Investors bet on Argentine peso devaluation after weekend elections

Investors bet on Argentine peso devaluation after weekend elections

Unlock the Editor’s Digest for free Roula Khalaf, Editor of the FT, selects her favourite stories in this weekly newsletter. Investors are betting that Argentina will sharply devalue its currency after midterm elections this weekend, despite the US’s $40bn rescue package for President Javier Milei. Offshore bets on the Argentine peso imply a 12 per…

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Shots fired outside Serbian parliament as fire breaks out

Shots fired outside Serbian parliament as fire breaks out

Shots have been fired outside Serbia’s parliament building, leaving one person injured, according to local reports. Footage on social media also showed a fire inside a tent near the parliament building, in the capital, Belgrade. Armed security were seen approaching the tent, one of several put up by supporters of President Aleksander Vucic during anti-government…

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Family of last woman to be hanged in Britain seek posthumous pardon

Family of last woman to be hanged in Britain seek posthumous pardon

The grandchildren of the last woman to be hanged in Britain are seeking a posthumous pardon, in light of evidence that she was physically and emotionally abused by her partner before killing him. Ruth Ellis, a Welsh-born nightclub hostess, was executed in London’s Holloway Prison on 13 July 1955 after being convicted of murdering her…

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‘Zero truth’ to report of Donald Trump commuting Sean ‘Diddy’ Combs’s sentence, White House says

‘Zero truth’ to report of Donald Trump commuting Sean ‘Diddy’ Combs’s sentence, White House says

A White House official has said there is “zero truth” to a report that Donald Trump is considering commuting Sean “Diddy” Combs’s prison sentence as early as this week. On Monday, US entertainment site TMZ reported the US president was “vacillating” on whether or not to reduce the music mogul’s sentence, citing a “high-ranking White…

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Inflation: Cost of living challenges require bold decisions

Inflation: Cost of living challenges require bold decisions

You know bad economic news is looming when a Chancellor of the Exchequer tries to get their retaliation in first. Treasury guidance on Tuesday afternoon that Rachel Reeves has prioritised easing the cost of living had to be seen in the light of inflation figures, published this morning, and widely expected to rise above 4%…

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46 people killed in crash involving two buses in Uganda

46 people killed in crash involving two buses in Uganda

Police in Uganda say 46 people have died after two buses collided in Uganda. Police believe the two buses were involved in a head-on collision between the capital Kampala and the northern city of Gulu. They say the vehicles may have crashed because they were trying to overtake other vehicles – a lorry and a…

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