BUENOS AIRES, Argentina (AP) – Argentina has repaid the funds it drew from a $20 billion credit line with the Trump administration, U.S. Treasury Secretary Scott Bessent announced Friday, in a crucial step for Argentine President Javier Milei to restore confidence in his chronically distressed economy.
HONG KONG (AP) – China said it would assess and investigate Meta’s acquisition of artificial intelligence startup Manus, in a move highlighting its technology rivalry with the U.S.. Meta announced last week it was buying Manus, which is Singapore-based with Chinese roots, as the California tech giant behind Facebook and Instagram expands its AI offerings across its platforms.
The Apple Card, known for its intuitive features and other perks for consumers, will now be issued by JPMorgan but Apple says nothing will change for users. The handover to JP Morgan brings together companies that play an increasingly large role in the way people pay for everything from utility bills to socks using phones, tablets or watches.
Excerpts from recent editorials in the United States and abroad:
WASHINGTON (AP) – President Donald Trump said on social media Thursday that he is directing the federal government to buy $200 billion in mortgage bonds, a move he said would help reduce mortgage rates at a time when Americans are worried about home prices.
UNITED NATIONS (AP) – The United Nations is forecasting that the global economy will grow by 2.7% this year, slightly lower than last year’s estimate, citing the impact of higher U.S. tariffs, economic uncertainties and geopolitical tensions.
More artificial intelligence is being implanted into Gmail as Google tries to turn the world’s most popular email service into a personal assistant that can improve writing, summarize far-flung information buried in inboxes and deliver daily to-do lists.
WASHINGTON (AP) – President Donald Trump’s withdrawal from the entire United Nations climate-fighting apparatus takes America’s environmental isolation to another level and is likely to damage both the United States and the world as the planet flirts with ecological tipping points, experts say.
President Donald Trump caused some commotion for investors in U.S. defense contractors this week. First, Trump criticized the companies for taking too long to produce military equipment and also failing to maintain it while at the same time paying out billions in dividends and stock buybacks to investors. But then the president proposed a $1.5 trillion defense budget for 2027, a big jump from the $901 billion provisioned for 2026.
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