BUENOS AIRES, Argentina (AP) – International Monetary Fund Managing Director Kristalina Georgieva praised Argentine President Javier Milei’s austerity policies and reform agenda Monday, saying they have restored market confidence in a country long regarded as a serial defaulter on its sovereign debt.
HONG KONG (AP) – Shares of CXMT, China’s largest memory chipmaker, shot skyward Monday as they began trading in Shanghai in mainland China’s biggest initial public stock offering in recent years.
DETROIT (AP) – A major new bridge linking Canada and the U.S. at Detroit opened Monday to trucks, cars and other vehicles, the climax of a yearslong project that lately had been bruised a bit by international politics. Descendants of Gordie Howe, the hockey legend whose name is on the bridge, were among the first to cross over the Detroit River.
Excerpts from recent editorials in the United States and abroad:
NEW YORK (AP) – New York City Mayor Zohran Mamdani’s plan to open a slate of government-owned grocery stores stirred up critics who roasted the idea as the democratic socialist’s first step toward creating communist bread lines in the city.
Cracker Barrel’s CEO is stepping down nearly a year after an attempted rebrand of the chain led to a fierce customer backlash. Cracker Barrel said Monday that CEO Julie Masino will step down next month but remain with the company until Oct. 9 in an advisory capacity.
The Clinton Foundation unveiled a new initiative Monday to help state and local governments develop and enact nonpartisan policy solutions to improve health outcomes, especially for women and children, economic security and democracy.
MILFORD, Mich. (AP) – President Donald Trump is touting his handling of the economy during a visit to suburban Detroit on Monday, defending sweeping tariffs in a swing state where their effects have hurt many businesses as midterm election season heats up.
HONG KONG (AP) – China has a hot new product in the United States: artificial intelligence. San Francisco-based Raffi Krikorian, the chief technology officer at Mozilla, which runs the Firefox browser, switched to Chinese AI startup Moonshot’s Kimi K3 for many of his day-to-day activities within days of the new, powerful model’s launch more than a week ago.