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Spain finance chief Calvino to head EU's lending arm
Spain finance chief Calvino to head EU's lending arm
by  AFP

Spain's Economy Minister Nadia Calvino, the newly-named European Investment Bank (EIB) chief, is a politician who is well-versed in EU lore and a pragmatist with experience of navigating power struggles. Her political career began in 2018 when Sanchez, who was recently sworn in as premier, named her his economy minister as well as one of his deputy prime ministers.

Fashion world descends on UK's Manchester in Chanel show
Fashion world descends on UK's Manchester in Chanel show
by  AFP

Scintillating colours and celebrities lit up a gloomy Manchester on Thursday as the British city famous for its past textile industry flaunted the latest fashion in a prestigious Chanel show. Having a Chanel show here is amazing for the city," added Emma Kara, who lives in the region. ctx/imm/md

US, Mexico to boost cooperation in foreign investment screening
US, Mexico to boost cooperation in foreign investment screening
by  AFP

The United States and Mexico plan to form a working group on foreign investment screening, aimed at guarding against national security threats, US Treasury Secretary Janet Yellen said Thursday. "Both countries benefit when they work together to guard against foreign investments that pose national security risks," Yellen said in a statement.

EU states make last-ditch effort to back spending rules reform
EU states make last-ditch effort to back spending rules reform
by  AFP

EU finance ministers will try to hammer out an agreement over dinner on Thursday to reform bloc-wide spending rules after months of bitter divisions, especially between France and Germany. France and Germany, the EU's two economic powerhouses have been at loggerheads over the reform in the past few months.

Striking Washington Post staffers walk off the job
Striking Washington Post staffers walk off the job
by  AFP

Hundreds of staff at the Washington Post, one of America's most storied newspapers, walked off the job Thursday in a 24-hour strike, their union said, after 18 months of contract negotiations failed to secure a deal.

UK to raise BBC licence fee after two-year freeze
UK to raise BBC licence fee after two-year freeze
by  AFP

The UK government announced Thursday that the BBC licence fee will rise after a two-year freeze, but the broadcaster indicated the increase would not be enough to ward off further cuts. The government froze the fee for two years in January 2022 and had been expected to increase it by 9.0 percent next year.