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Argentine president's reforms pass first test in Congress
Argentine president's reforms pass first test in Congress
by  AFP

Argentine lawmakers took a first step Friday toward approving President Javier Milei's sweeping economic, social and political reform package, which has sparked angry opposition protests. But opposition deputy Leandro Santoro pointed to the economic and social crisis of 2001 as an example of the risks of free-market reforms.

US Fed 'not yet' at the point of rate cuts, official says
US Fed 'not yet' at the point of rate cuts, official says
by  AFP

The US Federal Reserve is on the right track in its inflation fight, but "not yet" at the point where it should begin cutting interest rates, a senior official said Friday. Speaking at an event in Hawaii on Friday, Fed Governor Michelle Bowman said she was encouraged by the recent fall in inflation, and expected price increases would continue to slow further given the high level of interest rates.

Six unpaired Michael Jordan sneakers sell for $8 mn
Six unpaired Michael Jordan sneakers sell for $8 mn
by  AFP

Six single Nike Air Jordans, worn by the eponymous basketball star in the 1990s, sold Friday for a record $8 million, according to auction house Sotheby's. The six shoes sold on Friday were an Air Jordan VI (1991), VII (1992), VIII (1993), XI (1996), XII (1997) and an Air Jordan XIV (1998).

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