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Trump’s bailout threat may have been key to Milei’s electoral triumph in Argentina

Voters appear to have responded to idea that US president’s ‘generosity’ would evaporate if Milei failed to win“The dollar always talks in the end,” Donald Trump wrote in his 1987 bestseller The Art of the Deal.Javier Milei’s surprise triumph in Argentina’s midterm elections – after Trump bailed him out with 40bn of them – suggests there may be some truth to that assertion. Continue reading...

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Javier Milei hails ‘tipping point’ as his far-right party wins Argentina’s midterm elections

Result falls short of giving Milei a congressional majority but surprises many analysts after series of scandalsThe party of Argentina’s far-right president, Javier Milei, has won Sunday’s midterm elections after a campaign in which Donald Trump announced a $40bn bailout for the country and made continued aid conditional on the victory of his Argentinian counterpart.With more than 99% of ballots counted, La Libertad Avanza secured 40.8% of the nationwide vote, in an election widely seen as a de facto referendum on the self-styled anarcho-capitalist’s nearly two years in power. The Peronist opposition, Fuerza Patria, secured 31.7%. Continue reading...

Cartels stand to capitalize as Mexico eyes big tobacco tax hike

Mexico's Senate is pushing to pass a bill that would raise the country's tax on tobacco, figuring it will not only improve health by discouraging use, but also add to the government's bank account.

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World’s oldest serving head of state declared winner in Cameroon election

Paul Biya, 92, said to have won 53.66% of vote after volatile two weeks since election when opponent claimed victoryPaul Biya, the world’s oldest serving head of state, has been declared the winner of Cameroon’s election, granting him an eighth term that could keep him in office until he is nearly 100.The country’s constitutional council said Biya had won 53.66% of the vote, while his former ally turned challenger, Issa Tchiroma Bakary, got 35.19%. Continue reading...

Grave fears for civilians after Sudanese paramilitary claims capture of El Fasher

RSF says it has seized control of army’s main base in Darfur, home to famine-stricken displacement campFears are growing for hundreds of thousands of civilians trapped in El Fasher, Sudan, after the paramilitary Rapid Support Forces said it had captured the city, which it has been besieging for more than a year in the country’s civil war.The group said on Sunday that it had seized control of the army’s main base in the city in Darfur, where famine was declared in a displacement camp last year. It then released a statement saying it had “extended control over the city of El Fasher from the grip of mercenaries and militias”. Continue reading...