Toyota denies promising to invest $10bn in US after Trump announcement

Argentina's recent congressional elections saw right-wing president Javier Milei and his allies claim victory, but the outcome raises concerns about the country's growing dependence on the U.S. Following a $40 billion rescue, critics argue that Argentina's democracy and economy are increasingly at risk of becoming subservient to Washington's interests. This situation is significant as it highlights the potential shift in Argentina's political landscape and its implications for regional stability.

Japan's decision to continue importing Russian liquefied natural gas (LNG) despite U.S. pressure highlights a significant divergence in energy policy between the two nations. Prime Minister Sanae Takaichi emphasized that an embargo could harm Japan's economy, indicating the country's reliance on Russian energy supplies. This situation matters as it reflects Japan's strategic choices in energy security and its complex relationship with both Russia and the U.S., potentially impacting global energy markets.

The US Federal Reserve has cut interest rates for the second time this year, lowering them to a range of 3.75% to 4%. This decision comes amid significant economic uncertainty caused by the federal government shutdown and tariffs imposed by Donald Trump. The rate cut aims to provide some relief and stimulate economic activity during these turbulent times, highlighting the Fed's response to ongoing pressures in the economy.

The mayor of South Korea's steelmaking hub has voiced strong opposition to President Trump's steel tariffs during his visit to the White House. This protest highlights the growing tensions between the U.S. and South Korea over trade policies that could significantly impact the steel industry and the economy in both countries. As Trump continues his trip through Asia, the mayor's actions underscore the urgent need for dialogue and resolution to avoid further economic strain.

In a recent article, Emma Brockes explores the complexities of Donald Trump's reactions, particularly in response to an ad quoting Ronald Reagan's criticism of tariffs. The piece highlights how Trump's presidency is marked by volatility, making it challenging to discern what truly angers him. This matters because it sheds light on the unpredictable nature of his leadership and how external criticisms can provoke strong responses, reflecting broader tensions in U.S.-Canada relations.

The recent discussions between the U.S. and South Korea regarding their trade deal have shown promising progress. During President Donald Trump's visit to Asia, he met with South Korean President Lee Jae Myung, where they discussed a framework that could lead to significant investments and cooperation in shipbuilding, along with reduced tariffs on South Korea's auto industry. Although no formal agreement has been signed yet, Trump described the day as a 'tremendous success,' indicating that both nations are close to finalizing the deal. This development is crucial as it could strengthen economic ties and enhance trade relations between the two countries.

South Korea is in discussions with the U.S. regarding its desire to acquire nuclear-powered submarines, a move that could significantly bolster its economy and enhance regional security. Donald Trump has indicated that talks are progressing well, with both sides optimistic about reaching an agreement. This potential deal is crucial not only for South Korea's defense capabilities but also for the broader geopolitical landscape in the region, as it reflects shifting power dynamics and the importance of military partnerships.

Boeing is facing a significant setback as it takes a nearly $5 billion hit due to delays in delivering its first 777X jets. These jets are crucial to Boeing's long-term strategy, but certification and production issues have postponed deliveries by several years. This situation not only impacts Boeing's financial standing but also affects its reputation in the aerospace industry, highlighting the challenges faced by manufacturers in meeting timelines and maintaining investor confidence.

Liverpool is set to face Crystal Palace in the Carabao Cup, with an experimental lineup featuring many substitutes. This match is significant as it showcases Liverpool's depth and strategy in cup competitions, while also providing an opportunity for lesser-known players to shine on a big stage. Fans can follow live updates and scores, making it an engaging evening for football enthusiasts.

The recent police raid in Vila Cruzeiro, which resulted in over 130 deaths, has left the community in shock and mourning. This tragic event marks the deadliest police operation in Rio de Janeiro's history, raising serious concerns about police violence and the impact on local residents. The gruesome scenes of disfigured bodies have sparked outrage and calls for accountability, highlighting the urgent need for reform in law enforcement practices. As the community grapples with this tragedy, it underscores the ongoing struggles faced by favelas in Brazil.

CBS News staffers are facing significant job losses as part of a sweeping layoff plan by parent company Paramount, which is cutting about 1,000 positions across its organization. This move comes after a merger with Skydance Media and is part of a broader $2 billion cost-cutting strategy. The layoffs have created a tense atmosphere among employees, many of whom have been anxiously awaiting the announcement. This situation highlights the ongoing challenges in the media industry as companies strive to streamline operations and reduce expenses.

The Congressional Budget Office has warned that a potential government shutdown could lead to a staggering loss of up to $14 billion in GDP, which may never be recovered even after funding is restored. This situation highlights the severe economic implications of political gridlock, affecting not just government operations but also the broader economy. As the deadline approaches, the urgency for lawmakers to reach an agreement becomes increasingly critical to avoid these financial repercussions.

Hurricane Melissa is wreaking havoc in the Caribbean, with a dangerous storm surge expected in the Bahamas and reports of dozens of fatalities in Haiti. The mayor of a southern Haitian coastal town is urgently calling for government assistance as the storm continues to impact the region. This situation is critical as communities struggle to cope with the aftermath of the hurricane, highlighting the need for immediate support and resources to aid recovery efforts.

A group of over 15 fertility patients is taking legal action to prevent the destruction of their frozen embryos due to administrative errors. These patients, some of whom are battling cancer or facing fertility issues, had frozen their embryos to enhance their chances of conceiving in the future. However, confusing rules regarding storage consent have left them in a precarious situation, highlighting the need for clearer regulations in fertility treatments. This case underscores the emotional and legal complexities surrounding reproductive rights and the importance of safeguarding patients' options.