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PM Holds Talks With World Bank Group President
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On May 8, Prime Minister Dr. Harini Amarasuriya had a meeting with Mr. Ajay Banga, President of the World Bank Group, at her office to talk about Sri Lanka’s key development goals and to continue their strategic partnership. The Prime Minister thanked the World Bank for their assistance during Sri Lanka’s recent financial turmoil…
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Bitcoin Soars Past $100K as U.S.-U.K. Trade Deal Optimism Takes Hold
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On Thursday, Bitcoin exceeded the $100,000 threshold for the first time since February, buoyed by encouraging developments in trade ties between the U.S. and major allies. The rally came after U.S. President Donald Trump announced a trade deal with the United Kingdom, designed to reduce American duties on British goods including steel, aluminum, and…
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UK-US Trade Deal Could Save Jobs, JLR Asserts
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A major car manufacturer has welcomed a trade deal struck between the UK and US, saying it will help protect jobs. Prime Minister Sir Keir Starmer announced a new deal that reduces tariffs on most UK car exports to 10% from the previous rate of 27.5%, which was imposed by former U.S. President Donald…
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UAE Joins Nigeria-Morocco Gas Pipeline: A Game-Changer for Africa’s Energy Future
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The pipeline project linking Nigeria to Morocco is gaining momentum with the announcement of the United Arab Emirates’ involvement in funding this colossal $25 billion venture, aimed at transporting Nigerian gas to Europe via Morocco. Morocco’s Minister of Energy Transition, Leila Benali, shared this development with parliamentarians, noting that other major investors and financial…
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UK Poised for Bigger EU Deal Following US Agreement
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The significant diplomatic achievement is that this allows the UK to pursue a comprehensive EU agreement covering aspects like food standards. From an economic standpoint, this US agreement is comparatively modest, yet it holds significant importance for particular industries. It reverses some of the trade harm caused by Trump’s initial announcement, particularly affecting the…
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US Cardinal Robert Francis Prevost Set to Lead Catholic Church as Pope Leo XIV — Stay Tuned with DW for Exclusive Updates
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Cardinal Robert Prevost has been named the new leader of the Catholic Church. As the first pontiff from the United States, he has adopted the papal name Leo XIV. for this role. This development comes with additional details provided by him. Pope Leo XIV has become the newest leader of the Catholic Church. He…