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UK economy bounced back from Covid, ONS revisions reveal (www.ft.com)

Official statistics on Friday added almost 2 per cent to the size of the UK economy, in a surprise move that showed the country recovered much faster from the pandemic than previously reported. The Office for National Statistics revisions, which also mean that Britain is no longer the worst performing economy in the G7, will...

Argentina’s yuan lifeline sign of brinksmanship between China, US (www.aljazeera.com)

In April, China and Argentina announced the swap line had been activated, enabling Argentina to use the equivalent of $1.04bn in yuan to pay for Chinese imports in May. Then in June during Massa’s China trip, that line was extended to up to $18bn over the next three years. The Central Bank of Argentina said this increased the...

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