Negotiations between Mauritius and the UK over the future of the Chagos Islands are stalled, with money being a key issue. The UK would relinquish sovereignty over the archipelago to Mauritius but maintain a lease for the Diego Garcia military base. The exact financial terms of the deal have not been disclosed, leading to concerns and criticism from both sides. The new Mauritian government is seeking changes to the agreement, with Deputy Prime Minister Paul Bérenger highlighting the importance of sovereignty and financial considerations. Both countries remain committed to finalizing a treaty, but the specifics of the deal continue to be a point of contention.
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Britain's economy flatlined in the third quarter, revised figures show
The U.K.'s Office for National Statistics reported that Britain's economy saw 0% growth in the third quarter of 2024, down from a preliminary estimate of 0.1%. This data, along with recent weak economic figures and concerns over the Labour government's fiscal strategy, has led to questions about the country's economic outlook. The Bank of England held interest rates steady at 4.75%, despite expectations of a rate cut, as inflation rose to 2.6% in November following...
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