World News

China’s central bank increased its gold reserves by 23 tonnes in September, the largest monthly acquisition since October 2023, bringing total holdings to approximately 2,410 tonnes. This move aims to reduce reliance on US dollar assets amid rising geopolitical and financial risks, with private demand for gold also soaring as households seek secure savings options.

After a swift rise up the ranks, 34-year-old Gabriel Attal took the reins as France’s new prime minister on Tuesday. With a background steeped in privilege, the first openly gay head of government is expected to bring new energy to President Emmanuel Macron’s government, which has been weakened by months of protests over pension reform, the lack of a parliamentary majority and low approval ratings.

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