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Today’s top stories
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UK prime minister Rishi Sunak ordered his ethics adviser to investigate the tax affairs of Nadhim Zahawi, the Conservative party chair. The government also faces a crisis over allegations BBC chair Richard Sharp helped former PM Boris Johnson secure a private loan.
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Brazil and Argentina, South America’s two biggest economies, will announce the start of work on a common currency this week and invite other Latin American nations to join. The “sur” (south) as Brazil would like it to be known, could boost regional trade and reduce reliance on the US dollar, and would initially run in parallel with the Brazilian real and Argentine peso.
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Music streamer Spotify became the latest tech company to announce job cuts (as well as a management shake-up) to reverse…
