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US Treasury plans to put Trump’s signature on new paper currency in first for sitting president

WASHINGTON, March 27, 2026 (AP) — The U.S. Treasury Department plans to put President Donald Trump’s signature on all new U.S. paper currency, the agency announced on Thursday. The move would be a first for a sitting president, since traditionally, U.S. paper currency carries the signatures of the Treasury Secretary and the Treasurer, not the president. It’s the latest instance of Trump putting his name and likeness on American cultural institutions, following his renaming of the U.S. Institute of Peace, the Kennedy Center performing arts venue and a new class of battleships, among other tributes. And the plans come in

India cuts special additional excise duties on petrol, diesel

NEW DELHI, March 27 (Reuters) – India slashed its special excise duties on petrol and diesel, as fuel ​prices stay volatile with supplies choked by the Iran ‌war. In a government order on Thursday, India’s finance ministry reduced the special excise duty on petrol to 3 rupees ($0.0318) per litre from 13 rupees earlier. It ​also cut the duty on diesel to zero from 10 ​rupees. The U.S.-Israeli war with Iran has led to a near-closure of ⁠the Strait of Hormuz, which serves as a conduit for ​40% of crude oil imports, hurting shipping and gas supplies. The ministry did

Reserve Bank of India to hold interest rates until at least mid-2027: Reuters poll

BENGALURU, March 27 (Reuters) – The Reserve Bank of India will hold its key interest rate unchanged at 5.25% on April 8 and at least until mid-2027, ​a Reuters poll of economists showed, as benign price pressures give it ‌space to assess the impact from the Middle East conflict. Inflation has stayed below the RBI’s medium-term target of 4% for a year and economic growth remains strong but the U.S.-Israel war with Iran has blocked ​a key transport corridor and threatens price stability for the world’s third-largest oil importer. Still, ​all but two of 71 economists in the March 23-26

The war in Iran sparks a global fertilizer shortage and threatens food prices

HANOI, Vietnam, March 27, 2026 (AP) — Farmers around the world are feeling the squeeze of the Iran war. Gas prices have shot up and fertilizer supplies are waning due to Tehran’s near shutdown of the Strait of Hormuz in retaliation for U.S. and Israeli bombing. The fertilizer shortage is putting the livelihood of farmers in developing countries — already troubled by rising temperatures and erratic weather systems — further at risk, and could lead to people everywhere paying more for food. The poorest farmers in the Northern Hemisphere rely on fertilizer imports from the Gulf, and the shortage comes

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