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West Ham close to Mohammed Kudus agreement after third bid

West Ham United are nearing an agree ment with Ajax for the signing of Mohammed Kudus, 90min understands. The Hammers have already had two bids turned down by Ajax, the latest of which was worth €40m (£34m) plus add-ons. But the need for West Ham to sign quality attacking reinforcements has seen the club continue negotiations with Ajax, with manager David Moyes and technical director Tim Steidten both pushing for Kudus to make the move to London Stadium. Sources have confirmed to 90min that a third offer has been lodged with Ajax, who did agree a fee with Brighton & Hove Albion earlier this summer only for Kudus to put the brakes on a move, worth €41m initially plus €3m in add-ons (£35m + £2.5m). There's a belief that Ajax will accept the offer, having countered West Ham's last bid with a €50m proposal, with a key factor being the Conference League winners' willingness to adjust the payment terms of the deal. 90min understands that West Ham had initially been offer...

Finance ministers of Japan and South Korea agree to resume currency swap agreement as ties warm

Japan and South Korea have agreed to revive a currency swap agreement for times of crisis TOKYO -- Japan and South Korea agreed Thursday to revive a currency swap agreement for times of crisis, in the latest sign of warming ties as the countries work to smooth over historical antagonisms. Japanese Finance Minister Shunichi Suzuki announced the agreement after meeting with his South Korean counterpart, Choo Kyungho. It was the first time the two countries have held annual financial talks in seven years, though Suzuki and Choo also met in South Korea in May. Suzuki told reporters that the 3-year currency swap agreement would help reinforce trust in the financial stability of the two countries as a fallback in an emergency. But he emphasized that Japan is fully prepared to deal with fluctuations in the Japanese yen, which has weakened sharply against the U.S. dollar in the past year. The $10 billion swap arrangement expired in 2015 and had not been renewed. Largely symbolic, it allow...

Debt ceiling agreement gets thumbs up from business groups, jeers from some on political right

The reviews are starting to come in as details emerge about the debt ceiling agreement reached by President Joe Biden and House Speaker Kevin McCarthy WASHINGTON -- The reviews are starting to come in as details emerge about the debt ceiling agreement reached by President Joe Biden and House Speaker Kevin McCarthy. Already, some lawmakers are criticizing the deal as not doing enough to tackle the nation's debt, while others worry it's too austere and will harm many low-income Americans. The legislation will probably need support from a significant number of lawmakers from both parties to clear the closely divided House and gain the 60 votes necessary to advance in the Senate. Many lawmakers say they are withholding judgment until they see the final details. A look at how the agreement is going over so far: EARLY CONCERNS Some of the earliest objections are coming from the most conservative members of Congress, particularly members of the hardline House Freedom Caucus that of...