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Ministers hope move would help avoid last-minute flight cancellations for passengers this summer over Middle East fuel supplies.
The airline had been in talks with the Trump administration about a $500m bailout.
How much Donald Trump can do with the time he has left as president will depend massively on the cost of living.
The current level of tariffs charged on goods entering the US from the EU is 15%, under a deal negotiated last July.
The Bank of England's latest report reveals some interesting details on how our finances will be affected due to the Iran war.