finance

Donald Trump has nominated Scott Bessent to lead the US Treasury Department, a post with wide oversight of tax policy, public debt, international finance and sanctions.

Musk joined Trump regularly on the campaign trail and helped finance his final push.

After two weeks of talking, delegates here in Baku finally reached the crunch issues that were always going to face this meeting – dealing with climate finance, and improving efforts to cut carbon.

He argued the government's finances were "really, really difficult", and the government had to prioritise delivering for the NHS, schools and other public services used by pensioners.

Their anger forced the government to retract a controversial finance bill that had included more tax increases - and it woke up the churches, whose clergy began to openly criticise Ruto and his policies.