The E.U. package of about $54 billion will be spent on nonmilitary expenses, like pensions, payments to displaced people and paying teachers and doctors.
Tag: Currency
Under Argentina’s New President, Fuel Is Up 60%, and Diaper Prices Have Doubled
Javier Milei warned that things would get worse before they got better. Now Argentines are living it.
Airbnb to Pay About $20 Million After Charging Australians in U.S. Dollars
Airbnb admitted in Australian court that it had made “false or misleading representations,” charging customers in U.S. currency instead of Australian dollars.
Argentina’s New ‘Anarcho-Capitalist’ President Starts Slashing
Javier Milei has railed against Argentina’s government for years. In his first week in charge, he’s begun cutting it down.
Argentina’s Economy Depends on the U.S. Dollar. Can Javier Milei Change That?
Years of economic quagmire created an upside-down economy in Argentina. Javier Milei, a far-right populist, won the presidency this week by promising to blow it all up.
Israeli Shekel Regains Value Lost Against Dollar After Attacks
The currency is now back to about where it was before the attacks on Oct. 7, after falling to an eight-year low.
Javier Milei, a ‘Mini-Trump,’ Could Be Argentina’s Next President
The global far-right movement faces an important test in Argentina’s election on Sunday.
Argentina’s Currency Plummets Under Attack from Far-Right Candidate
Javier Milei has become the favorite in Argentina’s election this month by pledging to dollarize the economy. In response, the Argentine peso is crashing.
Russian Ruble Briefly Weakens to 100 Against U.S. Dollar
The currency has been significantly weaker since the start of the year, in a sign of the financial volatility prompted by the war in Ukraine.
Turkey’s Central Bank Raises Rates to Near Two-Decade High
The bigger-than-expected rate increase, to 25 percent, is aimed at curbing stubbornly high inflation that exceeded 80 percent last year.