A year after becoming president, Javier Milei has been praised inside and outside Argentina for reining in galloping inflation. But his economic policies have inflicted widespread hardship.
Tag: Inflation (Economics)
Trump’s Presidency Could Spell a Lonely and Dangerous Stretch for Europe
Internal political squabbles — and the fallout from a global backlash to inflation, immigration and ruling elites — are hobbling Germany and France.
Missing in Europe: A Strong Leader for a New Trump Era
Internal political squabbles — and the fallout from a global backlash to inflation, immigration and ruling elites — are hobbling Germany and France.
Russia Raises Interest Rate to 21 Percent, Its Highest in Decades
Military spending and recruitment are causing the country’s economy to overheat, leaving regulators in a struggle to rein in rising prices.
I.M.F. Says Inflation Fight Is Largely Over but Warns of New Threats
The International Monetary Fund said protectionism and new trade wars could weigh on growth.
Despite Global Crises, Gas Prices Slide as U.S. Election Nears
Fuel prices, which had soared after Russia’s invasion of Ukraine, have dropped to their lowest level since February.
I.M.F. Says Inflation Fight Is Largely Over but Warns of New Threats
The International Monetary Fund said protectionism and new trade wars could weigh on growth.
Russia to Boost Defense Budget as Ukraine War Drags On
The Kremlin plans a 25 percent increase to more than $145 billion in 2025, a year in which it had intended to cut military spending.
Interest Rates Fall, but Central Banks Are No Longer in Lock Step
Officials in some countries started cutting rates last year, but others, including those in Europe and the United States, have taken a more cautious approach.
Russia Raises Key Inflation Rate to 18 Percent
The move underscored the wartime risks for the Kremlin as the government pumps enormous sums of money into the Russian economy.