Javier Milei has railed against Argentina’s government for years. In his first week in charge, he’s begun cutting it down.
Tag: Inflation (Economics)
Europe and Asia React to U.S. Push for Tech and Clean Energy
Other governments, particularly in Europe, are trying to counter the Biden administration’s industrial policies with their own incentives.
At COP28, More Than 20 Nations Pledge to Triple Nuclear Capacity
The group, including Britain, France and the United States, said the agreement was critical to meeting nations’ climate commitments.
Kenya’s Leader Lifts His Global Profile. At Home, the Public Fumes.
President William Ruto has drawn attention internationally as a climate champion and peace mediator but faces domestic discontent over rising food and fuel prices, and new taxes.
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.
For Both Trudeau and Biden, Polls Suggest an Uphill Political Path
The economy, and particularly inflation, has soured voters on both leaders, polls indicate, though well in advance of upcoming votes.
Russia’s Central Bank Raises Rates to 15 Percent to Curb Inflation
The jump, from 13 percent, would bring a long period of “tight monetary conditions” in order to ease price pressures, the bank said.
How the Israel-Hamas War Imperils Action Against Global Warming
Oil prices could surge. Disagreements between nations could worsen. The conflict complicates already fragile global diplomacy ahead of crucial climate talks.
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.
Fragile Global Economy Faces New Crisis in Israel-Gaza War
A war in the Middle East could complicate efforts to contain inflation at a time when world output is “limping along.”