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.
Tag: Inflation (Economics)
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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.”
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Russia’s Economy Is Increasingly Structured Around Its War in Ukraine
The nation’s finances have proven resilient, despite punishing sanctions, giving it leeway to pump money into its military machine.
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Interested in an Electric Vehicle? Consider Buying Used.
The prices of used battery-powered models have fallen sharply, as the supply of cars and trucks has improved.
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Jobs Gains Surge, Troubling News for the Federal Reserve
Federal Reserve officials are happy when the labor market looks strong, but they are trying to cool the economy down to fully wrangle inflation.