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Argentina Dollarization Is Medium-Term Goal, Caputo Tells Bankers

(Bloomberg) -- The government of Javier Milei won’t lift currency controls immediately after taking office on Dec. 10, while keeping dollarization as a medium-term goal for Argentina, a key member of the president-elect’s team told bankers Friday, according to two people familiar with the conversation.Most Read from BloombergMarkets Cheer as Milei Drops Dollarization for Macri BrassEverything You Need to Know About China’s Child Pneumonia Outbreak‘Fear Gauge’ H...
Buenos Aires Distrito Federal Javier Milei Carlos Rodriguez Emilio Ocampo Bloomberg Businessweek
Source: yahoo.com

Charting the Global Economy: Inflation Eases in US and UK

(Bloomberg) -- Inflation eased in both the US and UK, prompting bets that central banks on both sides of the Atlantic will start cutting interest rates by the middle of next year.Most Read from BloombergBacklash Spreads Over Musk’s Endorsement of Antisemitic PostAston Martin Owner Lawrence Stroll Sells F1 Team Stake at £1 Billion ValuationOpenAI Ousts Altman as CEO; Board Says It Lost Confidence in HimSilicon Valley Boardroom Coup Leads to Ouster of an AI ChampionXi’s Big Week...
United Kingdom United States Catarina Saraiva Jerome Powell Zoe Schneeweiss Anup Roy
Source: yahoo.com

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Argentina's Money Machine and Fear Were All It Took to Stop Milei's Surge

(Bloomberg) -- Javier Milei truly believed he would celebrate turning 53 by winning Argentina’s presidency in the first round. The ballroom in a traditional yet démodé hotel in downtown Buenos Aires was thrumming to club beats and glowing in his signature campaign purple. Guests had been flown from around the world to toast the upset.Most Read from BloombergTreasury 10-Year Yield Breaches 5% for First Time Since 2007US Push for Release of Hostages May Delay Israeli Ground War, B...
Buenos Aires Distrito Federal La Matanza Bloomberg Businessweek Diana Mondino Narella Duran
Source: yahoo.com

Wars, Trade Bans and Climate Change Turn Food Into Politics

(Bloomberg) -- Whether it’s bread or onions, food has the power to make or break a country’s leadership. How nations secure their staples is looming large in elections across the world with war in Ukraine and now the Middle East.Most Read from BloombergIsrael Latest: UN Staff Given Evacuation Order for Northern GazaTop House Republican Wants Help From Democrats to Pick a SpeakerScalise Ends House Speaker Bid, Deepening Republican TurmoilIsrael Latest: Hamas Leaders Targeted as Grou...
New Zealand United Kingdom Al Qahirah Jawa Tengah City Of The Netherlands
Source: yahoo.com

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