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BUENOS AIRES — On the streets of Buenos Aires, Argentines were starting to grapple on Wednesday (Dec 13) with how they will be impacted by major austerity measures and an over 50 per cent devaluation of the local peso currency, part of a shock plan to stabilise the economy. The government of new libertarian President Javier Milei unveiled plans on...
On the streets of Buenos Aires, Argentines were starting to grapple on Wednesday with how they will be impacted by major austerity measures and an over 50% devaluation of the local peso currency,...
BUENOS AIRES (Reuters) - On the streets of Buenos Aires, Argentines were starting to grapple on Wednesday with how they will be impacted by major austerity measures and an over 50% devaluation of the local peso currency, part of a shock plan to stabilize the economy.
On the streets of Buenos Aires, Argentines were starting to grapple on Wednesday with how they will be impacted by major austerity measures and an over 50% devaluation of the local peso currency, part of a shock plan to stabilize the economy. The government of new libertarian President Javier Milei unveiled plans on Tuesday to slash state spending and turn around a deep fiscal deficit, moves that were cheered by markets. It devalued the peso currency sharply, which will stoke inflation already near 150%.
On the streets of Buenos Aires, Argentines were starting to grapple on Wednesday with how they will be impacted by major austerity measures and an over 50% devaluation of the local peso currency, part of a shock plan to stabilize the economy. Read more at straitstimes.com.