Argentina devalued the peso by 54% and announced a swath of spending cuts as the first steps of President Javier Milei’s shock-therapy program, moves welcomed by the International Monetary Fund.
The newly inaugurated administration weakened the official exchange rate to 800 pesos per dollar, Economy Minister Luis Caputo said in a televised address after the close of local markets on Tuesday. It was 366.5 per dollar before the address.
CNN — A small plane has crashed into an urban center in the southern Brazilian city of Gramado, killing all… Read More
German authorities say the suspect supports a right-wing party.German authorities say the psychiatrist accused of a ramming attack in Magdeburg… Read More
Beijing calls on the US to stop ‘dangerous moves’ that ‘undermine peace and stability’ in the Taiwan Strait.China has warned… Read More
Here are the key developments on the 1,032nd day of Russia’s invasion of Ukraine.Here is the situation on Sunday, December… Read More
As rebels advanced toward the Syrian capital of Damascus on Dec. 7, the staff in the hilltop Presidential Palace prepared… Read More
The conflict in Sudan has killed tens of thousands of people and displaced 12 million. US President Joe Biden is… Read More
This website uses cookies.