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Argentina’s peso fell over 11% against the dollar after easing currency controls to secure a $20 billion IMF bailout. This move, while potentially enhancing export competitiveness, raises import costs and …
Argentina’s Peso Plummets After Easing Currency Controls to Secure IMF Bailout Read More
Argentina has a complex relationship with the IMF, having participated in numerous financial programs totaling over $177 billion since 1958. The nation recently secured a new $20-billion program to tackle …
Argentina and the IMF: A Turbulent Financial Relationship Read More
Argentina is removing key currency controls, allowing the peso to fluctuate freely ahead of a $20 billion IMF agreement. This policy shift includes eliminating significant restrictions on foreign currency access …
Argentina Lifts Currency Controls in Preparation for IMF Agreement Read More
South Africa’s parliament passed the 2025 Budget, introduced by Finance Minister Enoch Godongwana, despite significant opposition to a VAT increase. The budget was approved by a narrow margin following weeks …
South African Parliament Approves 2025 Budget Amid VAT Hike Controversy Read More
In the Peru mayoral election, incumbent Ken Kolowski leads Doug Bernabei significantly in vote counts, 1,679 to 561. Both candidates have recently engaged in a heated contest on social media. …
Ken Kolowski Maintains Strong Lead Over Doug Bernabei in Peru Mayoral Race Read More
Ken Kolowski leads Doug Bernabei in the Peru mayoral election with 1,679 votes to 561. Candidates previously agreed to a non-contentious race, but tensions have emerged. Both support using hotel/motel …
Election 2025: Ken Kolowski Leads Doug Bernabei in Peru Mayoral Race Read More
The IMF warns that St. Vincent and the Grenadines is at risk of economic collapse along with other low-income nations, citing debt distress exacerbated by COVID-19 and impending expiration of …
IMF Warns of Economic Collapse Risk in St Vincent and the Grenadines Read More
Argentina has requested a $20 billion loan from the IMF amid currency struggles and declining reserves. Economy Minister Luis Caputo noted the country is also discussing additional support from the …
Argentina Seeks $20 Billion IMF Loan Amid Economic Turmoil Read More
Brazil has postponed its tech tax proposal amid concerns about US trade tensions. Instead, it seeks to regulate competition in the digital market, emphasizing domestic fairness while maintaining trade relations …
Brazil Delays Tech Tax Proposal Amid Concerns Over US Trade Relations Read More
The Monetary Policy Committee has maintained the interest rate at 7.5%, citing global trade uncertainties and domestic issues. Governor Kganyago noted various scenarios impacting the economy, including potential challenges with …
South Africa’s Interest Rates Held Steady Amid Global Trade Concerns Read More