Argentina’s Economic Crisis Worsens as Inflation Hits Record Highs Argentina is facing an unprecedented economic crisis, with inflation rates soaring to record highs, a depreciating currency, and growing social unrest. According to the National Institute of Statistics and Censuses (INDEC), the country’s inflation rate has reached an alarming monthly increase of 12.8% in September 2023,…
Argentina’s Economy Plunges into Recession Amid Currency Crisis Argentina’s Economy Plunges into Recession Amid Currency Crisis Argentina’s economy has officially entered a recession, marked by a significant decline in economic output and exacerbated by a currency crisis that has triggered soaring inflation. The situation has led to rising poverty levels and widespread economic hardship for…
Paetongtarn Shinawatra Named Thai Prime Minister After Constitutional Court Ruling Paetongtarn Shinawatra Named Thai Prime Minister After Constitutional Court Ruling Thailand’s parliament has appointed Paetongtarn Shinawatra as the new Prime Minister, making her not only the youngest leader in the nation’s history but also the fourth member of the influential Shinawatra family to assume the…
Global Financial Markets Crash August 2024: Unprecedented Economic Downturn Explained Global Financial Markets Crash August 2024: Unprecedented Economic Downturn Explained The summer of 2024 will be remembered as a dark chapter in the history of global finance. Throughout August, the world watched in disbelief as financial markets plummeted, sending ripples of uncertainty across economies worldwide….
Japan to Elect New Leader as PM Fumio Kishida Announces September Resignation Japan to Elect New Leader as PM Fumio Kishida Announces September Resignation In a surprising announcement that has prompted discussions and speculations across Japan and beyond, Prime Minister Fumio Kishida revealed his decision to resign in September 2024. This pivotal moment signifies a…
