Bloomberg uncovers a stark contrast in Argentina under Milei’s leadership: a dazzling luxury boom flourishes while the majority grapple with deepening economic hardships, highlighting the nation’s widening inequality
Browsing: inflation
The UK’s borrowing has skyrocketed as soaring inflation drives up the cost of debt servicing, deepening Chancellor Jeremy Reeves’ fiscal challenges. Experts warn that this alarming trend could place heavy strain on public finances and limit future policy options
Banks in Argentina are grappling with a severe liquidity crunch as soaring peso yields, fueled by rising inflation and economic uncertainty, intensify pressure on the financial sector, Bloomberg reports
UK borrowing has surged dramatically as soaring inflation drives debt servicing costs to unprecedented levels, Reuters reports. With interest rates climbing steadily, the government is under increasing fiscal strain, raising serious concerns about the country’s long-term economic future
Argentina’s Economy Minister Milei is taking bold action to rein in the currency market as the peso supply surges, aiming to stabilize the fragile economy amid soaring inflation and a sharp rise in capital flight, Bloomberg reports
In a recent statement, Japan’s Shigeru Ishiba vowed to remain actively engaged in politics, resolute in his mission to combat inflation and confront US tariffs head-on despite his election defeat. He reaffirmed his steadfast commitment to overcoming the economic challenges facing the nation
The Indian rupee is set to ride the wave of the US dollar’s impressive rebound amid dramatic shifts in global markets. Meanwhile, bond investors are closely tracking evolving rate cut forecasts, which are reshaping yields and steering market sentiment in new directions
Argentina’s inflation is poised to spike once more in June after a short-lived dip in May, Reuters reports. Skyrocketing prices continue to squeeze the economy, fueled by currency instability and unyielding consumer demand
Argentina’s inflation inched up slightly in April, rising less than market expectations, Bloomberg reports. This modest rise offers a promising sign of stability amid the country’s ongoing economic challenges
Inflation skyrocketed to its highest level since January 2024 in June, ramping up the pressure on consumer prices. Experts warn that this sharp rise could significantly shape upcoming monetary policy decisions
China’s deflationary pressures are intensifying as companies plunge into fierce price wars, spotlighting mounting economic challenges. This cutthroat competition is squeezing profit margins and clouding growth prospects, CNBC reports
Argentina’s Finance Minister Javier Milei is staking his political future on a strong peso, fiercely committed to curbing inflation and reigniting investor confidence amid economic chaos-though this daring strategy could send shockwaves through the markets
China’s deflation is intensifying as companies dive into fierce price wars, escalating economic challenges. Plummeting prices reflect weakening demand, squeezing profits and sparking fears of a prolonged slowdown
Chinese President Xi Jinping is signaling a bold new strategy to put an end to the prolonged deflationary price wars, with the goal of stabilizing markets and sparking robust economic growth, Yahoo Finance reports. This move has the potential to reshape China’s competitive landscape in a profound way
Australia’s central bank caught markets off guard by holding interest rates steady at 3.85%, bucking widespread expectations of a hike. The Reserve Bank highlighted economic uncertainty and easing inflation as the main reasons for pressing pause this time around
Breaking: In a surprising twist that stunned markets, the Reserve Bank of Australia has chosen to keep interest rates unchanged in a split decision, going against widespread predictions of a cut amid persistent economic uncertainty
Argentina’s economy has skyrocketed beyond all expectations after Economy Minister Milei unleashed bold new policies by rolling back government controls. According to Bloomberg, this unexpected surge signals an exciting turning point in the nation’s economic story
US prices for China-made goods on Amazon are soaring faster than inflation, a recent analysis reveals. Tariffs and supply chain challenges are pushing costs higher, directly impacting consumers’ wallets, Reuters reports
Inflation in France and Spain edged higher for the first time in 2025, signaling new hurdles for eurozone policymakers. Surging prices in key sectors are beginning to rattle consumer confidence, the WSJ reports
Rising living costs and stagnant wages are squeezing German households like never before, turning everyday expenses into a daunting challenge. For countless workers, simply covering the basics has become a daily battle, exposing the growing economic strain tightening its grip on the nation