Can Argentina’s New President-Elect Javier Milei Tame Inflation?
Argentina has elected Javier Milei as president. Can his radical economic reforms tame soaring inflation and revive the economy?
Inflation
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UN’s 2023 Economic Outlook: Inflation, Inequality, and Debt Pose Global Challenges
UNCTAD’s 2023 Trade and Development Report highlights significant global economic challenges for next year, including inflation, inequality, and sovereign debt, urging pragmatic policies and financial reforms.
America’s Economy: The Boiling Frog of Gradual Interventions
Gradual, industry-specific interventions in the U.S. economy are quietly undermining growth, much like a frog slowly boiling without noticing the rising heat. This article explores the hidden costs of these policies.
French Workers Strike Over Wages Amid Soaring Inflation
French labor unions staged nationwide strikes on November 10, demanding wage increases amid rising inflation and energy prices. The protests disrupted transportation in cities like Paris, highlighting public discontent.
Why ‘Hunger Queues’ Have Returned to Madrid Amid Europe’s Inflation Crisis
Severe inflation in Europe has led to the return of ‘hunger queues’ in Madrid, as residents struggle with soaring prices for essentials. Many families now spend nearly half their income on daily necessities.
Los Angeles Residents Grapple with Surging Inflation and Record Gas Prices
Residents of Los Angeles face surging inflation as gas prices hit a record $6.08 per gallon, with the cost of living reaching levels unseen in 40 years, impacting daily life.
Egypt’s Soaring Food Prices Strain Local Businesses: A Shopkeeper’s Struggle
Egyptian shop owner Hamdi Ali Abu Zeid shares his struggles as soaring food prices make essentials unaffordable for consumers and threaten local businesses.
Australians Face Unpredictable Future Amid Rising Living Costs
Australians are facing an unpredictable future as the cost of living rises sharply, driven by increased prices in daily necessities, petrol, and housing, placing significant pressure on households.
Inflation Soars in Germany as Residents Stockpile Supplies
German residents are stockpiling essentials as inflation drives up food and energy prices, with sanctions against Russia contributing to rising costs. Yasmin, a nurse in Brandenburg, shares her experience.
Turkish Vlogger Reveals Doubling Prices Amid Inflation in Bodrum
Turkish vlogger Leyla Agdeve highlights how prices in Bodrum have doubled over the past year due to inflation, revealing the impact on daily essentials and people’s shopping habits.
Indian Families Struggle as Inflation Soars Post-Pandemic
Inflation is burdening Indian families post-pandemic, with essential goods’ prices soaring. Households face tough choices as they struggle to cope with rising costs.