economic crisis

Bolivians head to the polls on Sunday to cast their votes in a highly anticipated presidential runoff election. The contest pits two conservative candidates against each other, both of whom have pledged to revitalize the economy and restore faith in the country's governance. As the nation prepares to make its...

The US government's recent financial assistance to Argentina has sparked controversy, with critics arguing that a select group of investors may have reaped significant benefits from the move. Treasury Secretary Scott Bessent defended the aid package, stating that stabilizing Argentina's economy was in the United States' best interests. However, some...

As Europe continues to grapple with a multitude of challenges, Joachim Nagel, the president of Germany's central bank, Deutsche Bundesbank, has sounded a cautionary note against complacency in European capitals. In a recent statement, Nagel emphasized that the continent must remain vigilant in the face of rising tariffs, intensifying competition...

The sudden resignation of Sébastien Lecornu as France's Prime Minister, just a few weeks into his tenure, has raised alarm bells about the country's ability to tackle its massive debt burden. Lecornu's departure has sent shockwaves through the French government, fueling concerns about the country's economic stability and the government's...

The Czech Republic appears poised to see a familiar face return to the helm of government, as Andrej Babis, a billionaire entrepreneur and former prime minister, is on the cusp of regaining power. Babis's party secured a narrow victory in the country's parliamentary elections, capitalizing on voter concerns about the...

As the Iranian government struggles to address the country's deepening economic woes, a new set of United Nations sanctions is expected to exacerbate the situation. With an inflation rate soaring to 40 percent and chronic shortages of power and water already plaguing the nation, many Iranians are bracing themselves for...

When President Javier Milei took office, he made bold promises to restore Argentina's ailing economy to health. With a keen eye on fiscal responsibility, he implemented drastic measures to slash inflation and curb spending. However, despite his best efforts, the South American nation has been plunged into an economic crisis,...