DEVAL

Argentine President Milei warns economic shock unavoidable in maiden speech

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Argentine President Milei warns economic shock unavoidable in maiden speech

BUENOS AIRES, Dec 10 (Reuters) – Argentina libertarian economist Javier Milei took office on Sunday warning in his maiden speech that he had no alternative to a sharp, painful fiscal shock to fix the country’s worst economic crisis in decades, with inflation heading towards 200%. “There is no alternative to a shock adjustment,” he said … Read more

Dollar to stay bright this year before fading in 2024, Reuters poll of analysts shows

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Dollar to stay bright this year before fading in 2024, Reuters poll of analysts shows

A money changer counts U.S. dollar banknotes at a currency exchange office in Ankara, Turkey October 12, 2021. REUTERS/Cagla Gurdogan Acquire Licensing Rights BENGALURU, Sept 7 (Reuters) – The dollar’s strength will be difficult to overcome for most major currencies by year-end, according to a Reuters poll of forex strategists who said the risks to … Read more