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ARGENTINA BUDGET SURPLUS
Governments worldwide shield households from rising energy costsNations globally are taking action to protect citizens from rising energy prices. Countries are introducing subsidies, tax cuts and fuel co...
Policymakers are achieving the art of the impossible, IMF chief saysIMF Managing Director Kristalina Georgieva lauded Germany, Britain, and Argentina for their significant policy shifts, calling it a "new er...
Trump’s ‘Liberation Day’ tariffs: When, where, and how to watch – which countries and sectors will be most affected?Liberation Day tariffs are set to reshape global trade as President Donald Trump announces sweeping new duties aimed at countering what he ...
Charting the global economy: US inflation picks up ahead of Trump's tariffsUS inflation surged at the start of 2024, driven by rising costs of groceries, gas, and housing, reducing chances of a Federal Reserve rate...
Elon Musk and Vivek Ramaswamy may have found their DOGE formula from Argentina's MileiArgentina, under President Javier Milei, achieved its first fiscal surplus in 123 years by slashing government spending. Elon Musk, who rec...
Strong data send economic concerns rising in USFederal Reserve Chair Jerome Powell has been trying his best for the past 18 months to break Americans’ borrow-and-spend habits.
Goldman’s weaker dollar call adds to emerging-market fervorMSCI Inc.’s index tracking developing-nation currencies climbed to a record on Friday as the dollar posted its biggest weekly drop in 2021,...
Life-after-stimulus question has emerging-market traders on edgeDeveloping-nation dollar bonds had their biggest weekly advance this year in the five days through Friday after weaker-than-forecast U.S. j...
India could unveil plan to boost oilseeds output, cut veg oil imports in Budget 2021: SourcesHigher oilseed production in India, the world's biggest buyer of cooking oils, will cut palm oil imports from Malaysia and Indonesia and tr...
Emerging-market traders cut wagers on US election volatility“It does appear that emerging-market investors are slightly more sanguine about risks through the end of the year than what you’re seeing i...
Modi govt's monumental mismanagement is pushing the country to bankruptcy: CongressAnand Sharma said that the current slowdown of the economy is due to "monumental mismanagement" of economy by the Modi govt.
First overseas debt bond sale is failingThe fear is that India may tread the well-worn paths of other developing countries.
Last 5 years' work will get us 300 seats: Nitin GadkariGadkari terms the crisis in the farm sector as a result of wrong policies for 60 years.
Oil, populist leaders & dollar: Guide to EM risks in 2019In emerging Asia, economies will face the challenge of maintaining currency stability.
How crude price fall altered CAD, rupee dynamics & RBI’s reservesCAD in India is funded historically by the capital account surpluses.
Contagion or not, these emerging markets hold key to selloffHere’s a look at what’s actually behind declines in most vulnerable markets.
This week in EM: Brazil boosts currency defense, while India and Turkey hike ratesIndia’s rupee fell even after the central bank unexpectedly raised its policy rate for the first time since 2014.
- July 8, 2014: Mecklai Financial report on Rupee
The local unit opened gap up at 59.94 after having closed at 60.01 levels yesterday. It was the single biggest fall in nearly three weeks a...
- Argentine unveils $3.9 bn economic stimulus plan
Most of the 13.2 billion pesos ($3.9 billion) in loans will come from state-run banks and assets that the government acquired in last month...
- Argentina ups natural gas prices as much as 30 pc
Argentina announced plans on Friday to increase natural gas prices by as much as 30 per cent for its top consumers while subsidizing liquef...