April 2024 | 153 comments (153 topical, 0 editorial, 0 hidden)

Re: April 2024 World POWs "legitimacy" (none / 0)

telesur | Argentines March Against Milei's Budget Cuts to Universities (24.04.24)
Ongoing budget cuts affect 57 university institutions, over 250,000 teachers and administrative staff, and involve 2.5 million students. As a result of an economic crisis being exacerbated by unstoppable inflation, the University of Buenos Aires (UBA) recently declared a "budgetary emergency" and warned that it can only function for a few months.

mercopress | Argentina applies for NATO global partnership, 18 Apr

...Thus, Argentina would "join a group of countries already accessing the benefits of participating in this world alliance, such as Australia, New Zealand, South Korea, Japan, etc."
In January 1998, the United States named Argentina a major extra-NATO ally to secure military and economic cooperation privileges between the two countries. NATO's only Latin American "global partner" is Colombia, admitted in 2017. Other such allies are Australia, Afghanistan, Iraq, Japan, South Korea, Mongolia, New Zealand, and Pakistan....

nato.int | Argentina takes first step toward NATO partnership, 18 Apr
archive February 2024 Argentina Econ & Fin, inauguration 2023

reference a/o 24 Apr
blue dollar (USD:ARSB 1:1025 or 1030
casa rosa dollar USD:ARS, 1:872.75

by Cat on Wed Apr 24th, 2024 at 03:51:15 PM EST
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[INCONTINENCE ALERT] (none / 0)

Bidenecómicas! Javier Milei Fuels Wild Rally That Makes Peso No. 1 in World

...The peso has, in fact, not only stopped PLUNGING day after day but in one key foreign-exchange market—there are many of them here, a byproduct of the country's web of byzantine rules—it's actually rallying sharply. The [blue dollar, "parallel"] peso has SOARED 25% against the dollar over the past three months in the market, known as the blue-chip swap, that is used by many investors and companies. That's more than the gains posted by any of the 148 currencies that Bloomberg tracks against the dollar.
It's a SHOCKING statistic in a country where the currency is seemingly in a never-ending state of freefall. (The smallest annual decline in the past decade was 15%.) And it underscores the lengths that Milei has gone to to rein in bloated government spending, choke off demand for everything in the economy, including [blue y rosa] dollars, and tame *flation that's skyrocketed to an annual pace of almost 300%....

reuters | Argentina's government (and a bot) say inflation [rate] is easing. Shoppers aren't so sure, 12 Apr illustrated
archive three worst emerging-market performers Aug 2023

by Cat on Sun Apr 28th, 2024 at 02:04:34 PM EST
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April 2024 | 153 comments (153 topical, 0 editorial, 0 hidden)