marketcrash
bitcoincrash
pensions
nationaldebt
bubble
risk
debtcollapse
Argentina
12/13/2024
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By Ramon Tomey
Milei’s miracle: Argentina achieves historic BUDGET SURPLUS after 123 years of DEFICITS
Argentina achieved its first budget surplus in 123 years, marking a significant milestone for the country’s fiscal health. Argentine President Javier Milei led bold reforms, including deep budget cuts in public administration, healthcare and education, and measures to curb corruption and hyperinflation. Within a year, Milei reduced the national budget deficit to zero and cut […]
01/04/2024
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By Laura Harris
Socialists in Argentina PROTEST against Milei’s proposed austerity measures
Socialist activists and workers’ unions in Argentina took to the streets of the capital Buenos Aires to protest against austerity measures proposed by Argentinian President Javier Milei. The protesters gathered in the capital carrying images of iconic socialist figures Che Guevara and Eva Peron. They argued that the push for deregulation under Milei, who took […]
11/30/2023
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By Ramon Tomey
Argentina’s President-elect Javier Milei says central bank shutdown NON-NEGOTIABLE
Argentinian President-elect Javier Milei has reiterated that the shutdown of the Central Bank of the Argentine Republic (BCRA) is non-negotiable. Milei’s office said in a statement posted on the X platform that the BCRA’s closure was a “non-negotiable matter.” The statement appeared to be a response to “false rumors,” Reuters said. Aside from the remarks […]
11/25/2023
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By Ramon Tomey
Argentina’s President-elect Javier Milei says country won’t join BRICS group… instead, he will embrace the collapsing DOLLAR
Argentinian President-elect Javier Milei has done a complete 180 on Buenos Aires joining BRICS, saying the South American nation won’t be joining the five-nation group. Diana Mondino, senior economic adviser to Milei, confirmed this development to Sputnik Brazil on Nov. 20, a day after Milei won the country’s second presidential runoff. She told the outlet […]
11/21/2023
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By Ramon Tomey
Conservative, anti-China candidate Javier Milei wins Argentina’s presidential election
Conservative presidential candidate Javier Milei, who previously denounced China as an “assassin,” has won Argentina’s elections. ZeroHedge reported that Milei won against Economic Minister Sergio Massa during the country’s second runoff elections for the presidency held on Nov. 19. The 53-year-old economist claimed almost 56 percent of the vote, with more than 80 percent of […]
08/30/2023
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By Belle Carter
End of the U.S. empire and its weaponized dollar? BRICS to account for HALF of global food production when new member states join next year
The BRICS (Brazil, Russia, India, China and South Africa) bloc of top emerging economies, which was formed in 2009, just took a major step in the expansion of its influence by inviting six more progressive nations to become new state members. Come January 2024, Argentina, Ethiopia, Iran, Saudi Arabia, Egypt and the United Arab Emirates […]
08/21/2023
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By Ramon Tomey
Frontrunner in Argentina’s presidential elections calls China an “assassin,” points to the country’s LACK OF FREEDOM
Javier Milei, currently the frontrunner in Argentina’s presidential elections, has called China as an “assassin.” He made this remark during an interview following his unexpected victory at the South American nation’s Aug. 13 primary elections. The conservative-leaning Milei shook the country’s political establishment after receiving more votes than the ruling Peronist coalition and a pro-business […]
07/21/2023
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By Ethan Huff
IMF hints that countries will soon be able to repay debt using Chinese YUAN currency
Following Argentina’s recent debt repayment in the Chinese yuan, the International Monetary Fund (IMF) has hinted that it may soon accept the yuan from all countries that need to settle their debt obligations. IMF spokesperson Julie Kozack confirmed that Argentina paid off $1.1 billion of its $2.7 billion debt using the yuan, and that it […]
07/19/2023
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By Arsenio Toledo
Move over USD: Argentina uses Chinese yuan to settle IMF debt
The International Monetary Fund has accepted Argentina’s recent payment of $1.1 billion of its debt to the organization in the form of Chinese yuan rather than United States dollars. IMF spokesperson Julie Kozack confirmed on Thursday, July 13, that Argentina paid the IMF in Chinese yuan worth the equivalent of $1.1 billion, with a further […]
05/05/2023
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By Belle Carter
Turkey and Argentina turn to crypto amid record-breaking inflation and crumbling currencies
Turkey and Argentina are seeking safe haven by turning to volatile cryptocurrencies amid the crashing fiat and soaring commodity prices. According to audience research company GWI, ownership of digital currencies in Turkey was the highest in the world at 27.1 percent, followed by Argentina at 23.5 percent, which is well above the global crypto ownership […]
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