Breaking News, Latest Philippines Headlines, World, Entertainment, Politics, Weather & Video News
By Fran BLANDY BUENOS AIRES, Dec 13, 2023 (AFP) – Argentina devalued its currency by more than 50 percent Tuesday in a set of “shock” measures aimed at reviving a crumbling economy and tackling triple-digit inflation. The government of President Javier Milei, a libertarian who swept from obscurity to the top office vowing to chainsaw spending, also announced cuts to generous state subsidies and a halt to all new public construction projects. In a pre-recorded […]
by Fanuel Jongwe Agence France-Presse HARARE, Zimbabwe (AFP) — With runaway inflation eating into incomes, staple foods have vanished from the tables of Zimbabweans like Emina Chishangwe, who lives in a poor dormitory town south of the capital Harare. “I can’t remember the last time I ate meat. It has become a luxury for some of us,” said the 57-year-old single mother of two adult sons. Zimbabwe has the highest inflation rate in the world, […]
