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Tag: EXCHANGE RATE

An empty pea can on a wooden kitchen table with a blurred background of warm, earthy kitchen colors.
economics

Fearful of Banking, Argentines Hoard Dollars at Home Amid Economic Instability

May 25, 2025May 25, 2025 - by Allegra Nguyen - Leave a Comment

In Argentina, distrust in banks continues as many citizens, especially the elderly, hoard U.S. dollars at home in response to ongoing economic instability. President Javier Milei’s government launched a plan …

Fearful of Banking, Argentines Hoard Dollars at Home Amid Economic Instability Read More
Business / economics

Urgent Economic Reforms Needed to Rescue Nigeria’s Economy and Society

May 14, 2025May 14, 2025 - by Sofia Nawab - Leave a Comment

Dr. Akinwunmi Adesina highlights Nigeria’s declining per capita GDP, exposing economic mismanagement compared to South Korea’s growth. Critics challenge the accuracy of these claims, as the government struggles with inflation …

Urgent Economic Reforms Needed to Rescue Nigeria’s Economy and Society Read More
economics

Exploring the Emotional Triggers Behind Nigerian Consumer Choices

April 20, 2025April 20, 2025 - by Marcus Chen - Leave a Comment

Nigerian consumer choices are influenced by emotional triggers including community validation, resilience, respect, and future-proof investments. Vendors must address genuine emotional needs for sustained loyalty and market success. Notable examples …

Exploring the Emotional Triggers Behind Nigerian Consumer Choices Read More
Business / Companies / economics

Argentina’s Peso Declines Sharply Following Eased Currency Controls

April 15, 2025April 15, 2025 - by Marcus Chen - Leave a Comment

Argentina’s peso fell over 11% against the US dollar after President Milei’s government eased currency controls for a $20 billion IMF bailout. The decision poses political risks with elections approaching …

Argentina’s Peso Declines Sharply Following Eased Currency Controls Read More
Business / economics

Argentina Faces 24-Hour Strike Over Austerity Measures and IMF Loan Awaiting

April 10, 2025April 10, 2025 - by Liam Nguyen - Leave a Comment

Argentina is set for a 24-hour strike amid protests against President Javier Milei’s austerity measures, which, while resulting in budget surpluses and reduced inflation, have also increased poverty. Thousands protested …

Argentina Faces 24-Hour Strike Over Austerity Measures and IMF Loan Awaiting Read More
economics

Mexico’s Economic Strategy: Tariffs, Food Sovereignty, and International Engagement

April 5, 2025April 5, 2025 - by Carmen Mendez - Leave a Comment

The Mexican government is assessing the impact of U.S. reciprocal tariffs amid food sovereignty plans. President Claudia Sheinbaum suggests potential benefits for Mexico due to trade dynamics. Agriculture Minister Julio …

Mexico’s Economic Strategy: Tariffs, Food Sovereignty, and International Engagement Read More
Climate change

Frigerio Collaborates with Uruguay to Prevent Green Hydrogen Conflicts

March 30, 2025March 30, 2025 - by Allegra Nguyen - Leave a Comment

Rogelio Frigerio and Yamandú Orsi discussed avoiding conflicts over a green hydrogen plant in Paysandú during their meeting in Montevideo. They highlighted the importance of dialogue and cooperation to prevent …

Frigerio Collaborates with Uruguay to Prevent Green Hydrogen Conflicts Read More
Climate change

Argentina and Uruguay Collaborate on Green Hydrogen to Prevent Conflicts

March 30, 2025March 30, 2025 - by Liam Nguyen - Leave a Comment

Rogelio Frigerio and Yamandú Orsi met to address potential conflicts regarding a green hydrogen plant in Paysandú. They emphasized the importance of maintaining dialogue to prevent diplomatic crises similar to …

Argentina and Uruguay Collaborate on Green Hydrogen to Prevent Conflicts Read More
Climate change

Nigeria’s Decrease in Happiness Linked to Economic Hardship and Instability

March 23, 2025March 23, 2025 - by Marcus Chen - Leave a Comment

Nigerian mental health experts attribute the country’s declining happiness to economic distress, insecurity, and political issues, foreseeing increased anxiety and depression. The Global Happiness Report ranks Nigeria 105th out of …

Nigeria’s Decrease in Happiness Linked to Economic Hardship and Instability Read More
Business / Companies

Zambia’s Kwacha Faces Pressure While Other African Currencies Seek Stability

March 21, 2025March 21, 2025 - by Allegra Nguyen - Leave a Comment

Zambia’s kwacha experiences pressure from rising US dollar demand linked to increased imports, leading to potential depreciation risks. In contrast, countries such as Kenya, Nigeria, Ghana, and Uganda are successfully …

Zambia’s Kwacha Faces Pressure While Other African Currencies Seek Stability Read More

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