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Argentina announces new round of currency controls amid economic crisis

Argentina announces new round of currency controls amid economic crisis


Argentina announces new round of currency controls amid economic crisis

Argentina 's central bank late on Wednesday announced further currency contr...

BUENOS AIRES (Reuters) - Argentina’s central bank late on Wednesday announced further currency controls in an effort to tame speculation and stem a spiraling debt crisis in Latin America’s third largest economy.

Argentina’s government authorized currency controls earlier this month, an about-face by President Mauricio Macri, who had previously lifted many protectionist practices of his predecessor, Cristina Fernandez de Kirchner.

The shock result sent bonds, stocks and the peso currency plummeting on market fears over a potential return to the interventionist policies of Fernandez de Kirchner’s previous government.

Read more: Reuters Top News

Yes Abolish the central bank.

L.A. County rent control and eviction rules advance for unincorporated areasIn a bid to provide tenants stability and combat rising homelessness, the L.A. County Board of Supervisors on Tuesday moved to make permanent a rent control measure for unincorporated communities. This stupid action will be the cause for more debilitated housing and lack of investment into the housing market.

Germany can counter crisis with 'many, many billions of euros': ScholzGermany can counter a possible economic crisis by injecting 'many, many bil... And we aim for surplus in our infinite back in black wisdom Who's billion and billion euros exactly? Scholz 👁️🔺

Iran urges US to 'put warmongers aside' after Bolton firingTEHRAN, Iran (AP) — Iran's president urged the U.S. on Wednesday to 'put warmongers aside' as tensions roil the Persian Gulf amid an escalating crisis between Washington and Tehran in the wake of... Democrat media Maybe agree to meet with us try and talk some things out? F IRAN

Victoria's Secret Might Be Getting a Brand-New Look—But Is It Enough?In the age of Savage x Fenty taking over NYFW, this lingerie powerhouse is moving in a new direction—but is it the right one?

Turkey’s Radical Plan: Send a Million Refugees Back to SyriaFor 8 years, Turkey has welcomed millions of Syrian refugees. Now, President Recep Tayyip Erdogan has reversed course, forcing thousands to leave its major cities and ferrying many of them to Turkey’s border with Syria in white buses and police vans. Wait. What color where the buses?!!!! This is what Trump and his supporters have done to our world. Disgraceful why does the colour of the bus matter? haha

Pompeo and Mnuchin unveil new terrorism sanctions amid Bolton's messy exitAsked if the Cabinet officials were 'blindsided' by the shake-up, a smirking Secretary of State Mike Pompeo responded: 'I'm never surprised.' So now they blame the man, when is realDonaldTrump the one causing all this mess. Messy? It's just a tweet. Like Laurel & Hardy

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