Economy

Argentina’s economy foundering on eve of general election | Elections

Argentina’s economy foundering on eve of general election | Elections

Opinion polls are neck and neck before Sunday’s presidential election in Argentina. The run-off vote will pit Sérgio Massa, the centrist candidate from the governing Peronist coalition, against hard-right libertarian Javier Milei. In October’s first-round ballot, Massa – the current finance minister – won 37 percent of the vote. Milei, meanwhile, convinced just 30 percent …

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Wall St Week Ahead After breathtaking surge, U.S. stocks’ path may rest on economic soft landing

Wall St Week Ahead After breathtaking surge, U.S. stocks’ path may rest on economic soft landing

NEW YORK, Nov 17 (Reuters) – Are U.S. stocks poised to continue their dramatic run, or is a pause ahead? That’s the question investors are asking as the S&P 500 heads into the close of the year with a fresh record high coming into view. Signs of cooling inflation have fueled hopes that the Federal …

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Israel-Gaza war: Is the India-Middle East-Europe Economic Corridor a ‘casualty’ of conflict?

Israel-Gaza war: Is the India-Middle East-Europe Economic Corridor a ‘casualty’ of conflict?

The US has posited the corridor as a competitor to China’s massive Belt and Road Initiative investments throughout the Middle East. But with public opinion in Arab countries and Israel inflamed by the bloody conflict, work on the IMEC corridor is not expected to extend beyond Saudi Arabia for the foreseeable future. According to reports …

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Can Argentina’s next president fix the economy? Don’t count on it

Can Argentina’s next president fix the economy? Don’t count on it

Listen to this story.Enjoy more audio and podcasts on iOS or Android. Your browser does not support the <audio> element. There are four types of countries in the world: developed, undeveloped, Japan and Argentina. Decades after the Nobel-prize-winning economist Simon Kuznets is said to have coined this phrase in the 1970s, Argentina still stands out …

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Boulder economy, while challenged, rides a wave of science

Boulder economy, while challenged, rides a wave of science

The Sink in Boulder is Boulder’s oldest restaurant. (Cliff Grassmick — Staff Photographer) Boulder’s economy faces significant — but familiar — challenges, including labor shortages, inflation, workforce training, lack of affordable housing and high vacancies in office space. But the city also enjoys a diverse economic base, with one industry in particular — life sciences …

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Sub-Saharan African economy expected to grow 3.7% next year: Reuters poll

Sub-Saharan African economy expected to grow 3.7% next year: Reuters poll

A man counts Nigerian naira notes in a market place as people struggle with the economic hardship and cashflow problems ahead of Nigeria’s Presidential elections, in Yola, Nigeria, February 22, 2023. REUTERS/Esa Alexander/File Photo Acquire Licensing Rights JOHANNESBURG, Oct 20 (Reuters) – The Sub-Saharan African economy is expected to grow 3.7% on average next year …

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Weekend Thoughts – Inflation Hedges, Bonds And The ‘This Is Fine’ Economy

Weekend Thoughts – Inflation Hedges, Bonds And The ‘This Is Fine’ Economy

Tom Werner/DigitalVision via Getty Images Here are three things I think I am thinking about this weekend. 1) What’s the best inflation hedge? There’s always a lot of debate about what the best inflation hedge is. Is it gold, commodities, TIPS, stocks, Bitcoin, real assets or something else? It’s not as clear-cut as we like …

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US auto strike’s economic fallout starts to hurt global businesses

US auto strike’s economic fallout starts to hurt global businesses

A United Auto Workers (UAW) union member wears a pin while picketing outside Ford’s Kentucky truck plant after going on strike in Louisville, Kentucky, U.S. October 12, 2023. REUTERS/Luke Sharrett/File Photo Acquire Licensing Rights Oct 20 (Reuters) – Businesses ranging from airlines to auto parts makers are starting to feel the heat from the month-long …

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Weekly Chemistry and Economic Trends (October 20, 2023)

Weekly Chemistry and Economic Trends (October 20, 2023)

0.7% Leading Economic Index(R) MACROECONOMY & END-USE MARKETS Running tab of macro indicators: 11 out of 20  The number of new jobless claims fell by 13,000 to 198,000 during the week ending October 14. Continuing claims increased by 29,000 to 1.73 million, and the insured unemployment rate for the week ending October 7 was unchanged …

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A review of Delta Air Lines economy on the Airbus A321neo from New York to Las Vegas

A review of Delta Air Lines economy on the Airbus A321neo from New York to Las Vegas

Quick take: Delta offers one of the most comfortable domestic economy experiences in the U.S. On the Airbus A321neo, travelers can enjoy seatback entertainment, free Wi-Fi and diligent flight attendants. Pros There are plenty of inflight entertainment options with free headphones. The mood lighting in the plane created a relaxing boarding experience for an early …

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