Argentina Inflation Slows to Eight-Month Low in Win for MileiArgentina’s inflation slowed to the lowest level since September in a victory for President Javier Milei following a surge in March due to the Iran war-related energy shock.
Fed to Maintain Reserve Management Purchases at $10 BillionThe Federal Reserve said Thursday it will buy about $10 billion of Treasury bills this period, unchanged from the previous cycle, as policymakers seek to bolster reserves in anticipation of a liquidity drain in the coming months.
Brazil Seeks Talks With Congress to Block Costly BillsBrazil’s economic team is seeking to negotiate with Congress to prevent final approval of three bills that would add more than 170 billion reais ($33 billion) to the nation’s budget over the next 10 years, Planning Minister Bruno Moretti said.
A Rare ‘Super’ El Niño Is Looking More Likely. Here’s What to ExpectA cyclical weather phenomenon that can drive flooding in one continent and drought in another has returned.
Is the US Prepared for the Next Pandemic? How Trump’s Policies Have Weakened DefensesRecent outbreaks of Ebola and hantavirus infections are reminders that when such rare diseases flare up, they have the potential, in our interconnected world, to spread beyond their points of origin. While neither of these deadly menaces is thought likely to provoke a global epidemic, they’ve stoked anxiety about the ability of the US to respond to such a threat.
US Sanctions Cuba’s State Oil Firm in Latest Aggressive TurnThe US sanctioned Cuba’s state oil and gas company, potentially derailing a deal to send fuel to the communist-run island’s private sector in the middle of a dire energy crisis.
Tanzania Hikes Spending Despite Aid Cuts, Eyes 6.3% GrowthTanzania unveiled a 10% increase in the state budget despite a sharp decline in foreign development assistance, even as the government prioritizes infrastructure projects and improving social services.