Argentina just cut the value of its currency in half as inflation hits 143%: ‘Our mission is to avoid a catastrophe’

Argentina just cut the value of its currency in half as inflation hits 143%: ‘Our mission is to avoid a catastrophe’

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Argentina on Tuesday announced a sharp devaluation of its currency and cuts to energy and transportation subsidies as part of shock measures new President Javier Milei says are needed to deal with an economic emergency. Economy Minister Luis Caputo said in a televised message the Argentine peso…

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