Germany’s Friedrich Merz has warned that proposed tariffs by former President Trump could ignite a financial crisis, jeopardizing global trade stability. He emphasized the need for diplomatic solutions to avoid escalation and protect economic interests.
In “Opinion | Argentina Needs the Dollar More Than Ever,” the Wall Street Journal explores the nation’s escalating economic crisis, highlighting the urgent need for dollarization. As inflation spirals, many Argentines seek stability through the U.S. currency.
Russia’s economy faces a severe crisis as oil prices plummeted by 31%, marking a significant blow to President Vladimir Putin’s financial stability. The sharp decline raises concerns about the nation’s fiscal resilience and potential implications for global markets.
As the threat of a government shutdown looms, lawmakers scramble to negotiate funding agreements. With critical deadlines approaching, partisan tensions rise, raising concerns over potential impacts on federal services and employee pay.
Clashes erupted in Argentina as thousands of pensioners protested against proposed pension cuts and rising living costs. Tensions escalated in Buenos Aires, with police using tear gas to disperse crowds. The government faces mounting pressure amid economic turmoil.
Brazilian President’s approval rating has plummeted as soaring inflation continues to impact household budgets. Recent surveys indicate growing public discontent, raising concerns about his administration’s economic policies and future electoral prospects.
