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Argentina is grappling with a major economic challenge. Its inflation rate has soared to 211%. This is causing a growing gap between the official and parallel exchange rates. The country is now bracing for another potential devaluation of its currency, the peso. This comes shortly after its value in dollars was cut in half. Since […]
Oil markets saw subtle shifts this Thursday, with West Texas Intermediate (WTI) for June edging down to $78.95 a barrel on the New York Mercantile Exchange, reflecting a minor decrease of 0.06%, or $0.05. Brent crude for July similarly declined by 0.27%, or $0.23, settling at $83.67 per barrel on the Intercontinental Exchange. The early […]
