Argentinian presidential candidate Javier Milei, who secured a primary victory on August 13, 2023, has expressed intentions to shut down the nation’s Central Bank if elected in the general elections on October 22. This statement was made during an interview in Buenos Aires on August 16. Under his prospective leadership, economist Emilio Ocampo, the architect […]
Related Posts
Argentina Unveils New 10,000-Peso Banknote to Combat Inflation
Argentina’s Central Bank (BCRA) introduced the new 10,000-peso banknote and is distributing it nationwide via banks and ATMs. This note showcases Manuel Belgrano and María Remedios del Valle, a hero from Argentina’s War of Independence. Consequently, it aims to improve financial transactions and make banking logistics more efficient. Later this year, the BCRA will also […]
Easter Island Discovery: The Anti-Aging Power of Rapamycin
In the remote expanse of Chile’s Easter Island, scientists discovered a remarkable compound called Rapamycin. This substance shows potential in extending human lifespan and combating age-related diseases. Found in the island’s soil, Rapamycin is produced by a unique bacterium. Researchers first noted its antifungal properties, but soon, broader health implications emerged. A groundbreaking 2009 study […]
Resilient Pesos Top Emergent Currencies 2023 Charts
In 2023, the Colombian and Mexican pesos led growth against the U.S. dollar among emerging market currencies. The Colombian peso’s strength was due to strong economic performance and higher commodity prices, boosting foreign investment and currency demand. Conversely, high interest rate differentials and robust remittance inflows notably strengthened the Mexican peso among emerging markets. Bloomberg’s […]