A couple of days ago, the Argentine government, led by President Javier Milei, proposed a significant legislative change affecting the wine industry. The plan includes an 8% export tax on wines like the renowned Malbec. This move aims to boost government revenues and address economic challenges. The decision to tax wine exports is part of […]
Related Posts
Cuban Fuel Costs Skyrocket, Inflation Fears Rise
In a new development, Cuba, grappling with a significant economic challenge, has announced a drastic 500% hike in fuel prices. This decision is part of an effort to reduce the nation’s fiscal deficit. Previously, fuel in Cuba was sold at subsidized rates, making it among the cheapest in the world. However, the economic situation, including […]
ECB Set to Slash Rates: What It Means for the Eurozone
The European Central Bank (ECB) is ready to cut interest rates, making it one of the first major central banks to do so this year. This decision comes as a response to recent economic data showing a decline in Eurozone inflation, now close to the ECB’s 2% target. Meanwhile, U.S. inflation remains higher, delaying any […]
Nomadification’s Impact on Locals and Their Purchasing Power
Cities like Canggu and Medellín are attracting tech workers as digital nomads, leading to local complaints about being priced out due to their transient lifestyle. Medellín is one of the latest hot spots to join a global nomad circuit that spans tropical latitudes. Southeast Asia remains the preferred destination for nomads — on the popular […]