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From Ministries to Mansions: Argentina’s Massive State Property Purge
President Javier Milei’s administration has unveiled a daring plan to shrink Argentina’s government. The plan involves selling over 1,200 state-owned properties across the country. This decision aims to tackle the nation’s economic woes and reduce public spending. The government formalized this initiative through Decree 950/2024. The Agency for State Property Administration (AABE) will oversee the […]
Matthew McConaughey teases possible run for office at governors meeting, weighs in on 2024 presidential race
Actor and author Matthew McConaughey teased a possible political run during the National Governor’s Association summer meeting in Salt Lake City, Utah, Friday, where he weighed in broadly on the 2024 presidential race. Participating in a discussion on the role of culture in polarization, McConaughey joked with governors about indulging in the Hollywood heavyweight’s tequila […]
Global FDI Dips to $1.3 Trillion Amid Economic Shifts in 2023
In 2023, global finance subtly shifted, decreasing foreign direct investment (FDI) by 2%, ending at $1.3 trillion. This UNCTAD report reveals the complex interplay of economic forces, forecasting future dynamics. South America presented a contrast in FDI. Argentina, Chile, and Guyana saw investment surges, signaling growth. Conversely, the overall FDI in the region dropped to […]