BUENOS AIRES (Reuters) – Argentina’s libertarian President-elect Javier Milei is sticking by his plans for economic “shock” therapy to fix the country’s myriad crises from triple-digit inflation to rising poverty and a dearth of foreign currency reserves. In an interview late on Tuesday, Milei said that his government, which will take office on Dec. 10, … Read more
In our upside-down economy, where good news for ordinary people means bad news for financial markets, worries about an overheated labor market pushed 10-year Treasury yields to their highest level in 16 years in October. That put pressure on stocks, and lifted the average rate on America’s most popular mortgage into yet-more-inaccessible territory, pushing it … Read more
World No 2 Carlos Alcaraz suffered a shock defeat to Roman Safiullin at the Paris Masters as he lost his opening match of a tournament for the first time in 2023. The two-time Grand Slam champion was beaten 6-3 6-4 by the world No 45 in what was the players’ first meeting on the ATP … Read more
PORTLAND, Ore. (AP) — The wife of a former Alaska Airlines pilot who prosecutors say tried to cut the engines of a Horizon Air flight while riding in the cockpit jump seat said Thursday she knew her husband was struggling with depression but that she was in a state of shock over his arrest. “This … Read more
Bernard Looney gestures as he addresses the gathering on the second day of the three-day B20 Summit in New Delhi on August 26, 2023. Arun Sankar | Afp | Getty Images Former BP CEO Bob Dudley on Tuesday said that Bernard Looney’s abrupt resignation last month came as a shock and denied any prior knowledge … Read more
Prince Harry needed a special rinsing in the head after watching Meghan Markle’s intimate scenes from ‘Suits.’ The Duke of Sussex admits he was traumatised watching his girlfriend getting cozy with her on-screen boyfriend, Mike Ross. Writing in his memoir ‘Spare,’ the Duke noted: “I’d made the mistake of googling and watching some of her … Read more