Argentina’s inflation rate has soared past 100% for the first time since the end of hyperinflation in the early 90s. Inflation hit 102.5% in February, the country’s statistics agency said, meaning the price of many consumer goods has more than doubled since 2022. Argentina has been in economic difficulty for years, and most of the population now live in poverty.

Leave a Reply

Your email address will not be published. Required fields are marked *

You May Also Like

Four killed in attack on shelter in northern Gaza

Four Palestinians were killed when Israeli warplanes bombed a school housing displaced…

Germany to tighten gun laws after suspected coup plot

On Sunday, Germany’s interior minister said that it planned to tighten its…

Iran’s UN envoy accuses UK, US of waging war against Yemeni people: Report

Ambassador Amir Saeid Iravani, Iran’s permanent representative to the UN, made the…

Russia rejects US request to visit detained journalist

The Russian Foreign Ministry rejected a US request on Thursday to visit…