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Wednesday, December 10, 2025
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Milei seeks to win back disenchanted voters in Argentina’s midterms

by Lucas Fernandez – World Editor October 23, 2025
written by Lucas Fernandez – World Editor

BUENOS AIRES, Oct 20 – argentine⁢ President Javier Milei is intensifying efforts⁣ to recapture support from voters who have grown disillusioned with​ his administration as the country approaches crucial midterm elections next year. Facing mounting economic challenges and social unrest, Milei’s government is launching‌ a series of initiatives aimed at addressing key concerns and ⁤regaining lost ground.

The midterms,slated for 2025,represent a important test for Milei,whose shock election​ victory in November 2023⁤ promised radical economic reforms. While initially enjoying a honeymoon period, his ​administration has faced increasing criticism over austerity ⁤measures, high inflation – currently exceeding⁢ 250% annually – and a struggling ​economy. These factors threaten Milei’s political future and the implementation of his ambitious agenda. The elections will determine control of Congress, impacting Milei’s ability to pass legislation and govern effectively.

Milei’s strategy centers ⁣on directly engaging with voters,notably those ‌in ⁤provinces where support has waned. He recently embarked on a tour of key agricultural regions, promising to lower ​export taxes and boost rural economies. ‍”We are committed to unleashing the potential of our agricultural sector,” Milei stated during a rally in‍ Santa Fe‌ province on October ⁤18th,”and ensuring that our producers receive a fair price for‍ thier hard ⁢work.”

The government is also focusing on social programs aimed at⁣ mitigating the impact of austerity‍ measures. While maintaining a commitment to fiscal obligation, officials announced a temporary increase in food assistance payments and expanded​ access to healthcare services for vulnerable populations. Economy Minister⁢ Luis Caputo emphasized that these measures are “targeted and lasting,” designed to provide relief without jeopardizing the overall economic plan.

However, ​challenges remain. Opposition parties are capitalizing on public discontent,organizing protests and campaigning on platforms of increased social spending and economic intervention. Recent polls indicate a decline in Milei’s approval⁣ ratings,with a significant percentage of voters expressing dissatisfaction with his handling of the economy.A recent study by Poliarquía Consultores showed Milei’s approval rating at‌ 35% in October, down from 56% in December 2023.

Analysts predict a highly competitive election cycle. “Milei needs to demonstrate tangible improvements in the economy and address ‍the concerns ⁣of ordinary Argentinians if he wants to retain power,” ⁤said political analyst Maria Elena Rodriguez. “The⁣ midterms will be​ a crucial indicator of whether his radical reforms are ‌gaining traction or facing insurmountable ⁢opposition.” The outcome will shape Argentina‘s political landscape and determine the future direction of its economic policies.

October 23, 2025 0 comments
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World

Asian markets retreat on potential new US trade curb against China

by Lucas Fernandez – World Editor October 23, 2025
written by Lucas Fernandez – World Editor

Asian markets broadly declined on Friday ​following reports ⁢the Biden administration​ is considering new restrictions ‍on Chinese technology firms, potentially escalating trade⁢ tensions between the world’s⁣ two largest economies. The move, aimed at⁣ preventing China from ⁣acquiring advanced⁤ semiconductors and chipmaking tools, sent ripples through regional stock exchanges ‌and ‌stoked concerns about global economic growth.

The potential curbs build on ‌existing restrictions and could substantially ⁣impact China’s technological ⁣advancement, affecting industries from artificial intelligence to electric vehicles. Investors are bracing for further retaliatory measures from Beijing,⁤ raising the specter​ of a ⁣renewed trade war that⁤ could disrupt supply chains, ⁢increase costs for businesses, and dampen consumer spending worldwide.⁢ The developments come as economic data from both the U.S. and china present a mixed picture, adding to market‍ uncertainty.

Japan’s ​Nikkei 225 closed down 0.54%, while South‌ Korea’s Kospi fell 1.44%. hong Kong’s Hang​ Seng Index ⁢shed 1.94% and the Shanghai Composite lost⁢ 0.76%. Taiwan’s benchmark index dropped 1.24%.The declines followed a negative session on wall Street,⁤ where the Nasdaq Composite fell 1.73% and the S&P 500 declined 0.85%⁢ on Thursday.

According to a report by the Wall Street Journal, the ​U.S. Commerce ⁢Department is preparing to ⁣unveil ⁢new rules that would close loopholes allowing⁣ companies like Huawei Technologies to ⁤access‌ restricted⁢ technologies through third parties.The proposed restrictions would require companies selling advanced chips to‍ China ​to obtain licenses, effectively tightening the existing export controls.

“This is a clear escalation ‍in the tech war,”⁤ said Alicia Garcia Herrero, Chief Economist for Asia Pacific at Natixis. “The U.S. is signaling it’s willing to take more aggressive ‌steps to slow China’s ⁤technological progress, even if it means disrupting ⁢global trade.”

the potential impact extends beyond ⁤technology companies. Analysts warn ‍that restrictions on semiconductors could⁣ hinder China’s ⁣manufacturing sector, impacting global supply chains already strained by geopolitical tensions‌ and the ⁤lingering effects of the COVID-19 pandemic. The‌ U.S.government ‍views⁤ limiting ​China’s access‌ to advanced⁤ technology as crucial for ​national security, fearing it could be‍ used to enhance its military capabilities.

October 23, 2025 0 comments
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Business

Title: Japan’s Inflation, Yen Weakness, and Potential PM Takaichi

by Priya Shah – Business Editor October 20, 2025
written by Priya Shah – Business Editor

Tokyo – Japan ⁢is navigating a complex economic landscape of a weakening yen, persistent inflation, and a surprisingly resilient stock market, creating both opportunities and challenges​ for investors and policymakers, according to veteran market analyst Toru sasaki. The interplay of these ⁢factors is reshaping‍ the nation’s economic ‌outlook and ⁤demanding a reassessment⁢ of customary investment strategies.

Sasaki, a former head of market research at the⁤ Advancement Bank of Japan (DBJ) from 2015 to November 2023, and currently⁢ holding a position since December 2013,‌ explains that the current environment is unlike any seen⁢ in decades. The weak yen, driven by widening interest rate differentials with the United States, is boosting corporate‌ earnings for exporters but simultaneously fueling ⁣import costs and squeezing household budgets. ⁢This dynamic is especially significant as Japan grapples with its first sustained period of inflation in years, ​impacting consumer spending and wage negotiations.‍ Sasaki is the author of “Weak Japan’s Strong Yen” and “big Mac and ‌the Making of a Weak Yen.”

The yen’s ⁣recent decline to levels‌ not seen in over three decades is a central element of this equation. While a weaker ​yen traditionally stimulates exports, the current global economic‌ slowdown limits the potential benefits. simultaneously,rising import prices,particularly for energy and ‌food,are exacerbating inflationary pressures,eroding purchasing power,and prompting⁣ the Bank of Japan to maintain its ultra-loose monetary policy despite growing calls for a shift.

Japan’s‍ stock market, however, has defied broader economic concerns, reaching multi-decade‌ highs. Sasaki attributes this resilience ‌to several factors, including corporate governance reforms, increased shareholder returns, and a favorable currency environment for exporters. However, he cautions that the ⁣market’s ⁢strength is contingent on continued earnings growth and a stable global economic outlook.

The situation demands careful monitoring, Sasaki argues, as the Bank of japan’s ⁣eventual policy adjustments and the trajectory of​ global economic growth will be‍ crucial determinants of Japan’s economic future. Investors ​must navigate this uncertainty by diversifying portfolios, focusing on companies with strong pricing power,​ and closely watching developments in both domestic and international markets.

October 20, 2025 0 comments
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Business

Title: Bitcoin, Ether Face Volatility as Investors Seek Protection

by Priya Shah – Business Editor October 14, 2025
written by Priya Shah – Business Editor

Following a historic crypto market collapse in 2022, investors⁣ are rapidly seeking ways​ to protect themselves from another potential freefall, driving demand for options contracts adn other ​hedging ​instruments. Trading volume for Bitcoin options surged to a six-month high ⁣this week, according to data from Deribit, the largest digital asset options exchange, signaling a‍ growing anxiety among crypto holders.The dramatic downturn last year – which saw Bitcoin lose nearly 75% of its value and the collapse of major ⁤players like FTX – left many reeling and sparked ⁣renewed interest in risk management. Now, with Bitcoin rebounding and nearing $30,000, investors are bracing for potential volatility, fearing a repeat of 2022’s‌ devastating losses. This hedging activity impacts ‍not only individual investors but also institutional players increasingly⁢ involved in ⁣the digital asset space, and could influence⁣ the overall stability of the crypto⁣ market.

Deribit reported a⁣ daily trading volume of over 15,000 Bitcoin options contracts on Tuesday, the highest as November. Put options, which profit from price declines, are particularly ​popular, with⁢ traders buying them as insurance against ​further downturns. “There’s a lot of fear still in the market,” said Luuk⁣ Strijers, Deribit’s chief commercial ‌officer. “People are still scarred from ‌last year.”

The increased hedging activity extends beyond options. Demand for short Bitcoin ​exchange-traded funds (ETFs) is‍ also rising in anticipation ‌of potential price drops, though these ⁤are‍ not yet available in the U.S. Meanwhile, traditional financial institutions are offering crypto-linked structured products with embedded downside​ protection.

Analysts attribute the renewed caution to several factors, including macroeconomic uncertainty,​ regulatory⁣ scrutiny, and lingering concerns‍ about the stability of certain crypto projects. ‍ The recent banking turmoil in the ⁤U.S. also contributed to the risk-off sentiment, prompting‌ some investors ‌to seek safe havens.”The market is‌ still very sensitive to negative news,” said Marcus⁣ Sotiriou, a market analyst at digital asset broker GlobalBlock. “Any sign of regulatory crackdown or a major project failing ‍could ‌trigger another sell-off.” He noted that the ​current rally may be vulnerable to a​ correction if macroeconomic conditions worsen.

October 14, 2025 0 comments
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Business

China’s Export Growth Surges in September, Driven by New Markets | Reuters

by Priya Shah – Business Editor October 13, 2025
written by Priya Shah – Business Editor

China‘s Exports Rebound, Signaling Resilience amid Global Headwinds

BEIJING, Oct. 8 – China’s exports unexpectedly‍ rose 8.3% ​in ⁣September, marking⁤ the first‌ increase since March and‍ offering a potential sign of resilience in⁣ the world’s second-largest economy despite ongoing ‌global economic ‌uncertainty. The​ rebound comes as China navigates shifting trade dynamics and increasing geopolitical tensions, especially with the United States.

The positive export‍ figures suggest China is successfully diversifying its trade relationships and adapting to⁢ challenges like potential tariffs and slowing demand ⁤from traditional partners.⁤ While the U.S. remains a notable market,China​ is ⁣increasingly focusing on growth‍ in⁣ regions like the European ⁣Union,Southeast ⁤Asia,and‍ Africa. This shift is crucial as concerns mount over a potential escalation of trade disputes⁢ and a broader global⁤ economic slowdown.

Exports​ to the ‌US⁢ decreased by ⁣27% in September compared ‍to the previous year, though the decline narrowed from ⁤August’s 33.1% drop.Simultaneously, ‍exports to the ​EU increased‍ by 14.2%, and those to Japan ‍rose by ⁤1.8%. ‌According to customs data, exports to India reached a record high in ⁣August, ⁤and shipments to‍ Africa and⁣ Southeast Asia are projected to achieve record levels for the year.

“S. accounts for less than 10% of China’s direct exports. A 100% tariff will definitely increase pressure on ​China’s export sector,but I ⁣don’t think it will have as ‍big of⁢ an impact as before,” said xu,as reported‌ by Reuters.

However, indicators suggest ‍domestic demand remains⁤ a concern. South Korea’s ‌exports to China,​ often viewed​ as ‌a barometer for ​Chinese imports,​ increased by only 0.5%‍ in September. The overall trade surplus ⁤for⁤ September was $90.45 billion, down from $102.33 billion in August‍ and below expectations of ‍$98.96 billion.

October 13, 2025 0 comments
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World

Yen Set for Steep Drop: Intervention Possible if it Reaches 160

by Lucas Fernandez – World Editor October 10, 2025
written by Lucas Fernandez – World Editor

Tokyo – Japan could intervene in foreign ⁢exchange markets if the yen approaches 160 against the U.S. dollar, a former Bank of Japan​ (BOJ) official warned, signaling growing concern​ over the currency‘s recent sharp decline. The yen⁤ has weakened⁣ significantly this year, hitting a 34-year ⁣low, fueled by the widening interest rate differential between Japan and the united States.

The potential ​for ‌intervention ⁣comes as a weaker yen increases import ⁤costs for Japanese businesses and consumers, impacting the world’s third-largest economy. While the BOJ has maintained its ultra-loose monetary policy, the Federal Reserve is ⁤expected to delay interest rate cuts, ‌further exacerbating the yen’s depreciation. Any⁣ intervention would likely aim to stabilize ⁣the currency and prevent further ​economic strain,though the effectiveness of such measures remains a subject of debate among economists.

Naoki‌ shirakawa, who served as BOJ governor from 2011 to 2013, stated in a speech on Thursday that intervention would ​be considered if the yen were to fall to around 160 per dollar. Shirakawa emphasized that intervention should be a temporary measure and coordinated with​ other countries to ‌maximize its impact.

The yen was trading at 155.73 per dollar as of 10:18 a.m.in Tokyo. Japanese authorities have previously intervened in the currency market, ‍most recently in 2022 to counter a sharp yen decline.Finance Minister Shunichi Suzuki has⁢ repeatedly stated that Japan will take “appropriate measures” against excessive currency volatility, without explicitly mentioning intervention.

October 10, 2025 0 comments
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