Argentina's factories, like many economic sectors, are floundering as consumers hit by sky-high inflation and shrinking income buy fewer goods.In February, Argentina's economic activity slumped for a fourth straight month as self-described "anarcho-capitalist" President Javier Milei's budget-slashing plans took hold.
Chinese car giants locked in a cut-throat price war descend on the capital for the start of the Auto China show Thursday, vying to draw consumers and headlines in the world's biggest electric vehicle market and abroad.Beijing's Auto China show, which lasts until May 4, will see dozens of firms square off in a bid to draw customers at one of the country's biggest car shows.
The United States is the first to acknowledge that its long-awaited $61 billion aid package for Ukraine is not a "silver bullet."Jake Sullivan, his National Security Advisor, said the aid package "will make a difference," but warned "there is no silver bullet in this conflict."