Tag

Border Trade

All articles tagged with #border trade

economics1 year ago•5 min saved

"Argentina's Inflation Crisis Creates Ghost Town on Paraguay Border"

The Paraguayan border town of Nanawa has turned into a ghost town due to Argentina's near 300% inflation and a propped-up peso, which has made Argentine imports significantly more expensive. This has led to a sharp decline in sales, with shopkeepers reporting a 60-80% drop since President Javier Milei took office and devalued the peso. The economic situation has also affected tourism and exports, making Argentina less competitive in the region.

via Reuters Canada|

#argentina #border-trade #economics

international-relations2 years ago•11 min saved

China's Growing Influence in Myanmar: From Cyber Scams to Cease-Fire Deals

China's efforts to eradicate forced labor scam compounds on its border with Myanmar have disrupted border trade and triggered a countrywide attack by resistance forces, causing unprecedented losses for the junta. China is concerned about economic hardship and energy security in its southwestern provinces. The Myanmar army's request for Chinese help indicates the military may be on the brink of defeat. China's strategy involves fragmenting the armed resistance and forcing cease-fires, but this approach may lead to greater instability in Myanmar. Additionally, criminal syndicates have shifted their operations to other areas, posing a threat to global human security.

via United States Institute of Peace|

#border-trade #china #criminal-syndicates