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Economic Plans

All articles tagged with #economic plans

politics1 year ago•3 min saved

Over 120 Business Leaders Endorse Labour for Economic Growth

Ahead of the 4 July general election, 121 business leaders have endorsed the Labour Party's economic plans, signaling a shift in business support from the Conservatives. This endorsement, published in the Times, includes notable figures like Wikipedia founder Jimmy Wales and former Heathrow CEO John Holland-Kaye. Shadow Chancellor Rachel Reeves aims to present Labour as pro-growth and business-friendly. The move contrasts with the Conservatives' previous business endorsements and reflects broader dissatisfaction with recent Tory policies. Other political parties also weighed in, emphasizing their own economic strategies.

via BBC.com|

#business-endorsement #economic-plans #general-election

economy2 years ago•3 min saved

Argentina's Economy Chief Frontrunner Advocates Milei's Radical Shock Therapy for Central Bank Closure

Luis Caputo, the frontrunner for the role of Argentina's new economy minister, met with local and international bank officials to discuss the economic plans of President-elect Javier Milei, who has promised "shock therapy" for the struggling economy. Caputo emphasized the need for an abrupt economic adjustment to tackle inflation, recession, capital controls, and negative net reserves. While he did not confirm his appointment as economy minister, signs that Milei is leaning towards more orthodox economic policies have boosted markets. Caputo highlighted the importance of fiscal balance and a comprehensive approach to address economic challenges. Milei's government aims to lift currency controls rapidly but has no immediate plans for dollarization. Caputo also stressed the need to tackle inflation forcefully, although specific details were not provided.

via Reuters Canada|

#argentina #economic-plans #economy