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Economic Support

All articles tagged with #economic support

world2 months ago

Milei's Electoral Victory Sparks Market Rally and Trump’s Influence

Javier Milei's surprising victory in Argentina's elections may have been influenced by Donald Trump's financial support and intervention, which appeared to sway voter opinion despite accusations of meddling. Trump's promise of a $40bn support package and his direct messaging seemed to bolster Milei's campaign, leading to a significant electoral win and a surge in Argentine markets. This strategic move highlights Trump's active involvement in Latin American politics and its potential impact on regional dynamics.

via The Guardian|
#argentina#economic-support#elections
world3 months ago

Trump's Argentina Bailout Sparks Controversy and Economic Concerns

The U.S. is considering a $20 billion bailout for Argentina to support President Javier Milei's government, marking a rare intervention that ties U.S. economic influence to Argentine politics, amid concerns over Argentina's economic instability and potential risks to American taxpayers. The move has faced criticism from U.S. farmers and Democrats, highlighting tensions over foreign aid and trade policies.

via The New York Times|
#argentina#bailout#economic-support
society2 years ago

The Impact of the Pandemic on Children and Caregivers

A study led by Washington State University found that the arrival of the COVID-19 pandemic in the US led to a surge of nearly 510,000 children living in "doubled-up" households, with most of them living with grandparents. This increase in co-residing households was driven by the need for economic and instrumental support, such as childcare, outweighing concerns about spreading COVID-19 to vulnerable older relatives. However, the surge was temporary, and households returned to expected levels in 2021. The study highlights the importance of family ties as a safety net in the US, but also emphasizes that doubling up is not the preference for Americans, as they strive to live independently when possible.

via EurekAlert|
#covid-19#doubled-up-households#economic-support