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Currencies

Argentina, in dollar love affair, agonizes over divorcing the peso

LONDON/BUENOS AIRES/NEW YORK, Sept 5 (Reuters) - María Barro, a 65-year-old domestic worker in Buenos Aires, buys a few dollars each month with her peso salary, a hedge against Argentina's persistent inflation now running at over 100% and a steady devaluation of the little-loved local peso.The peso currency is now in the crosshairs of the country's dark horse presidential front-runner, libertarian radical Javier Milei, who has pledged to eventually scrap the central bank and dollarize the economy, Latin America's third largest.Milei - facing a tight three-way battle with traditional political...
Economy

Biden takes shot at Trump on jobs in battleground Pennsylvania

PHILADELPHIA, Sept 4 (Reuters) - U.S. President Joe Biden on Monday took shots at his likely 2024 rival, Donald Trump, in a Labor Day speech aimed at shoring up support in Pennsylvania, a state he needs to win next year to retain the White House.A self-described champion of labor unions, Biden addressed union workers in Philadelphia as he sought to explain his economic policies to a public worried about the economy, despite easing inflation and low unemployment levels."It wasn't that long ago we were losing jobs in this country," Biden...
Pension

Polish government draws up questions for voters, opposition calls foul

Polish Prime Minister Mateusz Morawiecki attends the European Union leaders summit in Brussels, Belgium June 29, 2023. REUTERS/Johanna Geron/File PhotoWARSAW, Aug 14 (Reuters) - The Polish government wants to pose questions to voters during a Oct. 15 election that will include whether Poland should take in "thousands of illegal immigrants", a move rivals say aims to swing the vote by misleading voters about opposition policies.The ruling nationalist Law and Justice (PiS) party said it had finalised four questions for what says is a referendum to coincide with the vote, covering...
Money

Trump group reports big legal expenses, claws money back from super PAC

WASHINGTON, July 31 (Reuters) - Donald Trump's legal entanglements on Monday showed signs they could impact spending on his White House bid, as one of his main political groups reported massive outlays on legal expenses while also clawing back more than $12 million it had transferred to a super PAC supporting Trump's 2024 campaign.Trump's Save America group, which he founded in 2020 following his defeat in that year's presidential election, said in a filing to the Federal Election Commission that it spent more than $21 million on legal expenses during...
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