PublicProtest

Mozambique's Government Extends Tax Exemption on Basic Goods to Mitigate Rising Tensions

2 months ago

In a decisive move aimed at alleviating socioeconomic pressures on its citizens, the government of Mozambique has announced an extension of its tax exemption policy on essential goods. This decision comes in response to mounting public discontent fueled by soaring food prices and increasing living costs, which have sparked protests and unrest across the nation.

Serbia's Prospects Dim as Political Instability Halts Fitch Rating Upgrade

3 months ago

In a significant development for Serbia's economic landscape, the nation has missed the crucial opportunity for a credit rating upgrade from Fitch Ratings. This window of advancement was largely seen as a possible recognition of Serbia’s economic resilience and its ongoing efforts to stabilize post-pandemic. However, recent political turmoil has overshadowed these positive indicators, casting a long shadow over the country's financial reputation.

IMF Reveals Stark Assessment of Argentina's $44 Billion Agreement

4 months ago

The International Monetary Fund (IMF) has published a sobering evaluation of its ongoing financial deal with Argentina, which involves a staggering $44 billion restructuring effort. This latest report underlines the deep economic turmoil facing the South American nation, as it grapples with soaring inflation, a depreciating currency, and increasing public dissatisfaction.

Cuba's Power Grid Suffers Catastrophic Collapse, Leaving the Entire Island in Darkness

5 months ago

In a shocking event that underscores the fragility of Cuba's infrastructure, the island nation has once again experienced a total power grid failure. This catastrophic incident, confirmed by the Cuban state-run power company, ETECSA, occurred on December 4, 2024, plunging all of Cuba into darkness and disrupting daily life across the country.