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2023 inflation tops 211 percent in economic crisis-torn Argentina
2023 inflation tops 211 percent in economic crisis-torn Argentina
Business and Economy
by  AFP

Argentina's annual inflation surged beyond 200 percent in 2023, the statistics agency said Thursday, as the country grapples with an economic crisis new President Javier Milei has vowed to address by slashing state spending. Milei has warned the country is on the brink of hyperinflation, and said economic "shock" treatment was the only solution.

US opens safety probe into Boeing after Alaska Airlines incident
US opens safety probe into Boeing after Alaska Airlines incident
Business and Economy
by  AFP

The US Federal Aviation Administration (FAA) announced Thursday it is launching a safety probe into Boeing following last week's near-catastrophic incident on an Alaska Airlines-operated 737 MAX. "This incident should have never happened and it cannot happen again," the FAA said in a statement, after a panel known as a "door plug" blew out of the plane over the western US state of Oregon.