Economic crisis

The Argentine Textile Industries Federation (FITA) reported that textile production fell 23.9% year-over-year in January 2026, the sharpest drop since 2016. Factories operated at just 24% of installed capacity, with warnings over low-priced imports impacting jobs and competition.

18. joulukuuta 2025 Raportoinut AI

Cuba's Central Bank introduced a third official floating exchange rate of 410 pesos per US dollar on December 18, 2025, adding to the existing rates of 24 and 120 pesos. The measure aims to capture foreign currency from the informal market and progress toward gradual monetary unification. Officials defend the change as responsible, though doubts remain about its impact on the economic crisis.