History has shown us that draconian austerity measures can spur recessions and social upheaval, Ron Insana says.

The question is, how quickly will that price rise again? In December, the new president unveiled what he called a "shock therapy" economic plan – which, Reuters explains, "will likely hurt ...

Wall Street investors aren’t tempted by the best performing bonds in emerging markets this year even as local portfolio ...

It is part of the "economic shock therapy" that President Javier Milei says the country needs to fix its worst crisis in decades. Economy Minister Luis Caputo also announced deep cuts to public ...

In the early 1990s, the Soviet Empire ended with a whimper, not a bang to quote poet TS Elliot. It split into 15 republics with unique names like Uzbekistan, Belarus, Moldova and Georgia.

Argentina elected right-wing libertarian Javier Milei as its new president on Sunday, rolling the dice on an outsider with radical views to fix an economy battered by triple-digit inflation, a ...