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Argentina braces for 24-hour strike as it awaits news on IMF loan
Argentina braces for 24-hour strike as it awaits news on IMF loan
Economy
by  AFP

Argentina is bracing for fresh austerity protests Wednesday, with a 24-hour general strike slated to start at midnight against President Javier Milei, who remains focused on Washington and a new IMF loan. Thursday's labor action will be the third general strike in budget-slashing Milei's 16-month-old presidency, and was called by unions to protest his brand of "chainsaw" austerity.

Volkswagen says first-quarter profits impacted by Trump tariffs
Volkswagen says first-quarter profits impacted by Trump tariffs
Economy
by  AFP

German auto giant Volkswagen said Wednesday that tariffs on car imports into the United States ordered by President Donald Trump had dragged down its first quarter operating profit. Trump last month announced a 25-percent tariff on autos imported to the United States, which is the number one destination for German car exports.