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BBCNEWS Asia July 1, 2024



the central bank it needs these foreign currency reserves to enact firepower and effect the economy and it has run out of that lifeline. the other aspect is the that of capital controls, they are measures by the government to prevent people from changing their argentine currency into foreign currencies, it is very popular they have a black market, where people meet to exchange the currency to the us dollar and thatis currency to the us dollar and that is artificially changing the currency, what they want to do here is bring it back to market, reduce this propping up, this artificial inflation, see where it stabilises off it has been welcomed by the international monetary fund which argentina has a huge debt to, they called the move bold said it would bring its refinancing progress programme back on track. people who will feel this are those who will feel this are those who import goods, they will find things more expensive, we will see pain for small and medium busin ....

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BBCNEWS Asia July 2, 2024



it is important to bear in mind that while javier miliei came to power on a china sceptic platform he also came to power on a pro business platform. in one of argentina s most important business sectors creating the largest number of exports bringing in the largest amount of dollars as agriculture and where did the crops go? was ill, the eu and china. there is no practical way to cut ties with any of those, argentina s trading partners in more than is ill or chill a or any south american neighbours can do. chill a or any south american neighbours can do. what do you see happening neighbours can do. what do you see happening now neighbours can do. what do you see happening now he - neighbours can do. what do you see happening now he is - neighbours can do. what do you see happening now he is in - see happening now he is in office? if see happening now he is in office? , ., ~ see happening now he is in office? ~ ., see happening now he is in office? ~ ., ~ office? ....

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BBCNEWS BBC July 2, 2024



there are reports of house to house fighting in the city. as the israeli bombardment of gaza continues, the united nations says half the population of the territory are starving and nine out of ten can t eat every day. it comes as the world health organization holds a special session on the health situation in the occupied palestinian territories we will hear from our correspondent on that later this hour. but first, our middle east correspondent yolande knell has the latest. the misery of life under canvas. four in five gazans have now fled their homes and away from the front lines, they re still fighting to survive, with severe shortages of food and drinking water. aid agencies say that they re struggling to deliver the basics even close to the egypt border where supplies come in. humanitarian aid at the moment is the only lifeline for people, and we re simply not able to get the access that we need to get through. for the past four or five, six days, aid agencies s ....

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