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Argentina inflation seen hitting 149% this year, up from previous poll

Argentina inflation seen hitting 149% this year, up from previous poll

© Reuters. FILE PHOTO: A costumer counts money before buying tangerines in a green grocery store, as Argentines struggle amid rising inflation, in Buenos Aires, Argentina May 11, 2023. REUTERS/Agustin Marcarian BUENOS AIRES (Reuters) – Analysts polled by Argentina’s central bank forecast annual inflation this year at 149%, above the 126% expected in the previous…

Swiss National Bank Chairman hints at rate rises to tackle inflation

Swiss National Bank Chairman hints at rate rises to tackle inflation

© Reuters. FILE PHOTO: Swiss National Bank Chairman Thomas Jordan attends the shareholders meeting of SNB in Bern, Switzerland, April 28, 2023. REUTERS/Denis Balibouse ZURICH (Reuters) – The Swiss National Bank could raise interest rates to tackle inflation which remains above target, Chairman Thomas Jordan said in an interview published on Saturday, Jordan defended the…

Putin Cops to ‘Significant Losses,’ Inferior Weapons in Stunning War Admission

Putin Cops to ‘Significant Losses,’ Inferior Weapons in Stunning War Admission

In a rare admission, Russian President Vladimir Putin acknowledged Friday that Russia is sustaining “significant losses” in the war on Ukraine.“In recent days, we have seen significant losses in Ukraine, they exceed the classical figure,” he said, according to the Kremlin.The Russian president also confessed that Russian forces were dealing with artillery problems, adding in…

Nocnoc opens door to quicker setup of cross-border e-commerce in Latin America

Nocnoc opens door to quicker setup of cross-border e-commerce in Latin America

Nocnoc, which facilitates cross-border e-commerce between Latin American merchants and global sellers, raised $14 million in Series A funding. PayPal Ventures led the round and was joined by Mouro Capital, Quona Capital, Caravela Capital, Broadhaven and Ignia. This gives the company $22 million in total venture-backed funding to date. Ilan Bajarlia, Joaquin Colella and Diego…

Disney’s Hotstar to offer free mobile cricket streaming in India to take on Reliance’s JioCinema

Disney’s Hotstar to offer free mobile cricket streaming in India to take on Reliance’s JioCinema

Disney’s Hotstar will offer free streaming of cricket tournaments to mobile users in India, following Reliance’s JioCinema comparable approach that helped it attract millions of viewers. On Friday, Disney+ Hotstar announced it would lift the paywall on the Asia Cup and ICC Men’s Cricket World Cup live streams to let all mobile viewers watch these…