Skip to main content

Another year of rising inflation coincides with Argentina's World Cup preparations.

Inflation in Argentina is expected to hit 99 percent this month, and economists predict it could hit triple digits shortly, Bloomberg reported as the Argentine national team prepared for Sunday's World Cup final.

Another year of rising inflation coincides with Argentina's World Cup preparations.

Inflation averaged 116% in 1986, the year Diego Maradona led the albiceleste to the World Cup triumph. According to polls and data from the central bank, the rate in 1978, when Argentina hosted the event and triumphed, was 176%.

.net/YwotbKdP4sVunJGfdhmgww/e8f260a6-84bf-4222-a093-e1ef14e44c00/

Fans saw Lionel Messi, who was born the following year, as the natural successor to Diego Maradona's iconic position, and he will be making his final World Cup appearance in the match against France. The team's miraculous run to the final match, which saw them avoid early elimination and then win five games in a row, was inspired by their talisman, and it has thrilled a country that is now again facing difficult economic times.

However, this unchanging aspect of the country's economy does not predict the level of success the country will have in the World Cup. Due to hyperinflation of about 2,000% in 1990, the club ultimately lost the championship game. Even while the official rate was only 22% when it lost the 2014 final, many suspected government manipulation of data.

Labels:

Comments

Post a Comment

Popular posts from this blog

The Sensex goes up by 460 points, the Bank Nifty goes up by 0.45%, and the Nifty ends the day above 18400. M&M is the biggest winner.

Today's Stock Market News | Share Prices, Sensex, and Nifty LIVE: The bulls make a comeback, ending a two-day losing streak, and both the NSE Nifty and BSE Sensex indices in India close higher. The Sensex goes up by 460 points, the Bank Nifty goes up by 0.45%, and the Nifty ends the day above 18400. M&M is the biggest winner. Even though the markets opened flat, the Nifty rose more than 150 points to close at 18,420, going above 18,400. The Sensex ended the day up 0.76 percent, at 61,806. When the whole market went from red to green during the day, the Nifty Junior or Nifty Next 50 went up by almost 1%. With a gain of 1.59%, Nifty Auto was the industry's biggest winner today. The initial public offering (IPO) for KFin Technologies started today, with prices ranging from Rs. 347 to Rs. 366 per share. Nifty's biggest problem is 18,888 " "Wall Street had an unexpectedly bullish day, with short sellers covering their positions and value buyers buying up stocks. Ex...
Post a Comment
Read more

QuizTalk and Meta-Airline agree to form an NFT strategic alliance.

The goal of the partnership is to make sure that both companies' platforms have NFT content and to increase the number of NFT markets at home and abroad. QuizTalk Co., Ltd. has grown its NS home shopping and live commerce market, and it recently hosted a quiz show at SK Telecom's Ifland metaverse service. The QTCON token was put on the three largest domestic exchanges, Bithumb, Upbit, and Coinone. It was also listed on the worldwide exchange Gate.io. QuizTalk's platform, called "QUIZTOK," has about 780 million quiz answers, 1.32 million quizzes, and 700,000 downloads. When you answer a Quiz Talk question, you can get points and so can the person who asked the question. There is also a quiz curator, which lets people get quizzes for their followers. To advertise on QuizTalk, a business needs to get and use QuizTalk tokens. Meta-Airline is a travel-related NFT project that lets you buy tickets through your MAL-SCAN platform. You can also book golf courses, hotels, a...
Post a Comment
Read more

HOW DOES ANALYSIS DEAL WITH FOREX TRADING? TOP 10 EXPERTS EXPLAINED HERE!

  Market analysis is one of the best ideas to play with forex trading. Fundamental, technical analysis and more things are essential for traders. Here we listed top video guidelines. People have questions, and they want answers. When they do, where do they go? Nowadays social media provides you with a lot of information. If you have any queries, you can simply search on youtube and find so many experts' opinions. But when it's about trading be careful, whom you are following.  Remember that following someone is good but copying them isn’t good for your trading. You can choose a broker as your assistant. I introduce you to a user-friendly broker named  AssetsFX . You can easily control Forex, Crypto, Indices & Commodities through this broker. Here are some best videos for you on Forex trading analysis. From this video you can learn: Fundamental Analysis Technical Analysis Weekend Analysis Applying Forex Market Analysis Understand the Drivers Chart the Indexes Look for...
Post a Comment
Read more