Socialism vs. Economic Freedom

mises.org [From Economic Policy: Thoughts for Today and Tomorrow (1979), Lecture 2, "Socialism" (1958)] I am here in Buenos Aires as a guest of the Centro de Difusión Economía Libre.1…

Brazil’s anger over EU carbon tax infiltrates COP28

politico.eu DUBAI, United Arab Emirates — Brazil has taken its green trade row with the European Union to this year’s global climate summit. The Brazilian government has been among the…

Procter & Gamble sees more than $2 billion in charges for restructuring and Gillette impairment

marketwatch.com Procter & Gamble Co.’s stock fell 2.8% Tuesday, after the consumer goods giant said it expects to book more than $2 billion in charges for a limited restructuring and an…

P&G Will Take Up to $2.5 Billion in Charges for Restructuring, Gillette Impairment

investopedia.com Procter & Gamble Co. (PG) shares fell 3.5% on Tuesday after the consumer products giant said it would be taking up to $2.5 billion in charges over the next two fiscal years…

BRICS Set to Become More Than an Economic Alliance?

watcher.guru Amid greater calls for the bloc to more clearly define its purpose and position in the greater international arena, BRICS could be set to become more than just an economic…

Lionel Messi could prompt another US soccer ticket surge next summer

newsweek.com While it might feel unseemly to some fans, professional sports are a big business. Whether we're talking about contracts, endorsements or ticket sales, everything boils down…

P&G to record up to $2.5 bln in Gillette writedown, operations rejig

reuters.com A plant wall with Procter & Gamble's logo is pictured at the entrance to the company's highly automated cleaning products factory in Tabler Station, West Virginia, U.S., May…

Argentina’s Rampant Inflation, Explained (in One Chart)

aier.org Marcelo Capobianco is a butcher in Buenos Aires, where he works in a white-tiled room surrounded by dangling hooks, slabs of beef, and a sign that reads “Long live freedom!”…

P&G to record up to $2.5 billion in Gillette writedown, operations revamp

cnbc.com Gillette razors, a brand owned by Procter & Gamble, is seen for sale in a store in Manhattan, New York City, U.S., June 29, 2022. Procter & Gamble said on Tuesday it would…

BRICS: Argentina Says ‘No Benefit’ to Join Alliance

watcher.guru Despite being a key part of the BRICS expansion plan, Argentina has recently said that there is ‘no benefit’ to joining the alliance. Indeed, reports have stated the…

Why Gillette Parent P&G's Stock Is Taking A Hit Today

benzinga.com Procter & Gamble Company PG said in an exchange filing that it expects to record charges worth $2 billion to $2.5 billion after-tax due to restructuring its business…

Argentina’s President-elect Milei replies to Musk’s interest: ‘We need to talk, Elon’

seattletimes.com Elon Musk, the billionaire owner of the social network X, has shared a video in which Argentina’s President-elect Javier Milei says equality should never come before freedom.

Repeal Day lessons for tobacco prohibitionists

reason.com On this date in 1933, Americans ratified the Twenty-First Amendment to the Constitution, officially repealing the Eighteenth Amendment that had ushered in Prohibition of…

Bitcoin vs. Marx: Two Competing Geopolitical Domino Theories

bitcoinmagazine.com Marx tells us the revolution will be decentralized. The Have-nots will tire of the great inequity of capitalism, and the few thousand Haves will suffer from the worldwide…

P&G to record up to $2.5 billion in Gillette writedown, operations rejig

finance.yahoo.com Procter & Gamble said on Tuesday it would record up to $2.5 billion in charges over two fiscal years as it writes down the value of its Gillette business and restructures…

Bank of China eyes de-dollarization move in Africa, pushing the yuan in a top copper producer

aol.com None The Bank of China's office in Zambia is pushing to increase trade using yuan in southern Africa, Bloomberg reported. • None The move is the latest in the…

Are you ready for a Bitcoin rally?

dlnews.com A version of this story appeared in our The Roundup newsletter. Sign up here. Happy Friday. Eric here with this week’s Roundup. At the risk of sounding like a broken record,…

Javier Milei may love Bitcoin, but Argentinians facing 185% inflation told us crypto is not the answer

dlnews.com Crypto supporters around the world rejoiced when libertarian economist Javier Milei won a shocking victory in Argentina’s presidential election on Sunday. “This is the…

What Argentina’s new president means for crypto

dlnews.com The announcement of Javier Milei’s election as Argentina’s next president was met with a chorus of screams and cheers throughout downtown Buenos Aires on Sunday evening,…

Trust Wallet Expands in LATAM with Alchemy Pay and Banxa

cryptobriefing.com Trust Wallet, a decentralized cryptocurrency wallet, is expanding its in-app purchase options for users in Latin America through partnerships with Alchemy Pay and Banxa, two…

Argentina rejects BRICS invitation amid Milei’s rise to power

cryptobriefing.com Argentina has confirmed that it will not join BRICS, a group of emerging economies that includes Brazil, Russia, India, China, and South Africa. Diana Mondino, the future…

Argentina’s Central Bank Shutdown is Non-Negotiable Says Pro-Bitcoin Government

cryptobriefing.com Newly elected Argentine President Javier Milei has confirmed his commitment to shutting down the nation’s central bank, Banco Central de la República Argentina (BCRA),…

Jim Cramer says buy P&G, Starbucks on unwarranted pullbacks

cnbc.com Every weekday the CNBC Investing Club with Jim Cramer holds a Morning Meeting livestream at 10:20 a.m. ET. Here's a recap of Tuesday's key moments. 1. U.S. stocks gained in…

P&G to record up to US$2.5-billion in charges related to Gillette business, restructuring

theglobeandmail.com Procter & Gamble PG-N said on Tuesday that it would record up to $2.5-billion in charges over two fiscal years related to writing down the value of its Gillette business and…

Procter & Gamble to Book Up to $2.5B in Charges for Restructuring, Gillette Impairment

wsj.com Procter & Gamble flagged up to $2.5 billion in restructuring charges for its international operations and an impairment hit for assets it had picked up with the 2005…

Nigeria Ready To Join BRICS As Argentina Rejects the Alliance

watcher.guru Argentina became the first country to reject BRICS membership after being invited to join the alliance in August this year. BRICS invited six new countries to join the bloc…

AI and pension funds: Is AI a safe bet for retirement investment?

cointelegraph.com Pension funds are in a perpetual crisis worldwide, with low demographic rates in many countries foreshadowing a dim future for such investments, combined with young people’s…

To CBDC or not to CBDC, That is the Question

coinfabrik.com It is critical to start by saying that speaking about CBDCs (Central bank digital currencies) does not mean we are talking about blockchain and/or decentralization…

The 3 Best Lithium Stocks to Buy in December

investorplace.com Here are a few of the top, most oversold lithium stocks to buy and hold It’s been a rough few months for lithium stocks. Albemarle (NYSE:ALB) slipped from about $250 to…

Can the ANC win South Africa's pivotal 2024 election?

theweek.com Cyril Ramaphosa has fired the starting gun for a general election that is widely viewed as the most consequential in South Africa since the end of apartheid 30 years ago.…

Argentina projection of the day

marginalrevolution.com Milei’s November election win — on a pledge to rapidly overhaul Argentina’s dysfunctional economy — has triggered a burst of market exuberance. The local Merval stock index…

Israel Issues New Travel Warnings For 80 Countries, Saying 'Jews Targeted'

zerohedge.com Israel Issues New Travel Warnings For 80 Countries, Saying 'Jews Targeted' Israel has issued new severe travel advisories for dozens of countries for its citizens, related…

El Salvador’s Bitcoin Advisor Reveals His Plans For Argentina’s Milei

bitcoinist.com Samson Mow, the Bitcoin advisor to El Salvador’s President Nayib Bukele and the architect behind the Vulcano Bonds, has unveiled his strategic blueprint for newly elected…

Argentina's outgoing government rejects EU-Mercosur trade deal, but incoming administration backs it

abcnews.go.com FILE - European Commission President Ursula von der Leyen, left, and Argentina's President Alberto Fernandez, exchange folders during a meeting at the government house in…

Argentina’s outgoing government rejects EU-Mercosur trade deal, but incoming administration backs it

seattletimes.com Argentina’s outgoing government says it will not support the signing of a long-delayed trade deal between the European Union and the South American bloc Mercosur during a…

Former US Ambassador Charged With Spying for Cuba Over Decades

youtube.com Prosecutors accused a former US diplomat of spying for Cuba’s intelligence service while holding top posts in embassies across Latin America and at the White House,…

Does Venezuela’s Essequibo referendum risk war with Guyana?

semafor.com Venezuela fueled tensions with Guyana after a referendum approved a measure that backs Caracas claims over disputed territory. Some 95% of voters voted in favor of annexing…

Former U.S. diplomat charged with secretly spying for Cuban intelligence for more than 40 years

pbs.org A former American diplomat who served as U.S. ambassador to Bolivia has been charged with serving as a mole for Cuba’s intelligence services dating back decades, the Justice…

How Not to Desocialize: Argentina Edition

mises.org Argentina’s president-elect, Javier Milei, is set on implementing promarket policies, including a vast desocialization, or privatization, of the economy. The privatization…

Argentina’s President-elect Javier Milei softens rhetoric, seeks to strengthen ties with Brazil

brazilreports.com São Paulo, Brazil – In the weeks following his victory in Argentina’s presidential elections, Libertarian Javier Milei has softened his bellicose criticism of Brazil’s…

Affordable Allstars: 3 Stocks Under $10 That Can Double in 2024

investorplace.com Undervalued stocks representing companies with a healthy growth outlook and prized assets for value creation Low-price stocks are the favorite of retail investors. It’s…

7 Hypergrowth Stocks to Buy and Hold Forever

investorplace.com Hypergrowth stocks have endured a rough couple of years. While big tech names saw a comeback rally, smaller, high-growth companies struggling through growing pains didn’t…

Pause or paralysis? EU-Mercosur hitch stalls EU trade momentum

reuters.com Just a week after hailing approval of a trade agreement with New Zealand as a sign the European Union's free trade ambitions were back on track, a hitch in a planned…

NATO/West or Global Majority? Unipolar Destruction or Multipolar Development? The World Must Choose

nakedcapitalism.com Yves here. While there is a lot of merit in the latest discussion between Radhika Desai and Micheal Hudson on their favorite topic of mutlipolarity, I feel compelled to…

Madonna, Taylor Swift message goes viral

newsweek.com Whether they are a Swiftie or not, most music fans will know who Taylor Swift is. Whether it's due to her chart-topping songs or her The Eras Tour, which is breaking…

The Risks of Stablecoins: Exploring The Bitcoin-Dollar With Mark Goodwin

bitcoinmagazine.com Understanding Stablecoins Stablecoins are a type of cryptocurrency that aims to maintain a stable value by pegging it to another asset, such as a fiat currency, precious…

What Is A Bitcoiner?

bitcoinmagazine.com When bitcoin adoption reaches a global scale, it is likely there will no longer be bitcoin podcasts, bitcoin conferences or even, sorry to say this, a need for a Bitcoin…

Milei's Presidency: Implications For Argentina, El Salvador, And Bitcoin Adoption

bitcoinmagazine.com On November 19, 2023, Argentine voters elected Javier Gerardo Milei, an Austrian economist known for his candid and unconventional style, as their new president. He ran on a…

Argentina's Bitcoin Friendly Presidential Candidate Javier Milei WINS Election

bitcoinmagazine.com Late Sunday night, it was confirmed that Bitcoin friendly candidate Javier Milei officially won Argentina's presidential election, beating his opponent Sergio Massa by…

Latam Insights: Colombian President Meets Blockchain Experts, Brazil Passes 15% Tax for Foreign Crypto Investments

news.bitcoin.com Welcome to Latam Insights, a compendium of Latin America’s most relevant crypto and economic news during the last week. In this issue: the Colombian president met with a…

Taylor Swift Cheers for Travis Kelce at Chiefs-Packers Game in Green Bay

billboard.com Welcome to Green Bay. Taylor Swift headed to Wisconsin all bundled up in a red Stella McCartney overcoat to support Travis Kelce as the Kansas City Chiefs took on the Green…

Taylor Swift greets fans in Green Bay before Travis Kelce, Chiefs game

newsweek.com Taylor Swift's presence at any Kansas City Chiefs game is quickly becoming a massive event itself aside from any action on the field, and Sunday in Green Bay proved no…

Lamar Odom offers Travis Kelce advice on dating Taylor Swift

newsweek.com Former Los Angeles Lakers forward Lamar Odom has some advice for Kansas City Chiefs star Travis Kelce about his relationship with Taylor Swift. Odom knows quite a bit about…

The Yield Hunt Is Finally Back On for Buyers in Emerging Markets

finance.yahoo.com Across Wall Street, analysts and investors had cheered 2023 as the year of emerging markets, only to be burned by a relentless climb in US Treasury yields. Now, as the…

Web3 Watch: Binance seems likely to retain its sports partnerships despite DOJ actions

blockworks.co Soccer star Cristiano Ronaldo faces a class action lawsuit in Florida for his allegedly “deceptive and unlawful” promotion of Binance, which recently settled with the US…