Javier Milei can barely contain his excitement. Since December, when the IMF’s last agreement with Argentina ran out, the country’s president has sought a fresh bail-out. Indeed, his efforts include an executive order to remove the need for Congress to approve the deal. On March 30th Argentina’s finance minister said that the government hoped for […]
Tin, an overlooked critical metal, is enjoying a boom
Prized and in short supply, its price is very volatile Source link
What a refugee camp reveals about economics
It is Malawi’s rainy season and smartly dressed worshippers are spilling out from church. Couples, arm-in-arm, dodge potholes as they progress down the street. The migration moves past clothes shops and bars, losing stragglers to afternoon drinking, until it meets a plane of dirt, where thousands await a football match. A thin film of dust […]
What is a promissory note in real estate, and why does it matter? #CashNews.co
Cash News If you’re buying a home, you should know there’s a mountain of paperwork involved. One of the many important forms you need to review and sign is the promissory note. The promissory note, essentially a borrower’s promise to repay a loan, makes your agreement with the mortgage lender legally binding. You can think […]
What America’s stockmarket plunge means
Farewell to 15 years of exceptionalism? Source link
How to get the most affordable car insurance for your teen driver #CashNews.co
Cash News There’s a reason car insurance rates are notoriously high for teen drivers. Teens aged 16 to 19 are almost three times more likely to be in a fatal car accident, according to the . Insurance carriers know this, which is why it typically costs more to insure a young driver. As your child […]
Financial markets flail in the face of America’s tariffs
On a grey afternoon outside the White House, President Donald Trump promised that his tariff plan would “Make America Wealthy Again”. The world’s financial markets took a different view. Investors were shocked by the height and breadth of the new tariffs. According to Evercore ISI, a research firm, the new levies will raise America’s effective […]
What they mean for the economy and your wallet #CashNews.co
Cash News A tariff is a tax on imported goods usually aimed at protecting local jobs and industries from foreign competition. The idea is that if foreign materials and products are more expensive, you’ll buy more domestic goods. Suppose, for example, that the U.S. government levied a new 10% tariff on cars imported from Japan. […]
How do you refinance your home loan to pay off debt — and should you? #CashNews.co
Cash News Little by little, you’ve amassed a substantial pile of debt. Now, you’re looking to reduce or, better yet, eliminate that burden. You might even wonder if you should refinance your mortgage to pay off debt. It’s a good thought — maybe the perfect solution. Paying off debt is the most common reason people […]
Will mortgage rates ever be 3% again? #CashNews.co
Cash News In 2021, the average 30-year mortgage rate fell below 3% — now it’s well over 6%. If you’re in the market for a mortgage loan, you may be wondering if you should wait until interest rates fall significantly before buying a house. When will mortgage rates finally drop back down near the 3% […]