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The Latest Breaking News from Hyperinflation

Argentina Devalues Peso, Unveils Measures To Avoid 'Hyperinflation'

The government of President Javier Milei announced cuts to generous state subsidies and a halt to all new public construction projects.

Latin Times

Argentine Government To Unveil Measures To Avoid 'Hyperinflation'

President Javier Milei's new government will on Tuesday unveil a set of emergency measures to avoid "hyperinflation" that are expected to deliver a shock to the country's ailing economy.

International Business Times

Why Germany’s economic miracle is facing a new reality

In 1923, the country was rocked with hyperinflation, now the retreat from globalisation is exposing the fragility of its industrial model

The Guardian - UK

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Why hard-right libertarian Javier Milei wants to dollarise Argentina’s economy

Javier Milei, the "anarcho-capitalist" presidential candidate who took the lead in the August primaries with his "Liberty Advances" political coalition, owes much of his electoral success to his promise to dollarise the Argentine economy. Disoriented by hyperinflation and rising poverty, many Argentinians see the adoption of the US dollar as…

France 24

Zimbabwe’s new gold-backed digital currency: All you need to know

Zimbabwe’s gold-backed digital currency comes a year after it launched gold coins to stabilise its devaluing currency.

Al Jazeera

'Zero capacity to save': Argentines buckle as inflation tops 104%

Argentina's annual inflation rate soared to 104.3% in March, the official statistics agency said on Friday, one of the highest rates in the world, straining people's wallets and stoking a cost-of-living crisis that has pushed up poverty.

Reuters

IMF warns without reforms, Lebanon could see hyperinflation

The International Monetary Fund has given a grim assessment of Lebanon’s prospects for getting out of its deepening financial crisis

The Independent UK

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What Is Hyperinflation? Definition & Examples

What Is Hyperinflation?Hyperinflation is the rapid and untrollable acceleration of prices over a period. Economists tend to focus on a nation’s consumer prices rather than wholesale prices, and the typical measure of inflation is the consumer price index. Hyperinflation technically occurs when the ...

The Street

Vodafone warns on profits and seeks e1 billion in cost cuts

NICK Read’s bit to transform Vodafone into a simpler, more dynamic business took a hit today as it warned that in some parts of Europe hyperinflation is leading to soaring costs.

Evening Standard

Commentary: Why the inflation rate isn’t as bad as you think

Inflation is a hot-button issue, and its political fallout can be huge. Some think that the hyperinflation during Germany’s Weimar Republic in the 1920s — when, at a trillion to the dollar, the German mark literally was not worth the paper it was printed on — contributed to the rise…

Tribune News Service

In Argentina, where inflation is expected to hit 95 per cent by year's end, people mourn the 'death' of their wages

Amid political scandals, unrest and failed assassination attempts, hyperinflation in Argentina once hit 5,000 per cent. Now, with real wages plummeting, the country is lurching closer to familiar disaster.

ABC News

Inflation is spiking in Zimbabwe (again). Why high interest rates aren't the answer

The central bank of Zimbabwe has raised its benchmark rate from 80% to a fresh record of 200%. This increase comes as Russia’s invasion of Ukraine is driving global commodity prices higher, exacerbating inflation in many countries around the world, including Zimbabwe.

The Conversation

More means less for Zimbabweans battling hyperinflation

Harare (AFP) - With runaway inflation eating into incomes, staple foods have vanished from the tables of Zimbabweans like Emina Chishangwe, who lives in a poor dormitory town south of the capital Harare.

AFP

Zimbabwe unfreezes bank lending only days after policy change

Zimbabwe, which experienced 500 billion % hyperinflation in 2008, is experiencing another episode of high inflation.

Al Jazeera

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Al Jazeera

Dollar o’clock: Should Zimbabwe axe its faltering currency again?

The southern African state once adopted US dollars as legal tender when hyperinflation rendered its currency worthless.

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