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From Buenos Aires to Colombo, discontent simmers under the surface of rebounding economies

  • Emerging economies have restored investor confidence and stabilized public finances, but many people say their living standards have not improved.
  • In Nigeria, Egypt, and Uzbekistan, reforms included removing fuel subsidies, privatizing state assets, and opening markets.
  • Verisk Maplecroft analyst Torbjorn Soltvedt said rising food, fuel, and energy costs are felt immediately and could lead to unrest and instability.
  • Morocco nearly doubled foreign investment last year, yet youth-led protests and attempted migration also occurred.
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Gustavo Raul Perez takes the lead in front of a notebook in the hardware store that he has managed for six years around Buenos Aires. Since Javier Milei took the presidency of Argentina in 2023 - with the vote of Perez - rapid reforms have excited investors and received praise from the International Monetary Fund (IMF). Perez, however, is who feels the most the impact. Inflation fell from almost 300% to about 33%, imports were liberalized and su…

·Rio de Janeiro, Brazil
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ReutersReuters
+6 Reposted by 6 other sources
Center

From Buenos Aires to Colombo, discontent simmers under the surface of rebounding economies

·London, United Kingdom
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Gustavo Raul Perez franze the forehead in front of a notebook in the hardware store that has been running for six years around Buenos Aires. Read more (10/23/2026)

·São Paulo, Brazil
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Since Javier Milei assumed the presidency of Argentina in 2023 -- with the vote of Perez -- rapid reforms have excited investors and received praise from the IMF

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Bias Distribution

  • 57% of the sources are Center
57% Center

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WTVB broke the news on Friday, October 23, 2026.
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