Argentinian Peso Plunges 30%, rush to safe havens Gold and Bitcoin

Argentina‘s peso currency plummeted before leveling off on Monday while stocks and bonds fell by a degree not seen in 18 years as voters signalled they could reject market-friendly President Mauricio Macri at an election in October and return the country to interventionist economics.   Gold prices rose to a record high of N$ (Argentinan Peso) 84,558 on Monday, as investors were spooked by the prospects of populist left-leaning Peronist administration in Buenos Aires, which favors greater state control of the economy and opposes a landmark trade deal with the…

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Fart pushes Speaker to suspend debate

A heated debate about market stalls was disrupted by a foul smell and furious finger-pointing at a Kenyan regional assembly on Wednesday, local reports say.   Honourable Speaker, one of us has polluted the air and I know who it is,” Julius Gaya reportedly told Homa Bay county assembly.     But the member he accused of farting is said to have replied: I am not the one. I cannot do such a thing in front of my colleagues.”   Hoping to clear the air, the assembly’s Speaker Edwin Kakach…

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