La Rioja Introduces Chachos: Local Currency to Offset Austerity
#Argentina #AusterityAn Argentine province, La Rioja, combats austerity measures by printing its own currency, chachos, amid President Milei's budget cuts. The bills, with limited use outside the province, aim to support public sector salaries and local economy, sparking debate on financial viability. read more
#IMF #Austerity
The United States and the IMF are responsible for imposing strict austerity measures on Kenya, leading to protests and government oppression. The US, as the main shareholder in the IMF, wields significant control over its programs, perpetuating neocolonial extraction in Kenya. read more