Central Bank
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In Chile, even beloved hot dogs feel the economic squeeze
SANTIAGO, Chile | It is lunchtime in downtown Santiago, and dozens of businesses around the Plaza de Armas are serving up one of Chile’s most democratic specialties: the “completo.” For decades, the country’s version of the hot dog has been one of the most affordable foods enjoyed across social classes. But as the cost of […]
Iran’s rial currency hits new record low as US prepares to announce more sanctions
TEHRAN, Iran | Iran’s currency hit a record low Monday as Washington prepared to announce new sanctions it said would add further pressure on an economy already battered by previous sanctions and a U.S. naval blockade. The rial dropped to 2.02 million to the U.S. dollar as trading opened on currency markets. Iran’s official Central […]