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economic stimulus

No chicken, no cafes: Egyptians scrimp as prices leap

CAIRO (AP) — Money had already been tight as food and electricity bills climbed for weeks. So Ashraf Mahrous, a 45-year-old civil servant, warned his wife, “Black days are ahead,” when Egypt floated its pound and hiked fuel prices this month. Mahrous is now looking for a side job. Rising …

Indonesian president reshuffles Cabinet to boost economy

JAKARTA, Indonesia (AP) — Indonesia’s president announced a Cabinet reshuffle Wednesday, replacing key economic ministers with the aim of speeding up infrastructure spending to revive sputtering growth and stabilize the sliding rupiah. The Cabinet shake-up comes amid increasing public dissatisfaction with the lagging performance of Indonesia’s economy since Jokowi took …

Argentine leader’s new style isn’t fixing economy

BUENOS AIRES, Argentina (AP) — President Cristina Fernandez has tried to reinvent her image since her return from skull surgery. She’s put aside the all-black wardrobe she wore for three years mourning her late husband Nestor Kirchner, and reshuffled her Cabinet. This week, her economy minister announced a new stimulus …