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International Monetary Fund Cuts Argentina Growth Projection to Low of 2.1 Percent
Buenos Aires, Wednesday, 14 October 2026.
The IMF downgraded Argentina’s 2026 growth forecast to 2.1 percent due to weak demand, while raising inflation projections to 32.5 percent despite expectations of a late-year recovery.
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Chinese Demand Slump Drives Down LVMH Fashion Sales in Third Quarter
Paris, Wednesday, 14 October 2026.
LVMH reported a 5% decline in third-quarter fashion and leather sales, driven by a double-digit drop in mainland China. Despite US spending gains, weakening Asian demand highlights broader headwinds for the luxury sector.