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Argentina's Milei orders major deregulation of economy
Argentina's Milei orders major deregulation of economy
Economy
by  AFP

Argentina's new leader Javier Milei unveiled Wednesday a series of measures to deregulate the country's struggling economy, eliminating or changing more than 300 rules via presidential decree, including on rent and labor practices. Among the changes announced Wednesday are the elimination of a law regulating rent, as well as rules preventing the privatization of state enterprises.

Sony PlayStation 5 sales cross 50 million units
Sony PlayStation 5 sales cross 50 million units
Economy
by  AFP

Sales of Sony's PlayStation 5 have crossed 50 million units, the Japanese electronics giant said, pointing to "strong momentum" this year for its flagship gaming console. Still, the PS5 reached the 50-million-unit milestone in almost the same period as its predecessor, the PS4, with Sony saying its flagship console enjoyed "strong momentum" in 2023.

Ski prices rise but skiers keep coming, for now
Ski prices rise but skiers keep coming, for now
Economy
by  AFP

In the heart of the Austrian Alps, workers at the world's leading ski maker churn out pair after pair for international clients who are undeterred by the sport's snowballing costs. Austrian ski lift operators have also hiked prices this year, in line with other resorts throughout the Alps.