In Argentina, with its already high inflation rate of around 30 percent, the prices for food, energy, transport and technology have become significantly more expensive recently.
Philippine migrant workers send billions of dollars in remittances every year to support families back home. But they have been hard hit by rising inflation and a tumbling currency. Ana P. Santos reports from Manila.
The government of Argentina denied that it was facing economic failure after the peso fell for three straight days. Investors appear unconvinced that President Mauricio Macri can alleviate the country's economic woes.
Inflation has hit 25 percent, the Argentine peso has lost about 20 percent of its value against the US dollar, and the federal budget is in deficit. The government hopes the IMF loan will get the country back on track.
Germany's Social Democrats suggested the government in Berlin should use taxpayers' money to help Turkey. Reactions to that proposal have been negative here, and DW's Henrik Böhme says Turkey can only help itself.
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