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Stock impact report

Lula-Milei Clash Embodies the World's Competing Economic Views [Financial Post (Toronto, Ontario, Canada)]

AllianceBernstein Holding L.P. Units (AB) 
Last alliancebernstein holding l.p. units earnings: 4/28 06:20 am Check Earnings Report
Company Research Source: Financial Post
Author of the article: You can save this article by registering for free here . Or sign-in if you have an account. (Bloomberg) — There are few presidents in the world today with more radically different economic models than Argentina's Javier Milei and Brazil's Luiz Inacio Lula da Silva. Milei is desperate to gut public spending, sell off state-run companies and slash regulations. Lula, meanwhile, hounds his aides to ramp up spending, revitalize state companies to drive industrial policy and strengthen regulations to protect workers and the environment. Article content Article content That the two men lead neighboring countries — rival commodity powerhouses, long-time trade partners, allies and, of course, mortal enemies on the soccer field — makes the ideological clash all the more stark. Tensions have flared again and again. Milei has a habit of calling Lula a “communist.” Lula in turn sticks Milei in his bucket of “primitive” nationalists. Their top diplomats are then Show less Read more
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