Sep 25, 2018

Argentina's central bank president resigns amid currency crisis

Photo: Agustin Marcarian/AFP via Getty Images

The president of Argentina's central bank, Luis Caputo, has resigned due to "personal reasons," the Financial Times reports.

Why it matters: Argentina is in the midst of a months-long currency crisis that has seen the peso lose 50% of its value against the dollar this year, and is currently negotiating an expedited $50 billion bailout package from the IMF. The resignation could undermine President Mauricio Macri's efforts to shore up investor confidence.

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Coronavirus "infodemic" threatens world's health institutions

Illustration: Aïda Amer/Axios

The spread of the novel coronavirus outbreak is being matched, or even outrun, by the spread on social media of both unintentional misinformation about it and vociferous campaigns of malicious disinformation, experts tell Axios.

Why it matters: The tide of bad information is undermining trust in governments, global health organizations, nonprofits and scientists — the very institutions that many believe are needed to organize a global response to what may be turning into a pandemic.

America's addiction treatment misses the mark

Illustration: Aïda Amer/Axios

Addiction treatment in the U.S. is critically necessary yet deeply flawed.

The big picture: Drug overdoses kill tens of thousands of Americans a year, but treatment is often inaccessible. The industry is also riddled with subpar care and, in some cases, fraud.

Go deeperArrow39 mins ago - Health

CDC issues travel warning as South Korea coronavirus cases near 1,000

Data: The Center for Systems Science and Engineering at Johns Hopkins, the CDC, and China's Health Ministry. Note: China numbers are for the mainland only and U.S. numbers include repatriated citizens.

The CDC warned travelers in an alert to avoid all nonessential travel to South Korea, as the number of confirmed cases of the novel coronavirus in the country rose to 977 on Tuesday morning.

The big picture: WHO has expressed concern about infections with no clear link to China. COVID-19 has killed at least 2,703 people and infected more than 80,000 others, mostly in mainland China.

Go deeperArrowUpdated 1 hour ago - Health