内容摘要：On the downside, borrowing from your 401(k) plan short shrifts your retirement savings. Not only will you have less money working for you in the market, but having to pay the loan back with interest also means you’re less likely to be able to make new contributions.

On the downside, borrowing from your 401(k) plan short shrifts your retirement savings. Not only will you have less money working for you in the market, but having to pay the loan back with interest also means you’re less likely to be able to make new contributions.

Some 2.5 million people were eligible to vote in Sunday’s election, in which half of the 60 legislative seats were up for grabs. Turnout was far lower than usual, hovering around 53%.Widely seen as a power struggle between far-right Milei and center-right Macri, this local race reflected the shifts that hard-right factions have pulled off around the world, from

, squeezing the political center.“It turned into a crucial battle for the political leadership,” said Ignacio Labaqui, a senior analyst at research group Medley Global Advisors.The result cements Milei’s party as Argentina’s main alternative to the left-leaning Peronist movement championed by

, who governed for eight years after succeeding her husband in 2007. Under her watch, Argentina became notorious for itsand massive budget deficits.

“What this election yielded is that society understands we’re the best way to end Kirchnerism for good, which was nothing but a tragedy for Argentina,” Adorni said in his victory speech, referring to the political movement of former President Kirchner.

The win also strengthens Milei’s hand ahead of midterm elections in October, a high-stakes vote in which he hopes to expand his party’s tiny congressional minority to complete his economic and institutional overhaul of Argentina.Chinese leaders have

, saying there are “no political strings attached” to its investment. But China has pressured African governments to shun Taiwan or Tibet’s spiritual leader, the Dalai Lama, efforts that Neema says appear to be escalating. Last October,for visiting Taiwan.

Moves like these mirror efforts China has made against governments elsewhere in the past., for example, after the northern European country allowed Taiwan to open a trade office.