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Politics

Argentine peso loses 30 % needed after controls lifted

People walk past a bureau de change which shows U.S. currency value in Buenos Aires on Dec. 17, 2015. (Eitan Abramovich/AFP)

BUENOS AIRES, Argentina —?The Argentine peso lost Thirty percent of their value on Thursday following your new pro-business government scrapped the fx restrictions designed by its leftist predecessors.

At the close of trading within the first …

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Politics

Argentina’s Macri spars with Venezuela in first trip abroad

Argentina\’s President Mauricio Macri and Brazil\’s President Dilma Rousseff until the family photo from the 49th Summit of Presidents of Mercosur in Luque, Paraguay, on Dec. 21, 2015. (Miguel Rojo/AFP )

ASUNCIN, Paraguay C?Argentine President Mauricio Macri, as part of his first trip abroad since assuming office, inserted himself into a universal dispute by calling for …

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Politics

Mauricio Macri overcame privilege for being Argentina president

Argentina President Mauricio Macri, wearing the presidential sash and staff, poses during his inauguration along at the Casa Rosada government palace in Buenos Aires, on Dec. 10, 2015. (Juan Mabromata/AFP)

BUENOS AIRES, Argentina C?Argentina’s new President Mauricio Macri was dismissed by rivals being a spoiled elitist, but tapped frustration together with the sinking economy to place …

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Politics

Argentina central bank president quits stressed from Macri

People walk beyond daylight hours facade with the Central Bank of Argentina in downtown Buenos Aires, on Nov. 17, 2015. Metropolitan Police officers and judiciary officials conducted a raid within the Central Bank headquarters as an element of an investigation into the alleged sale of future dollars at a lower price compared to market by …