Why Argentina's shock measures may be the best hope for its ailing economy

Why Argentina's shock measures may be the best hope for its ailing economy

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The painful economic steps that Argentina's new president, Javier Milei, announced this week sound draconian: Slashing the currency's value in half. Reducing aid to provincial governments. Suspending public works. Cutting subsidies for gas and electricity. Raising some taxes. Yet the South…

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