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The Independent UK
The Independent UK
National
Via AP news wire

Argentina's latest economy minister warns he is no magician

Copyright 2020 The Associated Press. All rights reserved

Argentina’s third economy minister in a month was sworn in Wednesday, and as his first order of business Sergio Massa sought to bring down sky-high expectations for his tackling of the country's economic troubles.

He made clear he would not announce profound measures that would immediately change the course of an economy that is suffering from galloping inflation, a shortage of Central Bank foreign currency reserves and a sharp depreciation of Argentina's peso.

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