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Economy & Business - August 2022

ARGENTINA: Markets underwhelmed by new economy minister

Sergio Massa, a political heavyweight, and leader of one of the three main factions in the ruling centre-left coalition of President Alberto Fernández, was appointed ‘super minister’ of the economy on 28 July. Financial markets cautiously welcomed the change but remained sceptical about his ability to turn around Argentina’s crisis-ridden economy.

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