Argentina struggles with high-sky inflation | Business| Economy and finance news from a German perspective | DW | 16.01.2019
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Business

Argentina struggles with high-sky inflation

Argentina's economy is at rock bottom. So far, President Mauricio Macri has failed to reduce the country's vast budget deficit and boost competitiveness. The increase in interest rates in the US saw many investors withdraw capital from emerging economies — another blow to Argentina. Although it's had financial aid from the IMF, inflation is still soaring.

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