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Argentina Primaries Point to Presidential Run-off Vote

Argentina's presidential election is likely to be battled out in a tight run-off vote after Sunday's party primaries indicated ruling party candidate Daniel Scioli would struggle to win outright in the first round. The prospect of a head-to-head between Scioli and his more business-friendly rival, Mauricio Macri, sent Argentine bond prices higher, with defaulted U.S. dollar discount bonds hitting a two-month high. Macri has promised to unravel swiftly outgoing President...

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