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Argentine Firms Hope for Better Business Climate After Election

Roberto Maceri is investing in machinery at his plastics plants ahead of Argentina's presidential election, betting on a stronger domestic economy and a more competitive exchange rate that may bring foreign markets back into play. Operations at Argentine companies like his have been hampered in recent years as the outgoing left-wing government restricted imports, raised the tax burden on businesses and the middle class, and maintained the peso artificially strong. Argentina's...

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