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Despite Pro-business Reforms, Argentina's Factory Owners Struggle

Since taking office in December, President Mauricio Macri has quickly ticked off a long-held wish-list of Argentina's manufacturers - lifting tough capital controls, easing import restrictions and freeing up access to dollars. But his policies have yet to lead to a recovery in manufacturing. Initial optimism over the new business-friendly government has met the tough realities of stubbornly high inflation, an economy stumbling towards recession and job losses. "We were selling...

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