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Convent Scandal Buys Time for Macri to Revive Argentine Economy

Images of a former Argentine official in handcuffs after getting nabbed in the middle of the night trying to stash millions of dollars in a convent have thrown the country's political opposition into disarray, buying time for the new president to apply difficult austerity measures. Mauricio Macri took office in December promising to revive Latin America's No. 3 economy after years of free-spending populism under his predecessor, Cristina Fernandez. Food and home heating costs...

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