Argentina Elects Pro-Business President; Big Change Expected

  • Mauricio Macri, mayor of Buenos Aires, promises rapid shifts
  • Plans to lift currency controls, cut taxes, deal with debtors

Argentina Chooses Economic Change in Macri Victory

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Argentina voted for deep change on Sunday, electing the center-right opposition leader Mauricio Macri to be president in an end to 12 years of leftist populism, setting the stage for economic liberalization, a warming of relations with the U.S. and political reverberations across Latin America.

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