Glow of Victory Fades for Macri as Reforms Start to Bite

  • Macri facing increasing social unrest as inflation persists
  • Argentina’s president has had to backtrack on some reforms

Mariano Arruzzoli’s glass factory outside Argentina’s capital is at a breaking point. Sales fell by a quarter in May, and costs have soared since President Mauricio Macri took office in December and started overhauling the flailing economy.

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