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Weekly Report - 21 April 2016 (WR-16-15)

ARGENTINA: Buy a bond, lose a job

President Mauricio Macri’s government has become a study in contrasts. This week Argentina became the darling of the international financial markets, floating the country’s largest ever bond-issue, which was four-times oversubscribed. Yet at the same time domestic opposition is beginning to harden with rising concern over the impact of both job losses and inflation.

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