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Argentina Names New Economy Minister as Inflation Crisis Mounts

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BUENOS AIRES—Argentine President Alberto Fernández appointed a little-known public servant as economic system minister as his administration was dealing with soaring inflation and a weakening forex, which threat resulting in social unrest.

Silvina Batakis, an economist aligned with the ruling Peronist coalition’s far-left faction, took over the federal government’s high financial submit on Monday, two days after the shock resignation of Martín Guzmán, a average aligned with the president.

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