- Argentina was hit by a severe drought that has weighed on exports.
- The government is pursuing austerity measures to shore up public financing.
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Argentina's economy craters in the 2nd quarter as an economic crisis grips the country
Argentina's economy contracted sharply in the second quarter after a severe drought roiled agricultural production and as the country works with the International Monetary Fund to stem a spiraling economic crisis.
Argentina's economy contracted sharply in the second quarter after a severe drought roiled agricultural production and as the country works with thespiraling economic crisis
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