Argentina's economy craters in the 2nd quarter as an economic crisis grips the country

pulse

September 19, 2018 9:31 PM

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 was hit by a severe drought that has weighed on exports.
The government is pursuing austerity measures to shore up public financing.

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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