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Emerging MarketsEM LatAm

PBA takes one for the team as Argentina seeks speedy deal

Province of Buenos Aires, PBA, Argentina, cathedral, LatAm

Axel Kicillof, the governor of the Province of Buenos Aires, who has an antagonistic relationship with bond investors, was forced into a volte-face on forgoing a debt payment, as Argentina’s new government seeks to maintain a good rapport with markets ahead of restructuring negotiations.

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