Argentina's Peso Crisis Goes From Bad to Worse

The transcript discusses Argentina's economic challenges, focusing on the government's plans to address the fiscal deficit. The Treasury minister announced upcoming plans and IMF involvement, but investors remain anxious due to a lack of details. Argentina's economic issues stem from past public spending and inflation pressures. The government is taking measures like freezing infrastructure projects and negotiating budgets, but faces political challenges. Investors are watching for fiscal strategies and budget cuts.

How has Argentina's previous administration contributed to the current fiscal issues?

What challenges does President Macri face in negotiating budget cuts with Congress?