Argentina turmoil sparks panic buying and price hikes

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by Sonia Avalos Agence France-Presse BUENOS AIRES, Argentina (AFP) — A political crisis in inflation-ravaged Argentina that was sparked by the economy minister’s resignation has spooked markets and generated fears resulting in panic buying and hasty price hikes, as the informal exchange rate soars. “Every day it’s like going out to hunt a lion,” Luis Sacco told AFP in front of his electronics store in the capital Buenos Aires. Since Monday, prices have risen dramatically […]