The economic crisis in Argentina is deepening, with two out of five people living below the poverty line Argentina’s central bank on Thursday hiked the country’s benchmark interest rate for the sixth time this year, in yet another attempt to reign in soaring prices that have been weighing heavily on incomes, pushing millions below the poverty line. The rate was raised to 133% from 118%, shortly after September inflation data showed that consumer prices in the country spiked 12.7% month-on-month and 138% annually, which is the highest rate in three decades. According to a report by the National Institute for Statis
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