News Snapshot:
US dollar and Argentina peso pictured. Nora Mazzini Argentina's only way out of its debt trap is by adopting the US dollar as its currency, Steve Hanke said. "The only way out of ARG's debt trap = DOLLARIZATION," the top economist said in a tweet. His comments come as the country struggles with a collapsing currency, triple-digit inflation and a mountain of debt. Argentina's only way out of its deepening debt trap is adopting the dollar as its currency, top economist Steve Hanke said. The comments echo the views of the frontrunner in the South American nation's presidential election, Javier...
