Bloomberg

Judgment Day awaits for plan to avert Argentine economic crisis

Foto: AP Jorge Saenz

Argentine President Mauricio Macri has a tense night ahead of him waiting for U.S. markets to reopen Tuesday after the Labor Day holiday. That's when investors will give the thumbs up or down to his proposals to save the economy from crisis.

The government announced emergency measures Monday including new export taxes in an attempt to regain investor confidence after the peso tumbled 25 percent last month. Trading in the currency on Monday was too thin to judge if the plan was a success or not. That verdict will come Tuesday...

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