Argentina’s ailing president faces tough midterm congressional election

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Citizens line up to vote in nationwide congressional elections outside a public school in Buenos AiresBy Hugh Bronstein BUENOS AIRES (Reuters) – Argentine President Cristina Fernandez is expected to lose some of her congressional clout in Sunday's midterm election as the ailing leader faces complaints over galloping consumer prices and a weakening currency. Re-elected in 2011 on promises of increasing state control of Latin America's No. 3 economy, Fernandez's political coattails have been trimmed by inflation, clocked by private economists at 25 percent, while heavy-handed currency controls and falling central bank reserves dent confidence. …

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