Posted AT 1:00 PM EST on 15/11/08
In Argentina, gloom over government controls
BUENOS AIRES — Government intervention in everything from Argentina's foreign exchange market and private pension funds to auto factories has heightened business uncertainty even more than the global financial crisis.
President Cristina Fernandez and her husband and predecessor Nestor Kirchner have long used price controls to try to fight high inflation, and businesses tolerated the measures as the economy boomed from 2003 to 2007.
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