Argentina scraps key economic law

ARGENTINA - Argentine senators have ditched a controversial law that has been putting off international lenders.

The International Monetary Fund (IMF) has made abolition of Argentina's so-called economic subversion law a condition for lending to the cash-strapped nation to restart.

The country urgently needs new money - as much as $9bn is sought - after its economy's four-year tailspin resulted in a default on $141bn of existing loans in December.

The 1974 law, which gives judges wide powers

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