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Argentinas new Treasury Minister acts fast to stabilize the beleaguered peso selling dollar reserves in a much welcomed move but can he solve the countrys underlying problems including its massive pile of debt. Also coming up its legal bills are mounting now german heavyweight buyer is selling its Animal Health unit to free up cash. And fasten your seat belts singapore is getting ready to launch a trial itself driving buses. This is your Business Report im stephen bears in berlin thanks for joining us argentina welcome to new Treasury Minister on tuesday and on the coons it wasted no time in dealing with the countrys fragile economy Argentinas Central Bank auction 112000000000. 00 u. S. Dollars from its reserves to stop the countrys peso from falling markets welcomed the move but more remains to be done. Its looking increasingly likely that the president ial palace in buenos aires will have a new resident in the near future although the current president Mary Snow Mccree has just appoi

Treasury ministerCo onOn tuesdayCentral bank12000000000 00 us dollars112000000000 00Mary snow mccreeBuenos airesBattle fernandezStock marketsKey bellwetherOctober 27thCrease governmentAusterity measures17000000000 00157000000000 00