Government will allow Argentines purchase of dollars in proportion to their income and reduce tax on buying foreign currency.
By Daniel Cancel, Bloomberg|January 24, 2014 at 09:22 AM
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Argentina scrapped some of its currency controls a day after devaluing the peso as policy makers sought to stem a financial crisis and restore investor confidence by reversing measures that drove foreign reserves to a seven-year low.
Philadelphia-area political consultant Kenneth Smukler, who already faces charges related to allegedly paying off U.S. Rep. Bob Brady's opponent in the 2012 congressional primary to drop out of the race, is now being accused by federal authorities of making hundreds of thousands of dollars in illegal donations to a campaign in a different election and obstructing a Federal Election Commission investigation.