Argentina's President elect Mauricio Macri waves to journalists after a press conference in Buenos Aires, Argentina, Monday, Nov. 23, 2015. (AP Photo/Ricardo Mazalan)
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Conservative challenger Mauricio Macri turned Argentine politics on its head Sunday, kicking the ruling leftist government out of power with a promise to liberalize the ailing economy and end a culture of divisive politics.The conservative Macri, who won a run-off presidential vote Sunday, inherits a fragile economy: slow growth driven by unsustainable spending, inflation soaring and capital controls have backfired to leave foreign reserves at nine-year lows.Macri took immediate aim at central bank President Alejandro Vanoli, calling on officials at the bank to step aside so that his government could nominate a team it trusted.Macri, the 56-year-old mayor of Buenos Aires, ended over a decade of ruling Peronist party rule in Sunday's election by promising to overturn the free-spending populism of outgoing President Cristina Fernandez.Macri plans to seek Venezuela's suspension from South America's Mercosur trade bloc because of accusations of rights abuses by President Nicolas Maduro's socialist government.
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