Argentina Slaps New Taxes on Concerts, Travel Before World Cup

The Argentine authorities is making use of new taxes on journey overseas forward of the World Cup, and on concert events by artists who cost in international foreign money, because it seeks to guard its low reserves and keep away from a devaluation.

The measures will turn out to be official Wednesday through authorities decrees, in keeping with senior authorities officers, who requested to not be named. They add to an present roster of policies– from capital controls to import restrictions — that purpose to guard the federal government’s international foreign money reserves and meet targets outlined in a $44 billion program with the Worldwide Financial Fund.

Within the case of international …