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Buenos Aires Subway Fares Surge 360% Amid Economic Crisis

Libertarian President Javier Milei's austerity measures lead to dramatic fare hikes, exacerbating Argentina's cost of living woes.

  • Subway fares in Buenos Aires increased from 125 pesos to 574 pesos overnight.
  • The fare hike is part of President Milei's broader austerity and deregulation campaign.
  • Argentina is grappling with hyperinflation at an annual rate of 289%.
  • This is the third fare increase for Buenos Aires public transport this year.
  • Commuters face deteriorating service despite paying higher costs.
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