Argentina's lawmakers approve pensions increase

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ARGENTINA - Argentina's lower house approved an opposition-backed bill to boost the country's minimum monthly pension payments and link them to the minimum wage, a move the government said would bankrupt the current system.

Lawmakers passed the bill early today. The proposal raises pensions to 82% of the minimum wage, which was increased to 1,740 pesos ($443) starting in September and 1,840 pesos beginning in January,...

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