Home-builder permits fall 1.8% in April to 1.35 million rate

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Argentina refinances billions of dollars of debt

Argentina’s central bank on Tuesday rolled over billions of dollar in short-term debt, providing President Mauricio Macri’s government with a shot of confidence after weeks of economic volatility. In a statement, the central bank said it refinanced all of the $26 billion of peso-denominated securities, known as Lebacs, that are set to expire this week, while auctioning off new debt worth another $200 million.

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