After defeating his political rival in Argentina’s presidential election, President-elect Alberto Fernández now faces another adversary and longtime nemesis of the nationalist Peronist movement: the International Monetary Fund.

Mr. Fernández, a veteran Peronist, on Sunday defeated pro-business President Mauricio Macri on a wave of discontent brought on by government austerity, economic stagnation and inflation running at 53%.

Mr….



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