Argentina's Fernandez unveils new cabinet, taps Martin Guzman for economic top job

Argentine President-elect Alberto Fernandez unveiled his cabinet on Friday evening, laying out his core team days before the center-left leader takes office where he faces a stalled economy, rising debt fears, and painful inflation. Fernandez named Martin Guzman as economy minister, who will need to help steer debt restructuring negotiations with international creditors and the International Monetary Fund over around $100 billion in sovereign debt.

Peronist Fernandez, who takes over from conservative leader Mauricio Macri, will be sworn into office on Dec. 10.