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Juan Diaz de Solis discovers Rio de Plata and claims it for Spain.
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The king of Spain declares neither goods or people can be traded to and from Peru.
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Four current day countries are organized by Spain and Buenos Aires is made capital.
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European immigrants are welcome in Argentina to populate the country.
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Brazil's economy heads downhill, influencing the economy of Argnetina to fall. Pesos are seen as overvalued. Banks begin to fail, crime is increased as well as unemployment rates.
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As of this date, slaves are freed.
