Argentina's default looms near

Note: This section contains information in English only.
Source: CNN Money
Argentina is looking to avoid a default on its bond payments as time is running out to meet creditors' demands. With a US judge ruling that the country has to pay its "holdout" creditors, who have demanded full payment before the restructured bondholders can be repaid, both parties still have not reached an agreement. A disagreement could lead to Argentina's first default since 2001.
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Fri, 25 Jul 2014 15:11:08 GMT

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