President of Argentina dismisses S&P default decree

Note: This section contains information in English only.
Source: Bloomberg
Argentina's President Cristina Fernandez de Kirchner opposed the Standard & Poor's default announcement for Argentina, which could be its second one in 13 years. As the bond prices of Argentina plummeted Fernandez said that she's open to additional talks but paying the hedge funds would cause additional claims and destroy the country's economy.
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Fri, 01 Aug 2014 07:28:31 GMT

US shares tumble as July's gains are erased

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