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Director / Editor: Victor Teboul, Ph.D.
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Argentina Seeks to Avoid 2nd Debt Default in 13 Years

Argentina says it will make another effort to reach a deal with a group of U.S. creditors to avoid a possible default on its debt, the second in 13 years. The Argentine government is sending a delegation to New York to meet Tuesday with a court-appointed mediator who is handling the dispute between Argentina and a group of New York hedge funds. Those hedge funds rejected Argentina's restructuring offers after its record $100 billion default in 2001, and are demanding payment in...


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