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Clock Ticks as Argentina's Macri Asks Congress to OK Creditors Deal

Argentine President Mauricio Macri on Tuesday urged Congress to approve a landmark deal reached with creditors over defaulted debt, in order to comply with a U.S. court deadline and permit access to the financing needed to jumpstart Latin America's third largest economy. Macri, less than three months in office, is likely to cobble together the votes needed to implement the deal announced on Monday to pay $4.65 billion "holdout" hedge funds that rejected steep cuts in...

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