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Argentine Congress Passes Deal to End Long-running Debt Standoff

Argentine lawmakers have approved a deal that would repay billions of dollars to the country's foreign creditors, ending a 15-year legal battle that had made the South American country a global financial pariah. The Senate approved the plan by a vote of 54-16 early Thursday morning after 14 hours of debate. The deal calls for Buenos Aires to pay nearly $5 billion to resolve claims made by a group of U.S.-based creditors that held billions of dollars in Argentine government bonds,...

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