Monday, July 28, 2014

Argentina in last-ditch effort to avert default

Argentina's government said Monday it will make another effort to reach a deal with US. creditors ahead of a looming deadline that risks sending the country into its second default in 13 years. Cabinet Chief Jorge Capitanich said that an Argentine delegation will travel to New York and meet a court-appointed mediator there on Tuesday, just a day ahead of the deadline.

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