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Buenos Aires :: Argentina | 22 hours ago

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Argentina will default in just a few days unless the country can find a way to satisfy creditors that are owed roughly $1.5 billion. The country's only remaining option appears to be negotiations -- and a compromise. If a deal is not reached, the

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Buenos Aires :: Argentina | 1 day ago

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There are few signs that, on July 30th, Argentina could default for the eighth time...The countdown started on June 16th, when the Supreme Court of the United States announced that it would not get involved in Argentina's battle with NML Capital, a

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Buenos Aires :: Argentina | 4 days ago

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Argentina asked a U.S. judge on Monday to put on hold an order requiring it to pay bondholders who did not participate in debt restructurings following the country's 2002 default, while it seeks a "global resolution." Ahead of a July 30 deadline to

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Kolkata :: India | 5 days ago

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In the Roman era, bankruptcy law was a species of criminal law and a bankrupt was regarded as a criminal and subjected to cruelty, public flogging, imprisonment or sold as a slave along with family. Bankruptcy codes evolved in medieval Europe to

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Buenos Aires :: Argentina | 9 days ago

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Win McNamee/Getty Images Argentina and its bankers have been barred from making payments to fulfil debt-restructuring agreements reached with the country's creditors, unless the 7% of creditors who rejected the agreements are paid in full a judgment

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Madrid :: Spain | 9 days ago

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With 70% of students borrowing less than $6,000, this may come as a surprise.  However, low graduation rates may explain why so many cannot repay these small amounts. Unfortunately, less debt does not equal fewer defaults, [...] Students who attend

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Buenos Aires :: Argentina | 10 days ago

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Argentina is running out of time to broker a deal with "holdout" bondholder investors and stave off another painful debt default, lobbyists acting for the New York hedge funds suing the country said in a media ad on Wednesday...Reuters on Tuesday

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Singapore :: Singapore | 18 days ago

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With its shares worth a fraction of the price of one of its oversized, decadent cupcakes, the chain has been booted from the Nasdaq Stock Market, triggering a default on its debt. What's next for the companywhether it intends to sell its assets or

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Buenos Aires :: Argentina | 21 days ago

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Jason Hammel earned another victory for the Chicago Cubs, and that part of his Friday afternoon was very satisfying. Months after the prairie began to shake, scientists still struggle to explain a surge in Kansas earthquakes that appears connected to

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Buenos Aires :: Argentina | 22 days ago

Credibility Credibility of 5

The United States on Thursday urged Argentina to negotiate a solution with holdout investors after a string of U.S. court decisions that have pushed the country to the brink of default. Argentina has until the end of July to settle with creditors who

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