Friday, July 25, 2014

Argentina is now very close to default - Jul. 25, 2014

The clock is ticking. 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 country could miss its next bond payment on July 30.


Argentina is now very close to default - Jul. 25, 2014

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