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U.S. judge calls Argentina debt row hearing amid contempt calls
The U.S. judge who barred Argentina from servicing its debt until it settled with investors demanding full payment on their bonds scheduled a new hearing on Thursday, after the country unveiled plans to sidestep his ruling that led it to default for the second time in a dozen years. Argentina missed a June interest payment after District Judge Thomas Griesa blocked a coupon payment owed to holders of debt issued under U.S. legislation that was restructured after the country's 2002 default on $100 billion in debt. President Cristina Fernandez, steadfast in her refusal to pay the hedge funds face value on their bonds, ... (full story)
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- Edited 12:45pm Aug 21, 2014 12:30pm | Edited 12:45pm
- traderathome
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- Mingary
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- Aussi
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IF,BUT,MAYBE,WHEN IT GETS TO, WAITING FOR