Argentina is on the brink of its second debt default since the turn of the century. Its officials meet with a US mediator later on Tuesday in the latest chapter of a decade-long debt battle with "vulture fund" bondholders who are demanding complete repayment from the Latin American country. Fears of an imminent default sent Argentina's debt insurance costs soaring on Tuesday. How did it come to this and what happens next? What happens this week? Argentina has until 30 July to either negotiate a settlement, default on its debt or repay so-called "holdout" investors who are suing the country for full repayment on ... (full story)