[QODLink]
Americas

Argentina in talks to avert debt default

President Kirchner calls American hedge funds vultures for profiting on her country's economic misery.

Last updated: 30 Jul 2014 19:28
Email Article
Print Article
Share article
Send Feedback

Argentina was in a race against time to cut a deal to avert a default by the end of Wednesday, after holdout investors sued it.

Argentina's President Cristina Fernandez de Kirchner earlier said the government would ignore a US court order to repay its debts.

The government has accused American hedge funds of being vultures for profiting on Argentina's economic misery.  

Al Jazeera's Daniel Schweimler reports from Buenos Aires.

67

Email Article
Print Article
Share article
Send Feedback
Topics in this article
People
Country
City
Organisation
Featured on Al Jazeera
An innovative rehabilitation programme offers Danish fighters in Syria an escape route and help without prosecution.
Street tension between radical Muslims and Holland's hard right rises, as Islamic State anxiety grows.
Take an immersive look at the challenges facing the war-torn country as US troops begin their withdrawal.
Ministers and MPs caught on camera sleeping through important speeches have sparked criticism that they are not working.
Featured
Spirits are high in Scotland's 'Whisky Capital of the World' with one distillery thirsty for independence.
President Poroshenko arrives in Washington on Thursday with money and military aid on his mind, analysts say.
Early players in private medicine often focused on volume over quality, turning many Chinese off for-profit care.
Al Jazeera asked people across Scotland what they think about the prospect of splitting from the United Kingdom.
Blogger critical of a lack of government transparency faces defamation lawsuit from Prime Minister Lee Hsien Loong.
join our mailing list