Argentina in talks to avert debt default

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

    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.


    YOU MIGHT ALSO LIKE

    Can Muslim leaders alter Trump's Jerusalem decision?

    Can Muslim leaders alter Trump's Jerusalem decision?

    Turkish president calls Jerusalem a 'red line' as he hosts an Organisation of Islamic Cooperation summit in Istanbul.

    'Beaten' Palestinian boy in viral photo charged

    'Beaten' Palestinian boy in viral photo charged

    Fawzi al-Junaidi, 16, denies accusations of throwing stones and protesting, saying he was severely beaten by Israelis.

    Donald Trump: A president swallowed by history

    Donald Trump: A president swallowed by history

    The US has tried and failed to create a capital for another state before. "Israeli" Jerusalem will be the next Saigon.