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Argentina blames US for debt default

Argentina blames US for debt default

Argentina has blamed the US for its debt default, calling the mediator in failed talks "incompetent". Cabinet Chief Jorge Capitanich said his country was considering opening proceedings at international tribunals in The Hague after it was declared to be in technical default. The announcement came just hours after last-minute talks in New York with a group of bond-holders failed. The bond-holders are demanding a full pay-out of $1.3bn (£766m). Argentina says the bond-holders are... Read more

Emmanuel Amoh - avatar Emmanuel Amoh 31 Jul 2014