Argentina is close to defaulting on its dollar-denominated debt. Again. It defaulted in 2001, in what was then the largest sovereign default in history (now surpassed by Greece). After a very interesting set of court …
Continue readingFelix Salmon
Reuters Stocks rallied for a second day on Thursday as Greece backed away from a proposed referendum that threatened its membership in the euro, which could destabilize global markets. News out of Europe has kept …
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