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Argentina on the brink of bond default

Economy minister in negotiations in New York

Redazione Ansa

(ANSA) - Buenos Aires, July 30 - Argentine's economy minister Axel Kicillof was in New York on Wednesday, in final negotiations aimed at avoiding a bond default.
    The meetings come after a United States judge ruled in favour of hedge fund investors who have demanded repayment of $1.3 billion.
    If a deal to avoid a default can't be reached it would mark the second such financial crisis for Argentina, which defaulted in 2001.
   

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