News about default

With new default looming, Argentina urges calm

Argentina admitted it may default on some of its debts but downplayed the consequences, just two days before time expires in negotiations with hedge funds demanding full payment on their bonds.
29 July 2014 16:16

Default fears fuel angst in shutdown Washington

The "unthinkable" threat of a US default weighed on Washington Monday, as a standoff over raising the government debt ceiling drowned out angst over a week-long government shutdown.
08 October 2013 13:36
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