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Threat of default in Kazakhstan assessed by analysts

Kazakhstani experts comment on Bank of American Merrill Lynch placing the Central Asian country among ten countries most vulnerable to a sovereign default.

Threat of default in Kazakhstan assessed by analysts
Eurozone refuses Greek bailout extension, more talks Wednesday

Eurozone finance ministers declined to extend Greece's bailout Tuesday hours before its expiry and a possible IMF default.

Eurozone refuses Greek bailout extension, more talks Wednesday
Argentina faces default as 'vulture fund' talks fail

Last-ditch talks between Argentina and the US hedge funds it has branded "vultures" failed to reach agreement Wednesday, effectively pushing the country into default.

Argentina faces default as 'vulture fund' talks fail
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.

With new default looming, Argentina urges calm
Argentina says won't make next bond payment in US

Argentina will not make a bond service payment due June 30 in New York as ordered by a US judge, the economy ministry said Wednesday, moving the country closer to default.

Argentina says won't make next bond payment in US
Argentine president says country will avoid debt default

President Cristina Kirchner said that there would be no default in payment of Argentina's restructured debt, after a US Supreme Court ruling piled pressure on the country's finances.

Argentine president says country will avoid debt default
'Pitiful' US infighting threatens world: Chinese media

Chinese state media hit out at US lawmakers Thursday, a week ahead of a potential US default, urging them to "stop manufacturing crises" that threaten the global economy.

'Pitiful' US infighting threatens world: Chinese media
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.

Default fears fuel angst in shutdown Washington

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