Argentina's creditors back $65 billion debt restructuring deal
Argentina has defused fears of a messy default after it gained backing from creditors, allowing it to exchange 99% of the bonds involved in a $65 billion restructuring, a deal that could set a precedent for future sovereign crises.
Argentina rejects creditors' 'impossible' counteroffer
A group comprising three of Argentina's biggest creditors has described a government proposal to restructure debt as "short of what the creditor groups can accept." The government said it has little room to maneuver.
As pandemic continues, Argentina faces bankruptcy again
Argentina's government is trying to negotiate a restructuring of debt with creditors as the country's finances dwindle. Officials have presented creditors with a vastly grimmer economic prognosis than they did in April.
Boca Juniors football fans celebrate Argentina Superleague win
Fans of the Boca Juniors football club celebrate in Buenos Aires after their team become champions of Argentina's 2020 Superleague Tournament
Late Messi penalty sees Argentina draw 2-2 with Uruguay
Lionel Messi netted a late penatly as Argentina salvaged a 2-2 draw against Uruguay in a friendly in Tel Aviv, Israel.
IMF won't be happy with Argentina under Fernandez, Eurasia Group's Bremmer says
Ian Bremmer, Eurasia Group president, discusses Alberto Fernandez and his running-mate Cristina Fernandez de Kirchner winning a first-round victory in Argentina's presidential vote and the recent unrest in Latin America with Bloomberg's David Westin on "Balance of Power."
Argentina stocks rebound after currency controls take effect
Argentina's spiraling peso rallied slightly after the country imposed capital controls. Despite government assurances, long lines formed outside banks with people worried about being able to withdraw their cash.
Argentina aims to restructure debt
Argentina is pushing creditors for more time to pay back its debts. The country is hemmed into a worsening crisis. President Macri laid out a series of desperate measures to try and lighten the country’s debt load. They will force investors into short-term notes, issued in the local market to accept longer maturities.