Argentina Plays Last Cards With NY Appellate Court

Argentina has filed its final written arguments in a court showdown with creditors in New York, suggesting the nation's economy would be ruined and a dangerous global precedent would be set if it loses its appeal. In briefs filed minutes before the appellate court's deadline, early Saturday Buenos Aires time, the South American government refused to cede any ground to a group of holdout creditors it calls "vulture funds." The briefs also said federal Judge Thomas Griesa's plan to force...Full Story
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