NEW YORK (AP) — A federal judge Tuesday ordered around-the-clock negotiations aimed at averting a second debt default by Argentina in 13 years, saying a default would hurt “real people.”
U.S. District Judge Thomas Griesa in Manhattan issued the order from the bench after describing why Argentina must live up to documented promises it made to bondholders it now demonizes as “vultures” before it experienced a record $100 billion default in 2001.
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