Argentina to fight US court ruling on debt: minister
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MEXICO CITY – Argentina will use all legal means to defend its position against a U.S. court ruling that would force the country to repay creditors who sued to collect on defaulted Argentine bonds, Economy Minister Hernan Lorenzino said on Monday. Argentina staged the world's biggest sovereign debt default in 2002 during a deep economic crisis. About 93 percent of Argentine bondholders agreed to swap their defaulted debt for new issues in 2005 and 2010, but "holdout" creditors who rejected Read more [...]