Argentina plans debt swap with some creditors, seeking to sidestep US order on defaulted bonds

Argentina plans debt swap with some creditors, seeking to sidestep US order on defaulted bonds

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The transcript discusses Argentina's approach to managing its debt obligations. The government aims to honor commitments to creditors and bondholders by restructuring debt under Argentine law. The challenges include potential default if payments to vultures are made, leading to unsustainable financial demands. The Griesa ruling complicates the situation, pushing Argentina towards default. If Argentina refuses to pay, it risks international isolation and market exclusion. The government believes paying is essential to avoid these consequences.

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2 questions

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1.

OPEN ENDED QUESTION

3 mins • 1 pt

¿Qué significa que el 93% de los bonistas ha aceptado la quita?

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2.

OPEN ENDED QUESTION

3 mins • 1 pt

¿Por qué es importante que Argentina crezca para poder pagar a sus bonistas?

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