When you linking your Twitter Account Market Wire News Trending Stocks news and your Portfolio Stocks News will automatically tweet from your Twitter account.
Be alerted of any news about your stocks and see what other stocks are trending.
On 22 May, Argentina failed to make a USD503-million payment of delayed interest on three bonds on the expiry of their grace periods, entering a technical default. On 26 May, both Fitch and S&P Global Ratings moved Argentina to restricted default ratings. The government is restructuring USD66 billion of its sovereign debt with private creditors.
Technical default likely through June. Despite Argentina missing the payment, its Minister of Finance Martín Guzmán continues to negotiate with bondholders and has extended the deadline to reach an agreement until 2 June. Some progress is being made as both