Argentina slipped into default status last night after failing to reach agreement with a group of unpaid bondholders. While the news was bad for Argentina and its economy, most analysts expected the global fallout to be limited, in part because Argentina has been locked out of the world’s credit markets since its $100 billion default in 2002.

Topics:  afa   orlando bloom   justin   bieber   argentina   default   limited   fallout   expected   news   

 

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