Comment on Argentina to pay creditors, avoid US courts

Argentina to pay creditors, avoid US courts

BUENOS AIRES, Argentina (AP) — Argentina will make its next round of scheduled debt payments, the economy minister said Wednesday as he defended a new plan to pay creditors locally and avoid the jurisdiction of a U.S. court that forced the country into default last month. The economy minister sought to minimize the scope of the plan, saying it amounted to "a change of venue, not jurisdiction," but it could allow the country to emerge from default while complicating a bitter legal dispute with U.S.

 

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