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Expert Analysis - Opinion

Countries Need Int'l Forum For Sovereign Debt Restructuring

By Mariano Cafiero (February 4, 2021, 5:03 PM EST) -- Argentina and its debt are a recurring theme in the global economic scene.[1] Over the past 60 years, the country has been under unending economic strain with eight separate defaults. The incumbent government was recently able to overhaul $65 billion in foreign debt by undertaking harsh negotiations[2] and reaching an accord with its creditors[3] to circumvent another default....

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