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              Stacks of 100 Argentine peso notes are displayed for a photograph in Buenos Aires. The U.S. Court of Appeals said Oct. 26 that Argentina can’t make payments on restructured sovereign debt while refusing to pay holders of its defaulted notes because doing so would discriminate against bondholders. Photographer: Diego Giudice/Bloomberg

Stacks of 100 Argentine peso notes are displayed for a photograph in Buenos Aires. The U.S. Court of Appeals said Oct. 26 that Argentina can’t make payments on restructured sovereign debt while refusing to pay holders of its defaulted notes because doing so would discriminate against bondholders. Photographer: Diego Giudice/Bloomberg

October 30, 2012
Article
Argentina’s Rating Cut to B- by S&P on U.S. Court Ruling
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