Argentina defaults on bond payments as debt talks heat up
(WorldNews Argentina)

BUENOS AIRES — Argentina missed payments on around $500 million in already delayed bond coupons on Friday, creditors and a ratings agency said, marking the country’s ninth sovereign default amid ongoing restructuring talks with creditors. The default on three bonds came as negotiations to revamp around $65 billion in foreign debt revved up, with Economy Minister Martin Guzman saying talks were on a positive course despite an “importance distance” left to reach a deal. A source close to the talks and familiar with the government’s thinking separately told Reuters that the two sides were making substantial progress and that a comprehensive deal was possible in a...