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Thursday, 31 July 2014

Stocks fall in Argentina as country enters default

An activist holds a banner that reads in Spanish "Homeland or vultures, be strong Argentina" BUENOS AIRES, Argentina (AP) — Stocks fell sharply in Argentina on Thursday as the country defaulted on its bills for the second time in 13 years, raising fears the move could diminish foreign reserves, stoke inflation and drive the economy deeper into recession.








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