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  • *Tuesday's talks were first between hedge funds and Argentina. BUENOS AIRES/ NEW YORK, July 30- Argentina was in a race against time on Wednesday to cut a deal by the end of the day with holdout investors suing it and avert a default, as a surge in the country's bond prices fed optimism that an agreement was possible.

  • BUENOS AIRES, July 30- Argentina was in a race against time on Wednesday to cut a deal by the end of the day with holdout investors who are suing it and to avert its second debt default in a little over a decade. Here are some of Argentina's crises through history:.

  • Argentina heads into default as debt talks fail Wednesday, 30 Jul 2014 | 12:14 PM ET

    NEW YORK— Talks aimed at averting Argentina's second default in 13 years ended with bitter recriminations Wednesday as the South American country said it could not accept a deal with U.S. hedge fund creditors it dismisses as "vultures."

  • Argentine banks to offer to buy debt: Report Wednesday, 30 Jul 2014 | 11:35 AM ET
    Protesters, holding a mock vulture, rally against layoffs in front of the factory of U.S. automotive supplier Lear on the outskirts of Buenos Aires July 30, 2014. The protesters were also demonstrating against holdout investors locked in a legal battle with Argentina that could trigger a debt default by the country this week.

    Argentine banks are expected to offer to buy debt owned by holdout investors suing country in a bid to avert default, a banking executive said.

  • Argentina looks to avert default as deadline looms Wednesday, 30 Jul 2014 | 8:40 AM ET
    A man looks at a poster placed on an advertising board that reads "Yesterday, Braden or Peron - Today: Griesa or Cristina", in Buenos Aires July 29, 2014. Argentine debt negotiators held talks in New York on Tuesday with the U.S. mediator in the South American country's battle with holdout investors, in a last-ditch attempt to avert a default.

    Argentina faces a race against time on Wednesday as its deadline to strike a deal and avert a second default in 12 years approaches.

  • BUENOS AIRES, July 30- Argentina faced a race against on time on Wednesday to avert its second default in 12 years, needing either to cut a deal by the end of the day with "holdout" investors suing it or to win more time from a U.S. court to reach a settlement.

  • Argentina: What are the possible scenarios?     Wednesday, 30 Jul 2014 | 5:39 AM ET

    Nicholas Watson, Latin America analyst at Teneo Intelligence, says an Argentine default is the most likely scenario, but that and eleventh-hour deal could still be reached.

  • Time almost up for Argentina to avoid debt default Wednesday, 30 Jul 2014 | 1:15 AM ET

    BUENOS AIRES, July 30- Argentina faced a race against on time on Wednesday to avert its second default in 12 years, needing to either cut a deal by the end of the day with "holdout" investors suing it or win more time from a U.S. court to reach a settlement.

  • Mark Mobius, Executive Chairman of Templeton Emerging Markets Group, says investors' preferences for assets over cash may be the factor that's fueling a rally in Argentine stocks.

  • Argentina default: Will they or won't they?     Tuesday, 29 Jul 2014 | 7:17 PM ET

    Tim Seymour, CIO of Triogem Asset Management, explains why Argentina will likely enter a technical default.

  • NEW YORK/ BUENOS AIRES, July 29- Holders of Argentina's euro-denominated exchange bonds urged a U.S. judge on Tuesday to suspend a debt ruling in favor of holdout investors suing the country that risks toppling Latin America's No. 3 economy into default. Argentina has until the end of Wednesday to either fulfill a ruling by U.S.

  • Argentina rallies on possible relief     Tuesday, 29 Jul 2014 | 3:56 PM ET

    Argentina's stock market surges on optimism for avoiding default. CNBC's Kate Kelly reports the details.

  • ARGENTINA'S JUNE 30 DEBT PAYMENT STILL HELD BY BANK OF NEW YORK MELLON IN BUENOS AIRES- CENTRAL BANK SOURCE.

  • NEW YORK/ BUENOS AIRES, July 29- Argentine debt negotiators held talks in New York on Tuesday with the U.S. mediator in the South American country's battle with holdout investors, in a last-ditch attempt to avert a default.

  • Argentina fights with debt holdouts; default nears Tuesday, 29 Jul 2014 | 2:31 PM ET

    BUENOS AIRES, Argentina— Argentina risks financial default unless it reaches an agreement with a group of holdout bondholders by Wednesday. The swap, however, failed to resolve Argentina's troubles. Argentina's government lined up two more swaps in 2005 and 2010, offering existing creditors new bonds worth much less than the old ones.

  • Argentina on the edge of default     Tuesday, 29 Jul 2014 | 1:54 PM ET

    Argentina is refusing to negotiate with a small group of bond investors who are owed billions of dollars dating from debt they purchased from before the country's last default in 2001, with CNBC's Kate Kelly.

  • Argentina is out of legal options to avoid paying a court-ordered $1.33 billion, plus interest, to the holdout creditors who declined to restructure their bonds.

  • Argentina faces ‘shock’ if it defaults: Debt pro Tuesday, 29 Jul 2014 | 12:21 PM ET
    A young man passes by posters on a wall against the 'vulture funds' in Buenos Aires on June 18, 2014.

    Argentina could be back in the economic doldrums if it defaults on Wednesday, a key player in its 2010 debt restructuring told CNBC.

  • What happens to Argentina if it defaults (again) Tuesday, 29 Jul 2014 | 11:48 AM ET
    Argentine flags at the Plaza de Mayo, in Buenos Aires.

    The concepts of 'Logic will prevail' and 'Argentina' don't necessarily go together, says one portfolio manager.

  • Is Argentina on the brink of collapse?     Tuesday, 29 Jul 2014 | 11:35 AM ET

    Carlos Caicedo, principal analyst at IHS Country Risk, says that Argentina defaulting and then restructuring its debt a few months later could lead to capital flight, currency fluctuations and social unrest.