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  • 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.

  • Prison for fraudster who lied about booking Bieber Wednesday, 30 Jul 2014 | 3:56 AM ET

    NEW YORK— A New York man who stole millions of dollars from clients by falsely promising to book performances by world-famous recording artists like Rihanna, Lady Gaga and Justin Bieber has been sentenced to five to 10 years in prison. Manhattan District Attorney Cyrus Vance Jr. announced the sentencing of 39- year-old Meceo McEaddy on Tuesday.

  • 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.

  • NEW YORK/ BUENOS AIRES, July 29- Several hours of negotiations between Argentine officials and holdout investors ended without a resolution, Economy Minister Axel Kicillof said in New York on Tuesday, just a day before the nation faces a possible default. If a deal is not reached, Argentina faces another default on its sovereign obligations.

  • NEW YORK/ BUENOS AIRES, July 29- Several hours of negotiations between Argentine officials and holdout investors ended without a resolution, Economy Minister Axel Kicillof said in New York on Tuesday, just a day before the nation faces a possible default.

  • Argentina has until late Wednesday to either pay out or reach a deal with the hedge funds that are suing for full payment on their bonds to avert a second default in little over a decade in Latin America's No. 3 economy. "It's not just damage to Argentina. Regional heavyweight Brazil also backed Argentina.

  • NEW YORK/ BUENOS AIRES, July 29- Argentine Economy Minister Axel Kicillof unexpectedly arrived in New York on Tuesday to join last-minute debt negotiations with "holdout" investors in a bid to avert a default.

  • 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.

  • Argentina has until late Wednesday to either pay out or reach a deal with the hedge funds that are suing for full payment on their bonds to avert a second default in little over a decade in Latin America's No. 3 economy.

  • 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.

  • LIMA, July 29- Southern Copper Corp's net income fell 9.5 percent in the second quarter from the same period a year earlier because of rising costs, the global miner said in a statement on Tuesday.

  • LIMA, July 29- Southern Copper Corp's net income fell 9.5 percent to $337.3 million in the second quarter from the same period a year earlier on rising costs, the global miner said in a statement on Tuesday.

  • 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.

  • WASHINGTON, July 29- The U.S. Department of Agriculture has proposed a change in regulations that would relax restrictions on pork imports from certain areas of Mexico, potentially allowing for increased U.S. imports at a time of a supply shortage.

  • 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 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.

  • WASHINGTON, July 29- The U.S. Department of Agriculture has proposed a change in regulations that would relax restrictions on pork imports from certain areas of Mexico, potentially allowing for larger U.S. imports.

  • 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.