Argentina seeking an out from debt showdown

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Agencies: Buenos Aires, Nov 17 2012, 12:55 IST

Al Gore in his unsuccessful U.S. Supreme Court fight over the 2000 presidential election.

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Argentina

BritBob | 17-Nov-2012Reply | Forward

The current Argentine government has numerous trade disputes running; is the World's top protectionist country and is regarded as a pariah state by some international money lenders. The country was given the 'yellow card' by the IMF for producing misleading statistics on growth and inflation. The Argentine government statistics office is still publishing inflation at 9% when other agencies have it running at 25%. The IMF is scheduled to revisit Argentina on 17th December according to Bloomberg Argentina's bond yields are eclipsing those of Greece and their is speculation that the country will opt to default rather than settle with its so called hold out creditors.