Kirchner May Heed IMF’s `Pathetic’ Advice, Pay Debt

Argentine President Nestor Kirchner who called the International Monetary Fund “pathetic” two years ago, may now follow the organization’s advice to repay holders of the nation’s defaulted bonds. Morgan Stanley Investment Management and Aberdeen Asset Management Plc are betting Kirchner may reach a settlement with the holders of $20 billion of the unpaid debt. They […]

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