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    Default Fuels Uncertainty, Stock Drop In Argentina

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    Wochit Headline News

    by Wochit Headline News

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    Argentina's economy minister says he is willing to hold further talks with holdout investors whose claim for bond payments forced the South American country into its second default in 13 years. Economy Minister Axel Kicillof spoke after returning from failed talks in New York. A U.S. court has blocked Argentina from making interest payments to creditors until it settles with U.S. hedge funds who claim they are owed about $1.5 billion.