Time to Talk, Seriously

Time to Talk, Seriously

Argentina

"There have been many twists and turns in the road since Argentina defaulted in December 2001. A decisive turning point came during the G-7 finance ministers meeting in Boca Raton, Florida last month. Irritation with Argentina had turned to anger. The ministers told Economy Minister Roberto Lavagna to begin negotiating properly with bondholders - whom the government had largely ignored for the last two years -or risk being cut off from further International Monetary Fund support. Kirchner says the poor come first. They told Lavagna to meet with Horst Köhler, the Fund's managing director, imme

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