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Argentina banks hope to avoid default

According to people familiar with the idea, members of Argentina’s banking association are working on a last-minute plan to help the country avoid default. Argentina needs to reach an agreement with the investors by today to prevent a default. http://online.wsj.com/articles/argentina-banks-preparing-bid-to-help-argentina-avoid-default-1406692665?mod=WSJ_hp_LEFTWhatsNewsCollection

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