We won't sign debt deal that jeopardises our future, says Argentine minister

Talks aimed at averting Argentina’s second default in 13 years has ended with bitter recriminations as the South American country said it could not accept a deal with US hedge fund creditors it dismisses as “vultures”.

Court-appointed mediator Daniel Pollack said the failure triggered an imminent default that, among other things, would hurt the Argentine economy as well as bondholders who were not part of the dispute.