and hoping for argentinian help on the project so let's give you a bit more information about putin's counterparts and about argentina itself cristina fernandez de kirchner is the first elected female president in argentina the keyword there was elected because isabella martin is the pro and was president for two years in the one nine hundred seventy s. on this latin american to all the timid putin also stopped off in cuba that's where he had a symbolic meeting with former leader fidel castro an influential figure who helped castro to power shake of all rock born in argentina with relations between the usa and russia out there was since the end of the cold war it seems that the two nations i don't sing to a different shoot at the moment argentina is the host of time go and argentina are of course in sunday's world cup final here in rio against germany in the sport as a religion for fans in latin america but argentina's national sport isn't football it's a sport known as part of a mixed across people and so i will arrive in rio within the next twenty four hours or so ahead of the world

germans and argentinians were there to see the exciting final game. we'll have highlights in sports. >> an estimated 800 million people watched the world cup. if you weren't one of them you don't have to be clueless about the game when people talk about it at work, to. go to abc7news.com to see why the germans were able to pull off the win. >> a north bay man has completed a historic swim not done in nearly five decades. he swam 30 miles from the farallon islands the south tower of the golden gate bridge. took him 14 hours. sergio quintana talked to the man today about this amazing feat. reporter: there have only been a few people to even attempt this, and yesterday's marathon swim was only the second time someone has been able to successfully make from the farallon islands under the golden gate bridge. joseph locke made the swim 40 minutes faster then the first guy who successfully did it. this i video yesterday. he got in the water at midnight yesterday morning. he says this is the seventh time he has attempted this and he is not wearing a wet suit.

germans and argentinians were there to see the exciting final game. we'll have highlights in sports. >> an estimated 800 million people watched the world cup. if you weren't one of them you don't have to be clueless about the game when people talk about it at work, to. go to abc7news.com to see why the germans were able to pull off the win. >> a north bay man has completed a historic swim not done in nearly five decades. he swam 30 miles from the farallon islands the south tower of the golden gate bridge. took him 14 hours. sergio quintana talked to the man today about this amazing feat. reporter: there have only been a few people to even attempt this, and yesterday's marathon swim was only the second time someone has been able to successfully make from the farallon islands under the golden gate bridge. joseph locke made the swim 40 minutes faster then the first guy who successfully did it. this i video yesterday. he got in the water at midnight yesterday morning. he says this is the seventh time he has attempted this and he is not wearing a wet suit.

the argentinian government says it is not paying.it's one government decision that has almost unanimous support. >> there is deep-seated resentment against the argentinian government these days -- against the u.s. government in argentina these days. in 2002, born as iris first evolved on foreign debt repayments -- buenos aires first defaulted on foreign debt repayments. it took three years or negotiations with creditors to get underway. bondholders agreed to a 70% haircut, but if you refused and held out. new york billionaire paul singer is argentina's public enemy number one. he wants $600 million per bonds he picked up cheaply after the default for a mere $36 million. a u.s. court agreed when he demand did repayment -- demanded repayment. president cristina fernandez de kirchner uses. -- refuses. germany holds 37% of the bonds. japan, the netherlands, italy and spain also hold argentinian debt. the financial world is waiting to see who wins. >> moving onto some other news now, this summer europe has been commemorating a series of a

. >> argentinian football fans have been celebrating on the streets of sao paulo. we have a report on why the win made brazil's world cup might mare worse. . >> reporter: party time for argentinian fans. chanting, singing, pandemonium outside the stadium. >> translation: i am super happy, a message for all argentinian people. we deserve the happiness, we deserve to be champions. they waited a long time to get to the point. argentinian fans ecstatic, going to the world cup fine for the first time since 1990. for the dutch it was close. if there was consolation, it was this. it was not seven to one. for brazilians. if things could not get worse, they did. most of the fans were subdued. the brazilians sat. the major city wanted to see the arch rival lose. hours before kick-off outside the stadium. it was on full display. brazilians dressing in orange, hoping the support would haul them to victory. >> translation: we are against argentina. holland will win today. >> these argentines counting one to seven, mocking brazil for their embarrassing lose 24 hours before. >> t

will soon stop broadcasting on argentinian t.v. in spanish. the agreement will expand the cooperation between russian and argentinian t.v. channels we're grateful for the opportunity for russia's r.t. spanish channel to broadcast in argentina and everybody here will be able to really access the network for the first time. while the president also went on to say that russia hoping to build their own global positioning satellites and they are expecting argentinian and hoping for argentinian help on the project so let's give you a bit more information about counterparts about argentina itself. cristina fernandez the cut is the first elected female president in argentina the keyword there was elected because isabella martin is the pro and was president for two years in the one nine hundred seventy s. on this latin american told about amir putin also stopped off in cuba that's where he had a symbolic meeting with former leader fidel castro an influential figure who helped castro to power shake of all born in argentina with relations between the usa

coming up, the latest on the argentinian debt. we will have a news conference. have the for you when "taking stock" returns. ♪ >> this is "taking stock." i'm cory johnson filling in for pimm fox. have you ever been to one of those parties the booze runs out? there is a smartphone app offering alcohol delivered to your door in as little as 20 minutes. it announced it is expanding its delivery to denver. we are joined by the ceo nick rellas. nice to meet you. i really wanted this service when i was 17. i imagine you don't deliver to >> absolutely not. you download the app and the order will be sent to your local store. a delivered to you in 20-40 minutes. >> where are you? >> boston, new york, chicago los angeles, and denver. >> why those areas? >> because of the population. denver has been interesting. a great culture. it works. for us, it's about finding the right be tell partner. >> take a city like los angeles and you've got a lot more stores than you do in a city like denver. once we find the right partners, then there will be more in the city. >> there is a

the two pilots in the jets not noticed the argentinian jets crossing the room why it might have been that the utah jazz had come down straightened towards. that argentinean jet. for centuries british workers have been at the coal face of the consuls economic success but these days everyone from the lords popstars to celebrity chefs say their continent have grown lazy so how fair is that claim listen polly boy that's a fine that. the great british work force one that gave birth to an industrial revolution helped build an empire and brought the world the railways the telephone the jet engine and the t.v. brits may insist they still work their fingers to the bone but that actually found to be less productive than in countries like the us germany and even those old rivals france and the former conservative deputy prime minister lord has all time says he knows why but the veteran heavyweights brits don't get up early enough they aren't ambitious enough and they simply don't work hard enough tough as it was to steel myself from an afternoon down the pop i bucked myself up to ask the succes

this instance but possibly could have being because the two pilots in the jets not noticed the argentinian jets crossing the room why it's a. difficult moment it might have been the jet come down straight towards. so. disaster averted but could equally have been a very risky time indeed so this incident is actually not at all different form of the worst ever aviation disaster after two jumbos hitting each other on the runway and that was. nine hundred seventy seven and that was blamed on the faults all of the captains is that all was the pilots responsibility or can ground control be at fault as well. well ground control can quite clearly be at fault because both of these airplanes were under traffic control instruction at the time so the jets landing would have been listening to the. traffic controller giving him instruction and the argentinean jets will probably have been listening to ground control giving him instructions on what to do and quite frankly the aircraft on the ground to the argentinian jet should have been given instruction to hold short of the runway until such time that t

try telling that to the argentinians.hese are the celebrations in the center of buenos aires following victory against the netherlands in the semifinals. that's right, the semifinal. if arnal should win the -- argentina should win the first world cup since 1986, this should look like a picnic in comparison. confidence is high. >> an emotional happy, hoping that we would emerge as champion after so many years. >> we have great expectation that we are going to beat the germans, have a big friend, huge - big friend living there in germany. it's for us. we'll beat you. >> the argentinian fans have had a tense, nervous passage to the time. >> this map was one of tens of thousands travelling to brazil. >> we have a strong side. and we have messi, which is to me and many the best player in the world. the germans have a solid team. it wouldn't be the first time that we are the under dolling and come out -- underdog and come out winners. >>> the passion for football is it the most fer vent in the world. it is bound as workers intr

argentinian fighter lorenzo will face a youa guyan. seen here in the dark shirts booked their place with a 5-1 win. the argentinian side 4-0 up following the first leg. bolivar needed a small miracle to go through. they won the match 1-0. it was not enough to overturn. lorenzo through to the time, the first leg on 6 august. liverpool beat english premier league champions manchester city on penalties in a pre-season friendly. stefan but the sky blues ahead in the second half of the international champion cup game. liverpool equalized through jordan ender son. the match sent to penalty, they missed three of the four spot kicks. they scored and won. >> it's really the physical fitness of the players, and reintroducing the tactical element of the game. overall, i thought the press were excellent. we could have scored three more. two hearts, three outstanding. obviously then is goes to penalties and composure, to finish the penalties much on a great game everton completed the signing. a club record $47 million. the belgium international joi

they have more faith in bitcoin then they do the argentinian peso. is the potential another alternative currency to replace the coin in the future? >> i think bitcoin is the leader there and will be for a long time to come. if people are trading and buying things on bitcoin, it's going to be harder for another currency to come up. >> i was speaking with reid hoffman who said bitcoin is the number one trend on his mind lately. so he is thinking about it, you havehinking about, but you to surely business leaders across the country -- for the people who are not on the bitcoin and wagon yet, what is the biggest agitation -- you guessed hesitation? >> i think they have to try it. go and buy a bitcoin. once you have a bitcoin, try to spend it. you do snap card for that. , and they say this is in bad and it's actually more efficient than using a credit or any currency tied to any government. and is a very exciting time coming technology i see up that has an amazing future to it. i'm very interested in financial technology, new financial technologies, becaus

maybe argentinians enjoy it. >> maybe a little sarcasm will heal brazil's bones?r] our survey says when it comes to winning brazil's hearts, it is 5-0 four germany. >> [laughter] result will be playing for pride on -- brazil will be laying for pride on saturday. can the fans reunite for that match? we put that question to our correspondent in rio. >> i would not go that far. i think the atmosphere is really very a subdued. there was a lot of emotion and anger and outrage poured out by people in the immediate aftermath of that semifinal defeat to germany. now they have calmed down, gone back to everyday life, and really, they have really -- they are not that excited about the match tomorrow. it has been raining as well for the past 24 hours. it feels very, very dull and gray here. everyone has taken off their yellow and green t-shirts. everyone in the bars and restaurants are back in their normal uniforms. the world cup hearty atmosphere is very -- hearty atmosphere is very much over. that is unfortunate. brazil do have to play tomorrow. it would be nice if the fan

third scenario, the argentinian government does not pay anything. the president plays for time.he is only required to do with the creditors equally until the end of the year. then she can come to separate agreements with the hedge funds and the more forgiving creditors. fourth scenario, argentina settles everything up. this is highly unlikely. argentina does not have the money, and would have to borrow too much to do so. >> onto india now, where officials say at least 17 people have died after torrential rains in a remote village. rescuers fear the death toll could reach 150. dozens of houses were buried in the disaster. >> monsoon rains are hampering rescue efforts. in addition, the village is in a remote valley and also difficult to reach. >> here in europe in the east, flooding has killed at least three people in romania and bulgaria. four others are missing. >> the romanian environment authorities said rivers are at levels seen every 200 years. hundreds of aged -- villagers have fled their homes. >> the water has swept away houses. many people have lost everything. the roman

>> the best thing ever in the whole wide world. >> he hope so to win. >> i don't know. >> for argentinians the weight of the loss left and crumpled and crying, but their loyalty stayed strong. >> we still have better soccer. >> fans from both sides entered the day anxiety. >> put this in context for americans. was this the super bowl and the world series wrapped up into one? >> exactly. probably also your personal birthday and the birth of your child, just everything in one. >> grad what student says the sport taps into germany's soul. >> everything else is analytical. this where is we get -- >> throughout the match, blue and white jerseys watching the screen rallied around the beat of the drum and tried to sing argentina to victory. it was not enough. germany will add another star to its collection of world cup victories. expect celebrations around the world. >> party! let's go and drink a beer. >> they asked for leniency at work tomorrow. in san francisco, tiffany wilson, abc7 news. >> fans flocked to st. james park in san jose to watch the match. hundreds of people caught the game on a

a message to all argentinian people, we deserve this." the south american nation waited a long time to get to this point. fans ecstatic. they'll go back to the world cup final for the first time since 1990. for the dutch, it was so close. but if there was any consolation, it was this - at least it wasn't 7-1. for brazilians, if things could not get worse, they did. most of the fans pouring out the stadium were subdued. the dutch, for obvious reasons, but the brazilians because they wanted to see the arch rival from argentina lose. before kick-off, the rivalry was on display. brazilians, some dressing in orange, hoping the support would wield holland to victory. >> translation: we are against argentina, holland will win today. >> reporter: these argentines counting one to seven, mocking brazle for an embarrassing -- brazil for an embarrassing loss 24 hours before. >> do you have doubt that argentina will bin. it's the only team with the support of the pope. i have to doubt we'll be champions. >> after the game it was obvious argentina is o

for days leading into the game, argentinian fans were so optimistic. the blue and white just couldn't stop singing. but the that these teams made the final is mo surprise. they're soccer powers. one surprise was the performance of team usa. their own coach downplayed their performance at first. the undisputed u.s. superstar was tim howard. his 16 saves, breaking a world cup record, an instant internet hero. here taking over mt. rushmore. saving the dinosaurs. even stopping the shark from jaws. >> that's what i signed up to do, stick my face in front of balls. i couldn't have been prouder of this team. >> reporter: clint dempsey scoring the fastest goal of the world cup against ghana. just 3seco2 seconds in. >> incredibly, within seconds! >> reporter: sending the message that team usa was here to play. america had the largest contingent of fans from anywhere else in the world. they bought more tickets to matches than any other nation except the host country. the record-setting ratings at homemade the team's strong showing here that much sweeter. this is

we'll get the argentinian perspective. daniel, does it get any better for the argentinian fans?f they could beat brazil in that final. >> there are tens of thousands of people behind me. several screens. people here are incredibly excited and keyed up for this final. we're seeing a gradual progression and emotion and i think the argentinians feel they've reached the peak. they're very excited. >> the lost decade has been one of frustration. lots of players show the under company world cup. messi was a top scorer in that competition. is there a feeling now that they have shown so much problem tha. >> there was a great of frustration i think, they had a great team in 2006. they fell against the germans in 2010. a great frustration in that one. it seems to be the team that puts an end to the opens and ambitions. an important game was 1986 world cup final. >> thank you much for that. we'll go to berlin where nick spicer, our correspondent, is joining us in the german capitol. the quiet confidence, has the 7-1 win changing everything? >> reporter: i think the german team has tried to

for days leading into this game, argentinian fans were so optimistic.hose in the blue and white just couldn't stop singing. but these teams making the final is no surprise. they're soccer powers. but one surprise was the performance of team usa in this tournament. their own coach even down played expectations at first, but gritty play and great moments got the team into the second round. the undisputed u.s. superstar was tim howard. his 16 saves breaking a world cup record an instant internet hero. here taking over mt. rushmore, saving the dinosaurs, even stopping the shark from jaws. >> that's what i signed up to do, you know, stick my face in front of balls and get in the way. that's my job. i couldn't be prouder of this team. >> reporter: and who could forget the shock and draw match when portugal scored in the very last seconds to tie it. >> and it is an equalizer! >> reporter: team usa set the tone early on in this tournament. clint dempsey scoring the fastest goal of the world cup against ghana. just 32 seconds in. >> incredibly within seconds! >>

cup final that's meant trying to trash way no salaries here's how the argentinian top of the looked after the final whistle smash windows wrecked cars dozens of people injured and mass arrests riot police deployed water cannons and tear gas to disperse crowds of angry and upset fans. germans got fired up too in a different way though as you might expect here is the look from berlin after what's been a miserable rising week of football for them culminating in their team becoming world champions after a tight win over argentine. take a look now at some other stories making global headlines car bomb explosions in mainly shiite neighborhoods in baghdad have killed at least seven people the deadliest attack struck the so-called green zone where many government offices and foreign embassies are located largest attack on the capital in recent weeks as iraq does deeper into chaos following the deadly islamist uprising. and unprecedented operation underway to refloat the coast it can corti a cruise liner that sank off the italian coast of leo in twenty two and thirty two people it's an envir

video agency ruptly shattered glass right cars wounded police that's how argentinian fans reacted to their country's team losing to germany in the world cup . and some pictures of triumph in berlin that could be confused with outrage though fireworks did light up that i sky there. pardon me is germany celebrating becoming a world champion. next state bracing itself for the global football showdown in russia brazil's hands over title the world cup host to the country where the construction spree is going on for throttle toward twenty eight teams tournament argues neil harvey. twenty eight hundred fifty five both ladies and gentlemen to be organized. i can see thousand and ten it was smiles as russia defied deals to be nine toasted the twenty eight world cup. victory came last thanks to a slick promotional video which pledged to develop football among the country's new . with another big selling point was russia's ambitious plan to build several new stadia which will keep games could be plate of food we use on how exactly is not looking good the two stadiums to be used for under constr

last month that seemed to mean trashing one is or is to look at these pictures this is how the argentinian capital looked after the final whistle smashed windows wrecked cars dozens of people injured mass arrests riot police deployed water cannons tear gas and some stages to try to disperse the crowds of angry and very upset fans and so close it was to wasn't the germans got fired up too but in a different way as you might expect i would want to be in that car but they are a burly enough to what's been a mesmerizing week of football for them culminating of course in the team becoming world champions after an extremely tight win over argentina in extra time. but while germany celebrates his footballing success it's the ad men who are the real winners it seems i had a social media over across he was in the studio earlier on to explain how big brands also scored goals at the world cup to a facebook record eighty eight million people two hundred eighty eight million interactions and germany won but so did silicon valley social media has put the ball firmly at the u.s. feet and here's how luis

alliance the boeing from russian airline to terra pulled up at the last minutes employed in the argentinian air boss spanish flight controllers insists that c. would not have lied but aviation expert chris kate told us the ground control while struggling. with ground control can quite clearly bit because both of these airplanes were on traffic control instruction at the time so the jets landing would have been listening to the. traffic controller giving him instruction . the argentinean jets would probably have been listening to ground control giving him instructions on what to do and quite frankly the takeoff on the ground and to me in church should have been given instruction to hold church of the runway the two pilots in the jets not noticed the argentinian jets crossing the room why it might have been that the jet come down straight. into i mean. well centuries british workers have been at the coal face of the carcasses economic success but these days everyone from lourdes popstars and celebrity chefs say their countrymen have grown lazy so how fair is that claim only boycott found out.

by the defeat in the world cup final that meant trying to trash when those areas here's how the argentinian capital looked after the final whistle smash windows right cars dozens of people injured in mass arrests riot police deployed water cannons and tear gas to disperse crowds of angry and upset fans germans getting fired up to wooden in different ways you might expect here they are in berlin after what's been a miserable rising week of football culminating in the team of the world champions after a tight win over argentina germany celebrates its football success it's the men who are the real winners the head of our social media ever cried explains how big brands also scored goals of the world cup a facebook record eighty eight million people two hundred eighty eight million interactions and germany won but so did silicon valley social media has put the ball firmly at the u.s. man's feet and here's how luis suarez inspired one the key is that team usa now ranks with monday night football for u.s. eyeballs this has allowed social media platforms to kick on in brazil here's what the final l

. >>> it isn't exactly a household name, but in the world of polo the argentinian is regarded as a true ledged. matt talked to the player who set a standard few others can match. >> he looks like any other polo player in spain, but he's not. he's a phenomenon. the undespited greatest to have ever played the game. other polo players admit to watching rather than tackling him on the field of play. there's a mystique and aura about him. he's more than just a line of messi with polo, and he's a breeder and trainer and some say he can even talk to horses. >> that's not true. i tried to get the best horses we can. for the racing for formula one, you need a good car to compete. in polo it's the same. if you have a good driver, you need a good car. if you're a good polo player you need a good horse. >> it's not unusual for fans to hang on his every word because he doesn't speak often. he shuns media attention and rarely gives interviews. >> the famous part i prefer not to be. i like to play my game, and i'm happy with what i am. >> ranked number one, he's won every major trophy the sport has to

the final of the football world cup a spark mayhem in the argentinian capital these are the pictures from buenos aires filmed by video agency rough play shattered glass wrecked cars and injured place that's how argentinian fans reacted to their country's team losing to germany in the world cup final and some pictures of triumph in berlin could be confused with outrage about fireworks did light up the night sky there is germany celebrating becoming world champions with more on the match that stirred all the emotions is posco. well germany are the football world champions and securing the title like become the first european nation to win the fee for world cup on south american soil it was a close edgy affair against argentina and extra time was needed to separate the two sides but in the end a cool composed finish for mario was enough to win it for germany now inside the famous american our stadium behind me there were eighty thousand spectators including german chancellor angela merkel and although the argentina supporters far outnumbered the german counterparts it's those fans who h

in to land at a boeing from russian airline new terror holds up the last minutes of voting the argentinian or a bus spanish flight controllers insists the two would not have collided but aviation expert christie aides told us the growing control where the plane. were in control can quite clearly be at fault because both of these had appliance around traffic control instruction at the time so the jets landing would have been listening to the. traffic controller giving him instruction the argentinean jets would probably have been listening to ground control giving him instructions on what to do and quite frankly the crowd on the ground to the argentinian jet should have been given instruction to hold short of the runway the two pilots in the jets and not noticed the continuing jets crossing the runway it might have been that the utah jets would come down straight in. and out and to me in chat. for centuries british workers have been up the coal face of the country's economic success but these days everyone from lords popstars to celebrity chefs even say their country folk have grown lazy but

if you're watching us about fifty minutes ago you'll be aware therefore that let him approach an argentinian president speaking to the media within the past hour and of the russian leaders in one is ours as part of his week long tour of latin america also in south america's artie's pool scott is following that visit for a sign of the poll my sissy looks very pleasant it was a really pleasant meeting as well we covered part of it. yes well our own routes to other world cup final here in rio the russian president vladimir putin has stopped off in argentina where he had a meeting with the country's president cristina fernandez. they discussed the strengthening of political and economic ties and they also signed a number of agreements such as legal treaties including the exchange of prisoners and there is an agreement for peaceful nuclear cooperation and putin also says that he will soon be broadcasting in spanish on argentinian t.v. now russia are also hoping to build their own global positioning satellites and one of the discussions between the two presidents was argentinean to help for the pr

argentina loses the entire value of the argentinian peso every three or four years due to inflation.e solving that. there is a project in africa that is doing the same kind of thing. in mexico, there is one called coin cove. a lot of interesting companies that are really trying to transform the emerging economies. >> you mentioned that one company -- but do we need more big companies like amazon, like starbucks to start accepting bitcoins to enable it to survive as a currency? >> actually, in effect through snap card, you can go to amazon and buy things. it is already happening. and, there are many companies that are making it a great press announcement. i've noticed a few since i have hit the bid that have decided they're going to also accept the bitcoin. it is happening. it is a new ecosystem and it is very powerful that is not tied to the whims of a government. if you are not comfortable with your government, bitcoin is a great hedge. in fact, i think any institutional investor needs to hold some bitcoin because it is a possibility that this becomes the main currency of the world.

. >> what about the views from argentinians about their government in light of this afault will stopthere's bit of a split based on my conversations over the last couple of days. there are people who support the government and polls have shown some of the things we have been hearing about the hedge fund in new york has helped the president's poll ratings. it's just a lot of rhetoric and even the trip from the economic minister last night was a bit of political theater. we have the chief of the cabinet describing the judge who made this ruling as one acting on behalf of these funds. some people say it's anti-rhetoric and some seem to think she's following it. >> we have to acknowledge the noise in the background. what is going on behind you? >> once a week, there's a protest basically talking about the disappeared under the military junta. that's going on this afternoon and is right about to start. >> thank you very much. beenf our reporters has covering the argentine debt story and joins me in the studio. why did argentina missed the deadline? >> a cousin were not able to figure out

argentina loses the entire value of an argentinian peso every three or four years. to inflation. company is solvent of that and another in africa that is doing the same kind of thing. in mexico,, a lot of interesting companies that are really trying emergingorm the economies. we need it -- you mention one company, but do we need a more big companies like amazon, like starbucks to accept a bitcoins to enable it to survive as a currency? , through snapt card, you can go to amazon and buy things through amazon. it is already happening. there are many companies making it -- make it a press announcement, i have a notice of three or four since i hit the have decided they will also accept bitcoin. it is happening. it is a new ecosystem and very powerfully system that is not tied to the whims of a government. if you are not comfortable with your government, bitcoin is a great edge. in fact, i think any institutional investor that is a fiduciary needs to hold bitcoin. it is a possibility that this becomes the main currency of the world. >> why don't we have a big national ex

the argentinian pesos, the argentinian dollar. do you like these as a buy right now? >> correct.we would stay away from argentina given what happens overnight. but with the yen and taiwan, we agree these are attractive at these levels. >> thank you very much for that. joining us out of new york today, daniel, help of global fx strategy at rbc. >>> let's pick up on the story around argentina, which has failed to strike a deal to avert its second default in 13 years. last-ditch talks critters in new york ended without a settlement earlier pushing the country into default. standard & poors cut argentina's credit rating to select default shortly before discussion ended. the country's finance minister blamed them for the failed talks after they refused to take a write-down on their bonds. >> the president said it. this state, this government is not going to sign anything nor consent to anything despite the pressure being exerted, but he's going to respect the parameter of the law and respect the interest of the argentine people. so what offered what was within the possibilities availa