A man walks by a sign that reads in Spanish "Yesterday Braden or Peron, today Griesa or Cristina", in reference to an unresolved debt dispute between the Argentine administration of President Cristina Fernandez and the NML Capital hedge fund, ordered to round-the-clock negotiations by a U.S. District Court presided by Judge Thomas Griesa, in Buenos Aires, Argentina, Tuesday, July 29, 2014. Argentina will default for the second time in 13 years if it cannot reach a deal with the U.S. hedge funds before July 30. (AP Photo/Victor R. Caivano)
A man walks by a sign that reads in Spanish "Yesterday Braden or Peron, today Griesa or Cristina", in reference to an unresolved debt dispute between the Argentine administration of President Cristina Fernandez and the NML Capital hedge fund, ordered to round-the-clock negotiations by a U.S. District Court presided by Judge Thomas Griesa, in Buenos Aires, Argentina, Tuesday, July 29, 2014. Argentina will default for the second time in 13 years if it cannot reach a deal with the U.S. hedge funds before July 30. (AP Photo/Victor R. Caivano) AP
A man walks by a sign that reads in Spanish "Yesterday Braden or Peron, today Griesa or Cristina", in reference to an unresolved debt dispute between the Argentine administration of President Cristina Fernandez and the NML Capital hedge fund, ordered to round-the-clock negotiations by a U.S. District Court presided by Judge Thomas Griesa, in Buenos Aires, Argentina, Tuesday, July 29, 2014. Argentina will default for the second time in 13 years if it cannot reach a deal with the U.S. hedge funds before July 30. (AP Photo/Victor R. Caivano) AP

Argentina scrambles to avoid default as Wednesday midnight deadline looms

July 29, 2014 07:49 PM