Argentine representatives have made it clear that the South American country plans to default next week, a spokesperson for Elliott Management subsidiary NML Capital said late Thursday, Reuters reported yesterday. "We will continue to seek ways to engage Argentina in negotiations, but there is currently a total lack of willingness on Argentina's part to solve this problem," NML Capital said. Representatives for holdout investors and Argentina in the country's ongoing debt default met for about three hours with a court-appointed mediator in New York on Thursday.
