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Argentina Comes Up Short on World Bank Loan Payment

NPR

Published November 14, 2002 at 10:00 PM MST

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Argentina suffers a setback in its ongoing struggle to get out of debt. President Eduardo Duhalde says the nation can pay $79 million in interest on its World Bank loan, but won't be able to make the $805 million loan payment. Scott Goldberg reports from Buenos Aires.