RIO DE JANEIRO, BRAZIL - The extremely long negotiation between Argentina and its private creditors has reached a critical moment. On Monday, the three major bondholders jointly rejected the last and purportedly final offer from Alberto Fernández's government. And they presented an alternative proposal that, according to them, "represents important economic and legal concessions".
For the first time since the start of the process in February, the main holders of the dollar debt have formed . . .