Argentina's vultures and money changers

Twelve years on from its one hundred-billon dollar default, Argentina is in trouble again. Today the IMF’s Executive Board is meeting to discuss its concerns that the country is manipulating its inflation and GDP statistics. Later this month, a court in New York will decide if the bondholders who refused to accept the terms of Argentina’s debt restructuring can claim their money back. If they win, Argentina will be in default again. It’s a case of global significance that could impact all of the sovereign debt restructuring deals done since. (Broadcast on Radio 4's The World At One on 1 February)