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The decision comes three days after Lagarde said she’d recommend that the IMF board file its first-ever friend-of-the-court brief to the U.S Supreme Court in support of Argentina’s request for a review of a lower court ruling. The case involves holdout creditors from the nation’s $95 billion default in 2001.
“The managing director’s recommendation was premised on U.S. support, as it would not be appropriate for the IMF to …
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