High court rejects Argentina's appeal over debt

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WASHINGTON (AP) -- The Supreme Court has ruled that holders of defaulted Argentine bonds can force the South American country to reveal where its assets are held around the world.

The court's 7-1 ruling Monday will make it easier for the bond holders to collect on U.S. court judgments.

The decision followed a separate action Monday in which the justices turned down the country's appeal of a lower court ruling ordering it to pay $1.3 billion to hedge funds that hold some of the bonds.

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