Argentina secures deal on 'impossible' debt

Recession-hit Argentina announced on Tuesday it has reached an agreement with three major creditors over the restructuring of a $66 billion debt, which the IMF described as a "very significant step" to solving its latest sovereign default crisis.The government of President Alberto Fernandez had set an August 4 deadline to complete a deal but it has now pushed the date to August 24 "to give effect to the agreement," which came after months of wrangling and extensions."We resolved an impossible de