Argentina starts talks with hedge fund holdouts

Argentina's new government began negotiations with hedge fund creditors Monday, amid reports it wants them to write off up to a quarter of their bonds to settle a long-running dispute. Finance Secretary Luis Caputo arrived Monday morning at the New York offices of the US court-appointed mediator Daniel Pollack in a fresh effort to end a debt battle rooted in the country's $100 billion default in 2001. Business newspaper El Cronista meanwhile reported that the reduction sought would be about 25 p