Argentina has defaulted on its debt for the second time in 13 years.
Talks with creditors broke down on Wednesday night and the midnight deadline passed without a deal to avert a default.
Argentina has been isolated from international financial markets since its record $100 billion default in 2002.
More top news
The Republican presidential candidate said in a speech that 'every one of these liars will be sued'.
Tonight showers will increase across eastern parts of England
Junko Tabei, who conquered Everest in 1975 aged 35, passed away after battling cancer.