The
United Nations has called for a new legal system to help countries resolve
unsustainable debts.
The
immediate spur for the call was the difficulty faced by Argentina.
The
country has been subject to legal action in the US courts over a debt crisis
more than a decade ago.
The
approval of a UN resolution does not necessarily mean a new system will be set
up, but it is a sign of international concern about potential implications of
Argentina's situation.
The
proposal received the support of 124 UN member countries, with 11, including
the United States, voting against.
There
has been a long-running debate about whether new arrangements are needed to
help countries that get into a situation where they cannot maintain
