Argentina's Debt Challenge Just Got More Complicated

The transcript discusses Argentina's decision to deposit bond payments in a local bank, defying a US court ruling that prohibits such transfers due to unpaid defaulted bonds from 2001. This action led to Argentina being found in contempt of court in the US. The situation highlights a clash between US legal authority and Argentina's claim of sovereign rights, with potential fines and diplomatic measures being considered as resolutions.

What challenges does the US face in punishing Argentina for contempt of court?

In what ways could the situation between Argentina and the US be resolved, considering both parties' perspectives?