Pollack confirms meeting with Argentina on Tuesday, 24 hours before 'D' day

 Argentina has until Wednesday to either pay the New York hedge funds suing for full repayment on their bonds or reach a deal. Argentina has until Wednesday to either pay the New York hedge funds suing for full repayment on their bonds or reach a deal.

Argentina will sent a negotiation team to New York on Monday for further talks with a US court-appointed mediator Daniel Pollack in its debt dispute with “holdout” investors, Cabinet Chief Jorge Capitanich said earlier, with just two days left to avert a default.

Falkland Islands Holdings announces expanded Share Incentive Plan for its staff

The Falkland Islands Company has announced the expansion of its tax efficient share plan (Share Incentive Plan or SIP) which is open to all its 180 full time employees. The company believes in share ownership by staff and the public company status of its parent company, Falkland Islands Holdings plc (FIH), allows local staff to benefit from this...

“ Argentina Dances With Default”, warns The Wall Street Journal

“President Cristina Fernandez has spent a month running an extraordinary public campaign vilifying the holdouts as well as Judge Griesa and U.S. courts”“President Cristina Fernandez has spent a month running an extraordinary public campaign vilifying the holdouts as well as Judge Griesa and U.S. courts”

As Argentina approached the deadline for another default, second in twelve years, the governments of President Cristina Fernandez is trashing a U.S. judge rather than repay creditors, underlines an editorial column from The Wall Street Journal.

Peru announces increase in government spending to prop the economy

“We have to grow more, to continue generating wealth and jobs,” Humala said in a speech to the nation that marked Peru's Independence Day“We have to grow more, to continue generating wealth and jobs,” Humala said in a speech to the nation that marked Peru's Independence Day

Peru's President Ollanta Humala said on Monday that his government is countering slow economic growth by boosting public spending on improved wages and better benefits for public health, education and security workers.

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