While investors cheered progress on last week's arduous negotiations in New York between Argentine government officials and litigant investors, the administration of president Mauricio Macri still faces an uphill battle as it works to bring other holdouts on board.
The United States gave another sign of support for Argentina’s economic policies as US Treasury Secretary Jacob Lew spoke on the phone with Finance Minister Alfonso Prat-Gay, striking an optimistic tone regarding the settlement offer made to the holdout funds in New York.
Argentina's foreign minister Susana Malcorra met on Tuesday in New York with United Nations Secretary General Ban Ki-moon and delivered three letters from president Mauricio Macri.
The United Kingdom will not change current policy on the Falkland/Malvinas Islands, according to the UK Ambassador to Spain Simon J. Manley, confirming London's stance on the Islands sovereignty.
“Royal Caribbean should have known better”. That's the word Tuesday from weather experts who closely monitored the development of the storm that rocked the line's Anthem of the Seas, on Sunday and Monday.
Falklands: Back to the future, why the 'new approach' from Argentina is completely missing the point
By the Honourable Mike Summers, OBE (*) - Over the weekend of the 6th and 7th February, the press in Argentina reported that the Government of Argentina (GoA) was going to change its approach to its treatment of the Falkland Islands, its relationship with the United Kingdom and how it intends to “resolve the Falklands question”
Daniel A. Pollack, Special Master presiding over settlement negotiations between the Republic of Argentina and its “holdout” Bondholders issued the following statement today (Friday, Jan 5):
The latest report from the United States Labor Department for January showed job gains slowed more than expected as the boost to hiring from unseasonably mild weather faded last month. However unemployment dropped to 4.9% of the workforce, the lowest in almost eight years.
Argentina offered a $6.5 billion cash payment to creditors suing the country over defaulted bonds on Friday, seeking to end an exhausting 14-year legal battle, the sovereign debt trial of the century, that transformed the country into a financial markets pariah. Two out of six leading bondholders have already accepted the offer, the U.S. court-appointed mediator said, hailing the proposal by Argentina's new, business-friendly government as an historic breakthrough.
The United Kingdom will formally contest the opinion of the UN Working Group on Arbitrary Detention that Julian Assange is a victim of arbitrary detention. From Stockholm Swedish prosecution said the UN ruling had no formal impact into an ongoing rape investigation against the WikiLeak's founder.