The United Nations trade and development agency UNCTAD said on Wednesday in a rare release that the recent U.S. court ruling on Argentina's debt erodes sovereign immunity and does not comply with the country's own U.S. Foreign Sovereign Immunities Act.
The government of President Cristina Fernandez awaits Judge Griesa's decision after the request to issue a stay on the ruling that orders Argentina to pay all the bondholders at the same time, Argentine Cabinet Chief Jorge Capitanich said in his daily press briefing at Government House on Tuesday.
Foreign minister Hector Timerman is heading a multi-party delegation that on Thursday will make the presentation of Argentina's position on the Falklands/Malvinas Islands sovereignty dispute before the UN Decolonization Committee in New York.
The Union of Southern Nations (UNASUR) expressed its solidarity with Argentina after US Supreme Court decision to dismiss the country’s appeal in its legal dispute with holdout hedge funds, rejecting “the behavior of speculative agents that endanger the agreements reached between debtors and creditors”.
Argentina’s bond fight against holdout hedge funds will reach the United Nations headquarters on Wednesday when Economy Minister Axel Kicillof addresses the G77 plus China 134-nations plenary on Argentina's debt restructuring process.
Hedge fund NML Capital have dismissed the Argentine government's request to reestablish a stay on payments to the holdout hedge funds, and called on New York judge Thomas Griesa to reject the plea.
The 21st June was Mid-Winter’s Day in The British Antarctic Territory and to mark the occasion, Commissioner Dr Peter Hayes has written to UK Base (Rothera, Halley, King Edward Point, Bird Island) Commanders and staff to thank them for their ongoing hard work within the Territory.
Brazil's supermodel Gisele Bündchen who was to deliver the World Cup to the winning team next 13 July has declined the invitation from FIFA. Allegedly Gisele does not want to link her image to an event which has been highly criticized by Brazilian public opinion, according to the Brazilian media.
The British Minister of State for Latin America, Hugo Swire, arrived to Costa Rica on Monday June for his first official visit to the Central American country and the British Government’s first audience with the new government since the inauguration of President Luis Guillermo Solis on 8 May 2014.
Just 7 months after the British Ministry of Defense ordered the system from Boeing Defense UK, footage released today, 22 June, shows ScanEagle taking flight from HMS Somerset in the Gulf.