New York judge Thomas Griesa rejected last week a request by hedge fund investor Paul Singer to chide Argentina over its apparent “best option” plan to default on all its debt should it lose its last-chance appeal later this week before the US Supreme Court.
A book with a collection of documents and historic background under the heading of The International Community and the Malvinas Question, both in English and Spanish was presented on Monday by Argentine Foreign minister Hector Timerman and top officials from his office.
The United States Chargé d'Affaires at the Embassy In Buenos Aires Kevin Sullivan, who is in charge of the embassy on an interim basis, praised Argentina’s agreement with Paris Club, ICSID and YPF-Repsol deal, saying “the situation is changing, in a good way” and pointing out a change in investment climate.
Argentina's footballers inflamed their country's rivalry with England on the eve of the World Cup on Saturday, unfurling a banner claiming sovereignty of the Falkland Islands before defeating Slovenia 2-0.
The International Monetary Fund (FMI) welcomed on Friday “all the specified actions,” taken by Argentine President Cristina Fernández administration, to improve Consumer prices and Gross Domestic Product indexes under INDEC National Statistics Bureau orbit.
The International Monetary Fund expressed “concern” on Thursday over the outcome of Argentina's 'vulture funds' case. The US Supreme Court is scheduled to consider on June 12 whether to hear Argentina's appeal of rulings requiring it to pay the holdout bondholders back in full.
Argentina confirmed on Thursday World Cup nationwide transmission free service both on television and radio. Channel 7, DeporTV and Radio Nacional will be responsible for delivering the service, thus fulfilling President Cristina Fernandez government’s promise of the ”World Cup for the whole country”.
Argentina agreed to sign a one-year deal with Brazil to regulate vehicle trade between both countries, after a meeting held between Industry Minister Débora Giorgi and her Brazilian counterpart, Mauro Borges. The agreement will be signed on June 11 in Buenos Aires.
Falkland Islands are enjoying the benefits of a healthy well managed economy, with excellent present and future prospects in its main industries, but also face challenges such as the need for manpower, closely linked to immigration, planning for a balance between environment and oil industry, a modern government and the continued attempts by Argentina to stifle the Islands economy and block economic development.
More than 100 British Members of Parliament have signed a resolution of support for Argentina in the fight against hedge fund holdout investors, and warned that if the United States Justice System ruled against the nation it could fall into default.