Setback for Argentina in New York court defaulted sovereign bonds case

Friday, July 1st 2011 - 07:04 UTC

Full article 7 comments

Argentina suffered a setback over its US$100 billion debt default in 2002 when New York's highest court said the country should keep paying interest on some bonds even after they mature or investors demand their principal back early. Read full article

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briton
poor argentina,
and your bloggers are telling us how great you are doing lol
Jul 01st, 2011 - 12:22 pm - Link - Report abuse 0
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GeoffWard2
How much better to pay your debt back according to the schedule agreed at the time.
If repayment means austerity programmes, fine - as long as it is borne by all sectors of society proportionately.
Jul 01st, 2011 - 02:37 pm - Link - Report abuse 0
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mastershakejb
lol @ these clown commenters ^
don't worry, Greece will default next year, along with italy, spain, portugal, ireland, UK, and france
Jul 01st, 2011 - 11:33 pm - Link - Report abuse 0
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lsolde
@3milkshake,
why are they clowns, o not so wise one? because they speak the truth & you don't like it?
Jul 02nd, 2011 - 11:04 am - Link - Report abuse 0
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Fido Dido
Got bad news for you too Isolde, because what mastershakejb just typed, is indeed the truth, but of course, what do you know about the situation. Another fool with her head stuck in the sand.
Jul 02nd, 2011 - 03:41 pm - Link - Report abuse 0
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lsolde
How is it that whenever l think of complete idiots, l think of sir cloggs!
Jul 02nd, 2011 - 09:56 pm - Link - Report abuse 0
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GeoffWard2
The overheating of the Argentinean and the Brasilian economies needs putting into context alongside the other ‘emerging economies’. The Economist has come up with six indicators across many countries, and a composite indicator.

It is shown that the ‘official’ data for Argentina is a serious understatement/overstatement across the economic indicators;
and it shows that Brasil’s position gives cause for a number of concerns also, although the situation is potentially manageable.

http://www.economist.com/node/18895150

http://www.economist.com/node/18895150
Jul 04th, 2011 - 04:03 pm - Link - Report abuse 0
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