Paul Singer-controlled NML Capital said that the hedge fund, as well as other holders of Argentine debt, made a deal with Citibank regarding the legal dispute at New York courts over Argentine-law bonds.
Financial experts expect Brazil's economy to shrink 0.83% in 2015, its biggest contraction since 1990, and inflation to climb to 8.12%, its highest level since 2003, according to the results of a Central Bank survey released on Monday.
A statement from UK Defense secretary Michael Fallon relative to the Falkland Islands' garrison is expected sometime this week, according to reports in the British media. The Falklands' military response capacity has been a matter of much ongoing debate among analysts and former officers, as Argentina allegedly is involved in increased military expenditure.
Ushuaia daily Diario Fin del Mundo recalls that 33 years ago on 19 March 1982, the Argentine navy transport vessel ARA Bahía Buen Suceso landed in South Georgia a party of workers on contract to dismantle remains of the whaling station, and on arriving raised the Argentine flag. An incident which was to lead to the full-fledged conflict the following month.
Uruguayan Foreign Minister Rodolfo Nin Novoa said on Monday that Montevideo absolutely will not accept any more inmates from the U.S. prison at Guantanamo, in contrast to the previous government of Jose Mujica, who took in - as refugees - six Middle Eastern men who had been held at the facility.