Argentina's financial agenda: talks with holdout funds and farmers' dollars

Monday, January 11th 2016 - 12:51 UTC

Full article 9 comments

A challenging financial week takes off for Argentina's new administration of president Mauricio Macri: on the one hand Argentine farmers have to keep their part of the deal by providing the central bank with 400 million dollars a week, and on the other the long-awaited debt talks are expected to resume in New York next Wednesday with United States hedge funds suing Argentina over defaulted sovereign bonds. Read full article

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willi1
“Cleary was part of the reason of the failure of the negotiations. We want to solve the issue as soon as possible, there are investors from Europe also waiting for a solution” +++

that is a light on the horizon.
Jan 11th, 2016 - 02:32 pm - Link - Report abuse 0
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Conqueror
US$15 billion. No stays. No bonds. Cash. US$100 bills. argieland is used to this method of moving money. How many attache cases is that? Argieland has US$25.556 billion in “reserves”. Anybody care if argieland's ”reserves are reduced to US$10 billion. For how many years has argieland evaded payment? It deserves to suffer.
Jan 11th, 2016 - 03:22 pm - Link - Report abuse 0
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ChrisR
Good luck on a stay on existing rulings!
Jan 11th, 2016 - 05:50 pm - Link - Report abuse 0
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yankeeboy
They want relief from the only thing that's making them come to the negotiation table?
Good luck.
Why would they ever do that?

Singer already told them don't waste his time with less than 100% offer.
Jan 11th, 2016 - 06:16 pm - Link - Report abuse 0
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Enrique Massot
It will be interesting to see how the new Argentine president manages this hot potato affair. As an opponent to the previous government, Mauricio Macri had flatly argued that “whatever Griesa says, we've got to do it.”
His position was in total opposition to Cristina Fernandez's, who did not want to reward the vultures for their greedy, immoral--even if legal--operations against the country.
In the meantime, it's too bad MPress fails to entertain its readers by following on Team Macri's information management nightmare following the escape of three lifers who walked out of a maximum-security prison and whose capture was announced with great fanfare by the government before actually happening two days later.
Jan 11th, 2016 - 09:07 pm - Link - Report abuse 0
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ChrisR
@ 5 Kiki Mashed Potato Head

The only one handling a 'hot potato' is you: your head for starters has the brain power of a potato.

Macri inherited the BsAs crime pact from your 'mistress' TMBOA and her drug dealing government appointees namely Bogbrush ‘Anibal the Cannibal’ © ChrisR 2015.

We had all started to enjoy the lack of your brooding presence on here so piss off.
Jan 12th, 2016 - 05:21 pm - Link - Report abuse 0
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chronic
I think rottingroadkill has the little matter of repealing a law before they can settle up.

lol.

This is about like Obamy normalizing with Cubar.

Oops.

Forgot about the statutory embargo, huh?
Jan 12th, 2016 - 06:52 pm - Link - Report abuse 0
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Enrique Massot
#6 Chris
Wow! I did not know that, on top of owning the truth, Chris also owned this forum so much as to tell those he dislikes “piss off.”
Sorry for intruding into your comfort zone, Chris.
I think I'll be posting here from time to time to keep some semblance of diversity.
Jan 12th, 2016 - 08:25 pm - Link - Report abuse 0
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yankeeboy
You add to diversity about as much as Bernie Sanders does.
Jan 15th, 2016 - 11:58 pm - Link - Report abuse 0
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