Argentina

Friday, July 11th 2014 - 06:19 UTC
JP Morgan requests 'clarification' from Judge Griesa to pay Japanese bondholders

JP Morgan bank, the entity responsible for the payment to Argentina's Japanese bondholders has sent a letter to US Federal Judge Thomas Griesa, requesting “a clarification” in order to deliver the funds to the nation's creditors.
Friday, July 11th 2014 - 06:14 UTC
Pollack says Argentina, hold-outs and legal representatives will meet on Friday

Special master Daniel Pollack revealed on Thursday he has been talking with holdout funds and Argentine lawyers “on a daily basis”, one day before an Economy Ministry committee travels to New York to meet the mediator in the funds/Argentina litigation case for the second time.
Wednesday, July 9th 2014 - 08:21 UTC
Kicillof blasts holdouts: “they never negotiated or lent money to Argentina”

Argentine Economy minister Axel Kicillof responded fiercely to criticisms directed at him and the Argentine government by Elliott Management portfolio manager Jay Newman, reminding the representative of the holdout investors that they have never lent a cent to Argentina.
Wednesday, July 9th 2014 - 08:14 UTC
Mediator Pollack will receive Argentine delegation Friday in follow up meeting

Argentina confirmed on Tuesday that the delegation headed by Economy Minister Axel Kicillof will continue talks with mediation Daniel Pollack, next Friday in New York, a 'follow up' of Monday's first appointment.
Wednesday, July 9th 2014 - 08:00 UTC
Kerry wishes the Argentine team 'good luck' in the World Cup

US Secretary of State John Kerry congratulated the people of Argentina on the country’s Independence Day on July 9 and wished the national team good luck in Brazil’s World Cup.
Wednesday, July 9th 2014 - 07:07 UTC
Falklands experience, according to former Argentine vice-president Cobos

Fresh back from the Falkland Islands where he spent a week, Argentina's former vice-president and currently lawmaker Julio Cleto Cobos calls for closer links with the Islands, and insists that the “Malvinas Experience” (“Vivir Malvinas”) challenge should not be banned to nobody, rather the contrary.
Tuesday, July 8th 2014 - 08:43 UTC
Indicted Boudou will replace Cristina Fernandez on Argentine Independence Day

Controversial vice-president Amado Boudou will fill in for President Cristina Fernández and head Wednesday's Argentine Independence Day celebration in San Miguel de Tucumán. The deputy was entrusted with leading the ceremony following a meeting Monday afternoon at the presidential residence in Olivos, as Cristina continues her recovery from pharyngeal laryngitis.
Tuesday, July 8th 2014 - 08:33 UTC
EU holders of restructured Argentine bonds begin court actions in Belgium

Holders of restructured Argentine bonds took to Belgian courts against Euroclear and the Bank of New York last week over their failure to pay out Argentina’s deposit, newspaper Tiempo Argentino (*) reported, citing court documents signed by the funds’ legal counsel.
Tuesday, July 8th 2014 - 08:20 UTC
Leading holdout hedge fund willing to give Argentina more time to negotiate

Elliott Management portfolio manager Jay Newman has revealed that the holdout hedge fund would be willing to give the Argentine government more time to negotiate following the nation's reverse in the US Supreme Court, while criticizing Economy minister Axel Kicillof for not meeting with the so-called 'vulture funds'.
Tuesday, July 8th 2014 - 08:10 UTC
Kicillof meets Pollack requests 'stay' injunction to pay bondholders

Argentine Economy Minister Axel Kicillof held Monday afternoon a meeting that lasted almost four hours with the Special Master appointed by US Judge Thomas Griesa, Daniel Pollack, and requested that an injunction allowing Argentina to pay bondholders be reinstated while negotiations with holdouts developed.