Tag: Argentina

Friday, August 8th 2014 - 08:49 UTC
The Guardian: How Barack Obama could end the Argentina debt crisis

By Greg Palast (*) - US president need only inform a federal judge that vulture fund billionaire Paul Singer is interfering with the president's sole authority to conduct foreign policy. He hasn't. But why not?
Friday, August 8th 2014 - 08:06 UTC
Falklands and 4.7m sq. km. of the South Atlantic, claimed by Argentina

“Argentina has its eyes set on the South Atlantic, and that includes undoubtedly the full recovery of our sovereignty over the Malvinas Islands and the adjoining maritime spaces”, said Daniel Filmus head of Argentina's Office on issues relative to the Malvinas Islands.
Friday, August 8th 2014 - 07:44 UTC
Falkland Islands dispute becomes a political incident in Welsh politics

The Welsh Conservatives say First Minister Carwyn Jones should distance himself from 'distasteful' comments over the Falkland Islands' sovereignty. The situation involved the Welsh leader, Argentine ambassador in UK Alicia Castro and Chubut governor Martin Buzzi, when they met to address next year's 150th anniversary of Welsh settlers in Patagonia.
Friday, August 8th 2014 - 07:09 UTC
Griesa summons hearing for Friday; Argentina launches proceedings against the US in The Hague

New York District judge Thomas Griesa has scheduled a hearing at 4 pm local time on Friday to address Argentina's recent public statements over their attempts to pay creditors, a court official said. Representatives from both Argentina and holdout investors have been called to the hearing, which will take place in New York.
Thursday, August 7th 2014 - 07:22 UTC
Global system used for sovereign-debt workouts remains badly in need of repair

By Kenneth Rogoff (*) - Argentina’s latest default poses unsettling questions for policymakers. True, the country’s periodic debt crises are often the result of self-destructive macroeconomic policies. But, this time, the default has been triggered by a significant shift in the international sovereign-debt regime
Thursday, August 7th 2014 - 07:02 UTC
Argentina closer to contempt of court as it suggests bondholders to change paymaster

New York district judge Thomas Griesa and the Argentine government are again on the collision course: while the magistrate has ordered the Bank of New York Mellon to retain the funds deposited by Argentina to pay exchange bondholders and declaring the payment “illegal”, the Ministry of Economy in Buenos Aires suggested bondholder should change BONY for a new intermediary institution.
Thursday, August 7th 2014 - 06:53 UTC
Argentine football has new president; HQ raided on court's order

Argentinos Juniors and interim Argentine Football Association president Luis Segura has been ratified in the AFA post until October 2015, as confirmed following the first meeting of the body's executive committee since the passing of late chief Julio Humberto Grondona.
Wednesday, August 6th 2014 - 08:28 UTC
Plaza de Mayo Grand-mothers head finally gets to know her kidnapped grandson born in captivity

The 83-year-old head of the Argentine human rights movement which works to track down babies stolen by the country's brutal 1976-83 military dictatorship has found her grandson after a 35-year search, a relative said on Tuesday.
Wednesday, August 6th 2014 - 08:02 UTC
Argentina will demand Citibank and BONY to pay exchange bondholders

The Argentine Government will formally demand that Citibank and the Bank of New York Mellon pay exchange bondholders, the Economy Ministry informed on Tuesday in a press release.
Tuesday, August 5th 2014 - 07:14 UTC
Argentina planning to question Judge Griesa before the International Court of Justice

Argentina's Legal and Technical Secretary to the Presidency Carlos Zannini is overseeing a group of experts in international law as they draft the suit the government of President Cristina Fernandez will file against US Judge Thomas Griesa’s ruling on full repayment to holdout bondholders at International Court of Justice in the Hague, according to Noticias Argentinas-