Tag: Cristina Fernandez

• Friday, July 25th 2014 - 05:58 UTC

  Argentines consider Mujica far “more honest” than Cristina Fernandez

  

  An 'honesty' ranking by Argentine pollster, Giacobbe & Associates, based on 500 names, both alive and deceased, shows the country's public opinion poor belief in the political system, with president Cristina Fernández ranked 38, fourteen positions down from a similar poll last year and behind her Uruguayan peer Jose Mujica ranked 11.

• Friday, July 25th 2014 - 05:14 UTC

  Argentina insists on Griesa for some insurance against the RUFO clause

  

  After failing to reach an agreement during Thursday's meeting with court-appointed mediator Daniel Pollack, Argentina reiterated that there could be no negotiations with speculative funds or 'vulture funds' until judge Thomas Griesa provides some insurance against possible liabilities related to the 'Rights upon Future Offers' (RUFO) clause.

• Thursday, July 24th 2014 - 07:01 UTC

  In defiant speech CFK openly brushes aside any default “because Argentina has paid”

  

  In a defiant speech President Cristina Fernández reiterated on Wednesday that Argentina will “not fall into default” and warned that “they will have to invent a new word” to explain how a country has paid its debt and “someone blocked it”.

• Wednesday, July 23rd 2014 - 06:51 UTC

  Argentina claims Griesa is blocking bondholders money and using 'vulture funds' language

  

  Argentina reacted strongly to Tuesday's events in the New York federal court which denied its stay request, claiming Judge Thomas Griesa “did not solve absolutely any of the issues for which he summoned today's audience”, insisting with his “unbelievable ban” on structured bonds' collecting their payment.

• Tuesday, July 22nd 2014 - 06:39 UTC

  China/Argentina swap disagreements to be addressed by courts in London and Paris

  

  Argentina's current confrontation in New York with Judge Thomas Griesa and the holdout speculative funds brings up the issue of having resigned the sovereignty of Argentine courts at the time of negotiating or restructuring foreign debt.

• Monday, July 21st 2014 - 07:38 UTC

  Ten hectic days await Argentina, and a possible second default in 12 years

  

  Ten hectic days ahead for Argentina since come 30 July and no agreement has been reached at the New York court of Federal Judge Thomas Griesa, (full payment plus accrued interests to holdout speculative funds) the country would be forced to a second default in twelve years with all the political consequences for Cristina Fernandez and Mercosur.

• Monday, July 21st 2014 - 06:31 UTC

  Falklands/Malvinas: strong support from China in joint declaration with Argentina

  

  Daniel Filmus head of the Argentine Foreign ministry office on Issues related to the Question of Malvinas, underlined the support from China to Argentina' sovereignty claim over the disputed Islands, which was “clearly expressed” in a joint declaration signed by Presidents Cristina Fernandez and Xi Jinping, currently on a visit to several Latin American countries.

• Saturday, July 19th 2014 - 08:16 UTC

  China extends a 'financial' hand to dollar and credit strapped Argentina

  

  Argentina signed deals on Friday to borrow 7.5 billion dollars from China at a time when Buenos Aires cannot access global capital markets because of disputes over unpaid debt. Beijing also extended a three-year agreement for an 11bn swap operation between the central banks of Argentina and China.

• Thursday, July 17th 2014 - 07:14 UTC

  CFK admits having to pay 300% profit on holdouts’ dollars, but never 1.680% as pretended

  

  Argentine President Cristina Fernández rejected on Wednesday the possibility of a new default during the UNASUR-BRICS meeting in Brasilia, highlighting Argentina is going to “keep on paying and honoring its debt,” while asking for support against the “so called vulture funds,” who are “pretending to collapse the Argentine debt restructuring.”

• Thursday, July 17th 2014 - 05:49 UTC

  Holdout funds claim in ads campaign that Argentina is choosing default scenario

  

  The American Task Force Argentina (ATFA), the group the government of President Cristina Fernandez has officially accused of being funded by same holdout creditors suing Argentina over its defaulted bonds, has resumed its advertisement campaign against Buenos Aires now saying the Kirchner administration is actually “choosing” a default scenario.