Tag: foreign debt

• Wednesday, October 27th 2021 - 09:40 UTC

  Future US Ambassador to Buenos Aires says Argentina needs an economic plan

  

  Marc R. Stanley, the man chosen by US President Joseph Biden to become the next Ambassador to Buenos Aires, Tuesday said at his confirmation hearing before the Senate that the South American country needs an economic plan regarding its foreign debt.

• Thursday, November 19th 2020 - 08:21 UTC

  Mexico successfully refinances foreign debt at the “lowest interest rate in the market”

  

  Mexico has completed a debt refinancing operation worth US$ 6.6 billion in international markets, including a heavily over-subscribed bond offer, the Finance Ministry said.

• Thursday, April 23rd 2020 - 11:17 UTC

  Argentina misses US$ 500 million payment on Wednesday; default by end of May?

  

  Argentina said it didn’t make US$ 500 million in debt payments due Wednesday, starting a 30-day countdown to a possible default unless the government and bondholders can reach a deal on restructuring its massive foreign debt.

• Tuesday, April 21st 2020 - 10:15 UTC

  Major asset managers reject Argentina's proposal to overhaul US$ 66bn foreign debt

  

  A group of major asset managers who are creditors to Argentina have rejected the government’s proposal aimed at overhauling US$66.2 billion of its foreign-law debt, saying it inflicted an unjust amount of financial pain on international bondholders.

• Thursday, February 6th 2020 - 09:10 UTC

  Argentine Senate grants full power to the Fernandez administration to restructure foreign debt

  

  Argentina’s Senate voted in favor of a bill on Wednesday that grants power to the government of President Alberto Fernandez to handle a massive debt restructuring of bonds issued in foreign currency.

• Thursday, October 3rd 2019 - 09:54 UTC

  Developing nations foreign debt reaches US$ 7.8 trillion, World Bank report

  

  Total foreign debt held by developing nations jumped more than 5% to US$7.8 trillion, driven by a surge in Chinese debt, the World Bank said in a report on Wednesday.

• Wednesday, January 29th 2014 - 21:00 UTC

  New York Times blasts Cristina Fernández: “Argentina on the brink”

  

  The New York Times published on Wednesday a very strong editorial criticizing the misguided policies of the government of President Cristina Fernandez, arguing that once again 'Argentina is on the brink”.

• Monday, October 21st 2013 - 21:30 UTC

  Argentine Central bank losing reserves at a rate of 47.5 million dollars per day

  

  Argentina's central bank is currently losing international reserves at an average of 47,5 million dollars per day or 8 million per hour, according to the latest figures on the bank's accounts which is increasingly used by the government of President Cristina Fernandez to honor foreign debt and finance the budget.