Tag: NML Capital Limited

• Tuesday, November 13th 2012 - 00:07 UTC

  Argentine deadline to Ghana for release of ARA Libertad

  

  Argentina warned on Monday that if by Tuesday Ghana does not release the retained Navy frigate ARA Libertad it will file a claim before the UN Law of the Sea International Tribunal in Germany.

• Monday, November 12th 2012 - 07:44 UTC

  Ghana will insist in relocating Argentine frigate with a new court order

  

  Ghana’s government is expected to submit a petition on Monday to cut all water, electricity and fuel supply to Argentina’s navy training ARA Libertad frigate after armed sailors prevented an operation led by local port authorities, GPHA, who wanted to relocate the ship to another berth, spokesmen of Tema Port said.

• Monday, November 12th 2012 - 07:40 UTC

  International unions’ group calls for a speedy resolution of the Argentina/Ghana impasse

  

  The Vice President of International Transport Workers’ Federation (ITF), has called for a timely resolution of the stalemate leading to the seizure of the Argentina Naval frigate ARA Libertad in Ghana.

• Saturday, November 10th 2012 - 05:32 UTC

  Judge Griesa warns Argentina on defying paying holdout bondholders

  

  US District Judge Thomas Griesa told Argentina it should not even consider evading a recent ruling requiring it to pay bondholders who did not participate in two major debt restructurings after the country's 2002 default.

• Saturday, November 10th 2012 - 02:20 UTC

  Argentine armed sailors prevent Ghana port officials from moving ARA Libertad

  

  Armed sailors on board the detained Argentine ARA Libertad frigate in Ghana threatened to open fire on Ports and Harbours Authority (GPHA) officials, if they attempted to move the ship from berth 11 to berth six, at the Tema Port, according to reports of “The Chronicle” local newspaper.

• Friday, November 9th 2012 - 06:34 UTC

  Judge Griesa summons new hearing on case of hedge funds holding Argentine bonds

  

  US Judge Thomas Griesa summoned a new hearing at New York Court over the case of investment funds against Argentina. The judge agreed with both parts a hearing on Friday to define the following steps after the US Appeals Court ruling issued on October 26.

• Tuesday, November 6th 2012 - 06:33 UTC

  Argentina to appeal Ghana court decision to move ‘Libertad’ from commercial port

  

  A Ghanaian court authorized on Monday to have Argentina’s ARA Libertad navy training frigate, impounded over a lawsuit filed by a US based fund, removed from Tema’s commercial port to another local pier in order to liberate space that’s crucial for the in and out of cargo liners.

• Monday, November 5th 2012 - 13:02 UTC

  Argentina calls on G20 for global action against ‘predatory’ actions from ‘vulture funds’

  

  Argentine Economy Minister Hernán Lorenzino called for developed countries to set limits to ‘vulture funds’ and credit rating agencies as “promoters of the global crisis,” as he addressed the G20 Finance Ministers meeting in Mexico on Sunday.

• Sunday, November 4th 2012 - 06:24 UTC

  Argentina to blast ‘vulture funds’ at the G20 ministerial meeting in Mexico

  

  Argentine Economy Minister Hernán Lorenzino and Central Bank Governor Mercedes Marcó del Pont are leading the country’s delegation in the technical G20 meeting in Mexico, where they are expected to insist on the government’s criticisms against ‘vulture funds’ and credit rating agencies.

• Saturday, November 3rd 2012 - 04:07 UTC

  South African minister admits a second Argentine navy vessel could be impounded

  

  When Argentina still has not recovered from the impounding of the Navy’s flagship, ARA Libertad, retained in Ghana, another piece of bad news was confirmed in Pretoria on Friday when South African Foreign minister admitted that a second navy vessel, ARA Espora, docked in Simonstown was exposed to a similar fate.