Tag: sovereign bonds

• Friday, March 7th 2014 - 04:41 UTC

  Cristina Fernandez wants France to lobby before the Paris Club

  

  President Cristina Fernandez is expected to visit France for the opening of Paris Book Show, with a great display of Argentine culture and conferences, but most important she will be meeting on 19 March with her peer Francois Hollande to strongly lobby for a better deal with the Paris Club for the payment of a defaulted debt of 10bn dollars dating back to 2001.

• Wednesday, February 19th 2014 - 05:11 UTC

  Argentina appeals hedge funds case to US Supreme Court; warns of 'havoc' if lower court ruling stands

  

  Argentina announced on Tuesday it had appealed to the US Supreme Court against a lower court order to pay off hedge fund investors in its bonds, arguing that order violated its sovereignty.

• Saturday, October 26th 2013 - 15:54 UTC

  Argentina appeals New York Judge Griesa's order regarding banks' disclosures

  

  The Argentine government yesterday appealed an order by US Judge Thomas Griesa who asked some private banks to turn over information about Argentina’s assets abroad. The case had been started by hedge fund Elliott Management Corp’s NML Capital Ltd which is demanding in court full 100% payment of Argentine sovereign bonds face value.

• Friday, May 24th 2013 - 07:05 UTC

  Argentina raids factory of US investor head of a hedge fund litigating defaulted sovereign bonds

  

  Argentine authorities investigating alleged tax and currency exchange fraud searched this week the factory of a U.S. investor who is among litigants seeking hundreds of millions over Argentina's 2001 default.

• Monday, November 26th 2012 - 19:35 UTC

  The Chicago Tribune on the bonds dispute: ‘Cry for yourself, Argentina’

  

  The Chicago Tribune, one of the leading Midwest US newspapers has been following closely the dispute in New York courts between the Argentine government and investment funds that are demanding full payment of sovereign bonds.

• Saturday, October 27th 2012 - 04:23 UTC

  Argentina rejects bonds’ discrimination ruling and will go to US Supreme Court

  

  Argentina downplayed the significance of the US Appeals Court ruling in support of investment funds that were ‘discriminated’ in the payment of their sovereign bonds vis-à-vis those that accepted the restructure of the massive 2002 Argentine default.

• Friday, September 9th 2011 - 15:49 UTC

  ECB sovereign bond purchasing policy splits ECB; Germans quit in protest

  

  The European Central Bank in Frankfurt confirmed in a Friday afternoon statement that its chief economist and executive board member Jürgen Stark had resigned “due to personal reasons.”

• Thursday, July 7th 2011 - 07:11 UTC

  UK Supreme Court rules against Argentina in defaulted sovereign bonds case

  

  A hedge fund owner of defaulted Argentine debt can try to seize government assets held in Britain as it seeks to recover the full face value of the bonds, Britain's Supreme Court said in a ruling on Wednesday.

• Sunday, June 26th 2011 - 02:46 UTC

  China loans and oil prices boost Ecuador economy two years after default

  

  Ecuador’s bonds are rewarding investors with the best performance in Latin America as Chinese loans and higher oil prices boost confidence in the economy two years after the country defaulted on 3.2 billion US dollars in debt.