Tag: Vulture funds

Wednesday, October 1st 2014 - 07:42 UTC
Argentine president claims the US wants her removed: “if something happens to me, look North”

Argentine president Cristina Fernandez defiantly claimed on Tuesday that financial, industrial and local political groups together with outside support want to remove her from office, and warned that “if something happens to me, don't look to the Mid East, look North” in clear reference to the United States.
Monday, September 29th 2014 - 22:26 UTC
Ambassador Castro thanks British unions for support in 'vulture funds' and Malvinas disputes

In a speech delivered to over three hundred trade union delegates, Argentine ambassador in London Alicia Castro thanked the British unions for their support in fighting the 'vulture funds' and in backing the call for dialogue on the question of the Falklands/Malvinas, while praising progress made by Argentina regarding the role of women.
Saturday, September 27th 2014 - 09:24 UTC
Argentina lashes Griesa for not making a final decision on the Citibank dispute

Argentina's Economy minister Axel Kicillof lashed out at US Judge Thomas Griesa after he authorized Citibank a one-off payment of Argentine bonds' coupon next Tuesday saying he once again failed to address the heart of the issue and also in fact recognized that bonds under Argentine law do not belong to his jurisdiction.
Saturday, September 27th 2014 - 07:59 UTC
UN Human Rights Council sides with Argentina condemns 'vulture funds'

The United Nations Human Rights Council meeting in Geneva on Friday adopted an Argentine-fueled resolution which condemns the so called 'holdouts' or “vulture funds”, currently in a legal dispute against the country.
Monday, September 22nd 2014 - 04:44 UTC
Cristina Fernandez to address the UN General Assembly on Wednesday

Following her meeting with Pope Francis at the Vatican, Argentine President Cristina Fernandez arrived in New York, where she is expected to deliver a speech at the UN’s 69th General Assembly on Wednesday.
Friday, September 12th 2014 - 06:55 UTC
With the new bill “Argentina wants to pay, can pay and will pay all contracted debts”

Argentine President Cristina Fernández signed into law the Sovereign Debt bill, which changes the payment location of Argentine bondholders and which was approved by Congress early Thursday morning after 18 hours of debate.
Thursday, September 11th 2014 - 04:30 UTC
Despite all the negative economic data, Argentina's stock market has almost doubled this year

Despite all the negative news on government restrictions imposed on the Argentine economy and the shortage of hard currency, the country's Merval Index has skyrocketed almost 100% this year, the highest of any stock market in the world. It includes many of the largest companies in the country such as Telecom Argentina and Energy Petrobras, along with banks and a steel maker.
Tuesday, September 2nd 2014 - 07:43 UTC
Falklands/Malvinas issue to be addressed by Mercosur parliament 11 November

The Mercosur Parliament, Parlasur will be holding a special session next 11 November in Montevideo dedicated to the Falklands/Malvinas Islands sovereignty issue, it was announced this Monday in Buenos Aires during a visit of a delegation from the regional legislative to the Argentine congress.
Monday, September 1st 2014 - 13:46 UTC
Timerman presents plan to regulate sovereign debts before the UN on Tuesday

Foreign Minister Hector Timerman referred to Argentina’s plan to regulate international debt restructurings, to be presented on Tuesday before the UN’s General Assembly, and stressed the importance of the project saying that “the legal loophole is huge” and that it affects “most of the countries in the world.”
Saturday, August 30th 2014 - 08:01 UTC
Judge Griesa schedules new hearing; Argentina appeals to United Nations on holdout case

The US judge overseeing litigation by Argentina and creditors who did not participate in the country's past debt restructurings scheduled a hearing to assess whether Citigroup Inc (C.N) should be forced to comply with a subpoena.