United States

• Wednesday, July 30th 2014 - 08:02 UTC

  Argentine private banks prepared to buy holdouts' credit; Kicillof/Pollack talks to continue today

  

  “Special Master” Daniel Pollack, the mediator appointed by US judge Griesa to resolve the dispute between Argentina and the speculative funds' holdouts said the parts talked “face to face” for the first time and assured a new meeting will be confirmed during the day. If a deal is not reached Wednesday sunset Argentina could again fall into default.

• Wednesday, July 30th 2014 - 07:10 UTC

  Cristina Fernandez thanks Mercosur support and again attacked Judge Griesa

  

  President Cristina Fernández addressed fellow heads of state at the Mercosur summit in Caracas, where she thanked members of the bloc for their support over the ongoing fight with holdout investors in the New York courts and underlined that Argentina “has paid debt obligations religiously”.

• Tuesday, July 29th 2014 - 06:59 UTC

  Pollack confirms meeting with Argentina on Tuesday, 24 hours before 'D' day

  

  Argentina will sent a negotiation team to New York on Monday for further talks with a US court-appointed mediator Daniel Pollack in its debt dispute with “holdout” investors, Cabinet Chief Jorge Capitanich said earlier, with just two days left to avert a default.

• Tuesday, July 29th 2014 - 05:35 UTC

  “ Argentina Dances With Default”, warns The Wall Street Journal

  

  As Argentina approached the deadline for another default, second in twelve years, the governments of President Cristina Fernandez is trashing a U.S. judge rather than repay creditors, underlines an editorial column from The Wall Street Journal.

• Tuesday, July 29th 2014 - 05:27 UTC

  Griesa eases bond payments agenda; Argentina complies with the Paris Club

  

  New York judge Thomas Griesa has confirmed that the Citigroup bank will on a one-off occasion be permitted to process payment on Argentine bonds held under Argentine law, which form part of the titles restructured following the default of 2001.

• Monday, July 28th 2014 - 07:52 UTC

  The New York Times calls for legalizing marihuana: “Repeal prohibition again”

  

  The New York Times called for the legalization of marijuana, in a bold editorial comparing the federal ban on cannabis to Prohibition. The prestigious publication said pot laws disproportionately impact young black men and that addiction and dependence are “relatively minor problems” -- especially when compared with alcohol and tobacco.

• Monday, July 28th 2014 - 07:11 UTC

  Dutch government releases former Venezuelan general retained on DEA request

  

  The Dutch government released a former Venezuelan general who was detained on US drug charges when he arrived in Aruba to serve as his country's consul on the Dutch Caribbean island, sending him home Sunday night and defusing a diplomatic fight with its neighbor.

• Saturday, July 26th 2014 - 06:56 UTC

  Cristina Fernandez will analyze holdouts' case during her stay in Rio Gallegos

  

  President Cristina Fernandez left on Friday for Santa Cruz province, where she will stay for the weekend and analyze New York Argentine/holdouts case briefings. The Argentine delegation returned on Friday to Buenos Aires after two meetings with appointed mediator Daniel Pollack in New York, where no resolution was reached.

• Saturday, July 26th 2014 - 06:36 UTC

  Argentina/holdouts impasse remains; delegation back to Buenos Aires for instructions.

  

  Argentina failed to reach a breakthrough with the U.S. court-appointed mediator in its battle with holdout creditors in New York on Friday in talks that lasted just an hour. The Argentine delegation is flying back to seek instructions from its government, mediator Daniel Pollack said, while the country's economy ministry underscored it would continue the dialogue with him over the next few days.

• Saturday, July 26th 2014 - 06:04 UTC

  Venezuelan general retained in Aruba to be extradited to the US

  

  A judge in Aruba ruled Friday that the highest-ranking Venezuelan official ever arrested on a U.S. warrant will remain behind bars pending an extradition request on drug charges. Hugo Carvajal, a former head of Venezuelan military intelligence and close confidant of the late president Hugo Chavez, was arrested upon arriving at Aruba’s airport, officials said Thursday.