NEW YORK (Reuters) – Highland Capital Management, a relative newcomer to Argentina’s sovereign debt crisis, placed a hefty bet on a resolution early in the new year by putting more than a quarter of its Global Allocation fund into the country’s bonds.
The fund’s concentration in Argentine debt is the largest, by far, compared to any other single U.S.-domiciled fund investing in the Latin American nation’s restructured bonds, according to data from Lipper, a Thomson Reuters service.
NEW YORK (Reuters) – Thousands of demonstrators blocked streets, snarling New York City traffic into early Thursday morning, after a grand jury decided not to charge a white police officer for causing the death of an unarmed black man with a chokehold.
Mostly peaceful protests sprang up on Wednesday evening throughout Manhattan, including at Grand Central Terminal, Times Square and near Rockefeller Center, after the panel opted not to indict the officer, Daniel Pantaleo.
NEW YORK (Reuters) – A New York City grand jury decided not to charge a white police officer in the chokehold death of an unarmed black man, sparking outrage and protests on Wednesday, and the U.S. Justice Department said it would investigate the incident.
Eric Garner, a 43-year-old father of six, was accused of illegally selling cigarettes on July 17 when police officers tackled him and put him in a chokehold. Police said he had been resisting arrest. The city’s medical examiner previously ruled the death a homicide.