Oct 22, 2014
Oct 22, 2014
Oct 21, 2014
Oct 21, 2014
Oct 21, 2014
Sep 17, 2014
Sep 10, 2014

Argentina says U.N. vote vindicates its debt fight against ‘vultures’

BUENOS AIRES, Sept 10 (Reuters) – The Argentine government
said Wednesday that its refusal to repay a group of U.S. hedge
funds that stand to profit on the country’s defaulted debt was
vindicated by the United Nations’ support for a multilateral
plan handling bond restructurings.

The lengthy legal battle between Argentina and the
investment funds that snapped up its bonds on the cheap after
its record 2002 default and are suing for 100 cents on the
dollar led to the Buenos Aires government defaulting again in

Aug 22, 2014

Argentina slams U.S. Judge Griesa for ‘imperialist’ attitude

BUENOS AIRES (Reuters) – Argentina on Friday accused the U.S. judge who called the country’s new debt restructuring plan illegal of making “imperialist” comments against the South American nation.

Latin America’s No. 3 economy tipped into its second default in 12 years in July after U.S. District Judge Thomas Griesa blocked payments to holders of debt issued under U.S. law that was restructured following its record default in 2002.

Aug 20, 2014

Argentina’s default strategy raises debt acceleration risk

BUENOS AIRES (Reuters) – Argentina’s plan to restructure its external debt to skirt a U.S. ruling that prevented it paying its creditors boosts the risk of investors demanding the accelerated payment of their bond holdings.

Its second default in little over a decade opened Latin America’s No. 3 economy to the possibility of creditors declaring the principal value of their bonds and interest due immediately – a process known as acceleration.

Aug 8, 2014

Argentina holds zero hopes of quick debt fix by U.S. judge

BUENOS AIRES, Aug 8 (Reuters) – Argentina has no
expectations that the U.S. judge at the center of its debt
battle with holdout investors that has plunged the country into
default will take steps to help resolve the saga, a senior
government minister said on Friday.

Argentine Cabinet Chief Jorge Capitanich said U.S. District
Judge Thomas Griesa could suspend his ruling that orders
Argentina to pay in full New York hedge funds before it resumes
payments on a separate stock of bonds on which Buenos Aires is
now considered by financial markets to be in default.