Results for Argentina
- Argentina Takes Its Debt Case to the U.S. Supreme Court
Argentina has now staked the future of its debt, and perhaps its financial fate, with the United States Supreme Court. Yes, you read that right. Argentina wants the nine justices to weigh in on a case involving its obligations to holders of its governmen ...
Resource Article - global.abi.org - 02/27/2014 - 13:04 - 0 comments - 0 attachments
- Inflation Fuels Crises in Two Latin Nations
Funeral home director Carlos Bianchi's dilemma over how much to charge for his coffins goes a long way in illustrating the economic woes plaguing both Argentina and Venezuela, The Wall Street Journal reported. The Argentine government's cur ...
Daily Headline - global.abi.org - 02/05/2014 - 23:59 - 0 comments
- Dad Can’t Buy Daughter Shoes as Argentine Currency Falls
Jorge Contrera checked a pair of soiled shoes from top to bottom, tried to buff them with his shirt sleeve, then paid 40 pesos ($5) for his 8-year-old daughter’s present. Before Argentina’s devaluation last month, he planned to surprise her with a new pa ...
Daily Headline - global.abi.org - 02/04/2014 - 23:59 - 0 comments
- Argentina Eases Restrictions on Dollar Purchases, After Devaluation
Argentina's government allowed its beleaguered peso to slide farther against the U.S. currency on Friday, saying it would ease limits on the purchase of dollars to stem a possible currency crisis like the one that hammered the country in 2001-2002, ...
Daily Headline - global.abi.org - 01/26/2014 - 22:33 - 0 comments
- Argentina Says Paris Club Debt Restructuring Could Take Months
A final accord on Argentina’s debt with the Paris Club group of creditors could take months to negotiate and wouldn’t place the country’s economic growth and social programs at risk, Economy Minister Axel Kicillof said, Bloomberg reported. Kicillof, pres ...
Daily Headline - global.abi.org - 01/21/2014 - 23:35 - 0 comments
- Why Eurozone Should Monitor US Supreme Court Decision On Argentina
What the US Supreme Court decides in a key court case involving Argentina and its bondholders will greatly impact how sovereign debt restructuring is done in the future, the BBC reported. The essence of the decade-long lawsuit between the country and a h ...
Daily Headline - global.abi.org - 01/13/2014 - 23:01 - 0 comments
- LATIN AMERICA UPDATE: Argentina Bondholders Are 2-0 Enforcing Their Contractual Rights
LATIN AMERICA UPDATE: Argentina Bondholders Are 2-0 Enforcing Their Contractual Rights (citation: Richard J. Corbi and Oscar N. Pinkas, Argentina Bondholders Are 2-0 Enforcing Their Contractual Rights, XXXIII ABI Journal 1, 26-27, 60, January 2014) - Richard J. Corbi and Oscar N. Pinkas ...
Resource Article - abi_editor - 01/07/2014 - 18:37 - 0 comments - 0 attachments
- US Supreme Court Declines To Review Argentine Debt Case
The US Supreme Court on Monday refused to consider a landmark appeal by Argentina of a lower court's order to pay around $1.5 billion to two hedge funds, the Global Post reported on an Agence France-Presse story. But the decision did not end Arg ...
Daily Headline - global.abi.org - 10/08/2013 - 21:56 - 0 comments
- Supreme Court Takes No Action on Argentina Bond Case
The U.S. Supreme Court on Tuesday took no action on an appeal by the government of Argentina in a closely watched sovereign-debt case, The Wall Street Journal reported. The high court added eight new cases to its docket Tuesday but made no mention of ...
Daily Headline - global.abi.org - 10/01/2013 - 20:38 - 0 comments
- Risk Of Default Adds To Woes For Argentina’s Fernández
The thriving currency black market on postcard Florida Street in the commercial centre of Argentina’s capital is a result of strict foreign exchange controls introduced in 2011 to stem capital flight, the Financial Times reported. In the “caves”, dol ...
Daily Headline - global.abi.org - 09/16/2013 - 21:30 - 0 comments