Argentina

26.02.2015

Greece’s choice: save the people or the banks?

Greece’s choice: save the people or the banks?

The recent rise to power of the left wing party Syriza with Tsipras as Prime Minister has renewed expectations about the paths that the country can take to resolve her crisis. Tsipras’s promise to put an end to the extreme measures generated favourable expectations, but the question that arises is… »

21.02.2015

Letter from UK citizens to the Argentine Embassy in London

Letter from UK citizens to the Argentine Embassy in London

London, 21 February- The Argentina Embassy in London has received from a wide range of personalities from various sectors in the UK – journalists, politicians, intellectuals and union leaders, as well as local activists – a statement regarding solidarity with the victims of the AMIA bombing in 1994, which also… »

16.09.2014

Doctors Who Worked With Argentinian Dictatorship, to Trial, A First

Buenos Aires, Sep 15 (Prensa Latina) For the first time since the last civil-military dictatorship (1976-1983), medical professionals who participated in clandestine deliveries in order to kidnap the babies born to female prisoners who then disappeared without a trace, are headed to trial. The daily newspaper Pagina 12 reported… »

27.08.2014

VULTURE FUNDS: The Central Bank revokes BoNY authorization to operate in Argentina

VULTURE FUNDS: The Central Bank revokes BoNY authorization to operate in Argentina

According to Telam, The Central Bank of the Argentine Republic (BCRA) revoked BoNY (Bank of New York Mellon) authorization to operate in Argentina, based on the fact that payment to the restructured bondholders was not carried out, said the Cabinet Chief, Jorge Capitanich. The decision was taken after BoNY’s… »

14.08.2014

Cry for Argentina: Fiscal Mismanagement, Odious Debt or Pillage?

Cry for Argentina: Fiscal Mismanagement, Odious Debt or Pillage?

Analysis by Ellen Brown SONOMA, California, Aug 14 2014 (IPS) – Argentina has now taken the U.S. to The Hague for blocking the country’s 2005 settlement with the bulk of its creditors. The issue underscores the need for an international mechanism for nations to… »

09.08.2014

Argentina Seeks to Sue U.S. at The Hague over Debt Dispute

Argentina has taken steps to sue the United States at the International Court of Justice over a debt dispute that sent the country into default. In a petition to the U.N. tribunal, Argentina accuses U.S. courts of violating its sovereignty by siding with vulture funds led by billionaire Paul… »

07.08.2014

Argentina Contacts US Banks

Argentina Contacts US Banks

Buenos Aires, Aug 6 (Prensa Latina) Argentina is in contact with the Citibank and the Bank of New York to timely transfer its payments to the creditors that agreed to restructure the country”s debt and that were blocked by [US] Judge Thomas Griesa. The decision was notified the eve… »

17.07.2014

Argentina Deplores Announcement on Vulture Funds

Argentina Deplores Announcement on Vulture Funds

Buenos Aires, Jul 16 (Prensa Latina) The Argentine Government deplored today a paid announcement on the vulture funds published by the Clarin and La Nacion newspapers asserting that the country undergoes a technical suspension of payments. Jorge Capitanich, Chief of the Cabinet of Ministers, asserted this morning that Argentina does… »

27.06.2014

Argentina Government Highlights World Support against Vulture Funds

Argentina Government Highlights World Support against Vulture Funds

Buenos Aires, Jun 26 (Prensa Latina) The head of the Argentinian Cabinet, Jorge Capitanich, today thanked the international community for its increasing clear, strong, and longstanding support in his country´s fight against vulture funds. Capitanich highlighted the recent support given by the Group 77 plus China which unanimously expressed… »

24.06.2014

Argentina Alleges Extortion After Supreme Court Sides with Vulture Funds Preying on Sovereign Debt

Argentina Alleges Extortion After Supreme Court Sides with Vulture Funds Preying on Sovereign Debt

We look at a case that is being called the “trial of the century” in how poor countries repay sovereign debt. This week, the U.S. Supreme Court rejected an appeal from Argentina over its $1.5 billion debt in a ruling critics say validates predatory behavior by so-called “vulture funds.” The… »

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