Argentina

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… »

19.06.2014

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

Democracy Now! 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… »

01.06.2014

Argentina Reaches Deal to Repay Debts Without IMF Involvement

Argentina Reaches Deal to Repay Debts Without IMF Involvement

Democracy Now! Argentina has reached a landmark deal with a group of creditor nations to repay its longstanding debt without the involvement of the International Monetary Fund. Argentina is still trying to recover from a massive economic crisis and default more than a decade ago, which followed years… »

25.03.2014

Argentina Gets More Support in Litigation over Vulture Funds

Argentina Gets More Support in Litigation over Vulture Funds

Buenos Aires, Mar 25 (Prensa Latina) Argentina got more support before the deadline set by the U.S. Supreme Court, where it filed an appeal against a New York judge”s ruling favoring vulture funds that might have unpredictable consequences. On Monday, when the deadline was set, Nobel Prize winner Joseph… »

06.02.2014

Crises swamping developing economies

By Martin Khor* | IDN-InDepth NewsAnalysis   GENEVA (IDN) – Several developing countries are now being engulfed in new economic crises as their currency and stock markets are experiencing sharp falls, and the end is not yet in sight. The “sell-off” in emerging economies has also spilled over to… »

25.01.2014

Argentine Activists Win First Round Against Monsanto Plant

Argentine Activists Win First Round Against Monsanto Plant

By Fabiana Frayssinet for IPS news CORDOBA, Argentina, Jan 25 2014 (IPS) – Residents of a town in Argentina have won the first victory in their fight against biotech giant Monsanto, but they are still at battle stations, aware that winning the war is still a long way… »

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