Rabu, 30 Juli 2014

Argentina Hours Away From Default

Graffiti in Buenos Aires says, “No to the payment of the debt.” Hedge funds have won court victories demanding full payment on the bonds. Credit Marcos Brindicci/Reuters

Argentina Hours Away From Bond Default -- BBC

Argentina's economy minister is expected to return to the negotiating table on Wednesday in a last-ditch attempt to prevent the country defaulting on its bonds.

Axel Kicillof's talks with "hold-out" investors ended late on Tuesday night in New York without agreement.

They are demanding a full pay-out of $1.3bn (£766m) on the bonds they hold.

A US judge has ruled that the "hold-outs" must be paid by Wednesday night if no deal is agreed.

But thousands of miles away in Buenos Aires, many are sceptical that there can be any agreement.

Read more ....

More News On Argentina Being On The Verge Of Default

As Talks Falter, Bond Default by Argentina Appears Likely -- NYT
Argentina talks go long as debt deadline looms -- USA Today/AP
Argentina is about to choose a sovereign default that could wipe out its foreign reserves -- Quartz
How Argentina’s Default May Trigger $29 Billion in Claims -- Bloomberg
It's the end of Argentina as we know it, and the world economy will be just fine -- Heidi Moore, The Guardian
If Argentina Defaults, Then What? -- Mike Cherney, WSJ
The Economist explains: Why Argentina may default on its debts -- The Economist

Tidak ada komentar:

Posting Komentar