NEW YORK (Reuters) – Argentina will seek on Wednesday to persuade a U.S. appeals court to reverse an order that it pay $ 1.3 billion to a group of dissident bondholders stemming from the country's 2001 default, a showdown that could have wide impact on global debt markets. The arguments at the 2nd U.S. Circuit [...]
Posts Tagged ‘Argentina’
Argentina asks U.S. court to block payouts for debt holdouts
NEW YORK (Reuters) – Argentina is urging a U.S. appeals court to reverse an order requiring the country to pay $ 1.33 billion to creditors who did not participate in its two debt restructurings, a legal case that could have huge ramifications for global debt markets. Lawyers for Argentina’s government said in court papers filed [...]
Argentina asks U.S. judge to wait for bond dispute appeal
NEW YORK (Reuters) – Argentina asked a U.S. judge late on Friday to maintain his order blocking payment on defaulted sovereign bonds to holdout investors until lingering questions are settled in a higher court’s appeals process. Less than 15 minutes before a midnight deadline on Friday, Argentina’s lawyers filed their brief outlining why U.S. District [...]
With eye on 2013 midterms, Argentina cuts voting age to 16
BUENOS AIRES (Reuters) – Argentina lowered its voting age to 16 from 18 on Wednesday, a change that could help politically ailing President Cristina Fernandez court the youth vote ahead of 2013 mid-term elections. Dozens of opposition members of the lower house of Congress walked out of the rancorous late-night session just before the measure [...]
Argentina, Iran say to talk until 1990s bombings resolved
BUENOS AIRES (Reuters) – Argentina and Iran will keep talking until they resolve diplomatically sensitive issues stemming from two 1990s attacks on Jewish targets in Buenos Aires that were allegedly sponsored by Tehran, both countries said on Thursday. Dialogue with Tehran is risky for Argentina, even if the focus is on Tehran's possible culpability in [...]
Argentina deploys military police in fuel strike
BUENOS AIRES (Reuters) – Argentina’s government sent military police to take control of fuel plants and get trucks back on the road on Wednesday, the first day of a truckers’ pay strike that could cause widespread shortages. The country’s powerful truck drivers union defied a government order for talks and launched the three-day protest, disrupting [...]
Argentina nationalizes oil company YPF
BUENOS AIRES (Reuters) – Argentina’s Congress nationalized the country’s biggest oil company, YPF, by an overwhelming lower house vote on Thursday that underscored broad popular support for a measure that threatens to scare off foreign investment. The Chamber of Deputies voted 207-32 in favor of expropriating YPF, clearing the way for President Cristina Fernandez to [...]
Argentina ex-dictator admits dirty war “disappeared”
BUENOS AIRES (Reuters) – Former Argentine dictator Jorge Rafael Videla has admitted for the first time that the country’s brutal 1976-1983 dictatorship “disappeared” leftist opponents, a euphemism for kidnapped and murdered, and said babies were taken from their parents. Videla, 86, who was jailed for life in 2010 for murder, torture and kidnapping, has repeatedly [...]
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