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Buenos Aires :: Argentina | 16 hours ago

Credibility Credibility of 5

Tuesday's meeting was historic in that it was the first time the opposing sides met for face-to-face talks. In a statement, Pollack said whether the parties will meet again Wednesday remains to be determined overnight. Although the parties had a

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Buenos Aires :: Argentina | 1 day ago

Credibility Credibility of 5

Argentina risks financial default unless it reaches an agreement with a group of holdout bondholders by Wednesday...In 1998, Argentina fell into recession and faced crushing payments on its international debt. As it tried to avoid default in 2001, it

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Buenos Aires :: Argentina | 1 day ago

Credibility Credibility of 5

U.S. judge presiding over a high-stakes lawsuit involving defaulted Argentine debt has allowed Argentina to make a one-time payment this week on bonds issued under the South American country's law. Argentina still risks defaulting Wednesday after

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Buenos Aires :: Argentina | 2 days ago

Credibility Credibility of 5

Argentina Argentina's government is resuming negotiations in a dispute with US. creditors that risks sending the country into default this week. Cabinet Chief Jorge Capitanich said Monday that an Argentine delegation will travel to New York and meet

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Buenos Aires :: Argentina | 3 days ago

Credibility Credibility of 5

When Argentina last defaulted on this debt, in 2001, it was the biggest sovereign default ever. It led to a debt restructuring and the country's deepest recession since the Great Depression. The political turmoil was so bad that the country had five

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Buenos Aires :: Argentina | 4 days ago

Credibility Credibility of 5

Argentina looks set to default on its debt for the second time in 12 years next Thursday as negotiations with "holdout" investors seemingly go nowhere and neither side shows signs of blinking first, though a last minute deal can't be discounted...

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Buenos Aires :: Argentina | 6 days ago

Credibility Credibility of 5

Argentina will default in just a few days unless the country can find a way to satisfy creditors that are owed roughly $1.5 billion. The country's only remaining option appears to be negotiations -- and a compromise. If a deal is not reached, the

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Buenos Aires :: Argentina | 6 days ago

Credibility Credibility of 5

There are few signs that, on July 30th, Argentina could default for the eighth time...The countdown started on June 16th, when the Supreme Court of the United States announced that it would not get involved in Argentina's battle with NML Capital, a

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Buenos Aires :: Argentina | 9 days ago

Credibility Credibility of 5

Argentina asked a U.S. judge on Monday to put on hold an order requiring it to pay bondholders who did not participate in debt restructurings following the country's 2002 default, while it seeks a "global resolution." Ahead of a July 30 deadline to

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Kolkata :: India | 10 days ago

Credibility Credibility of 5

In the Roman era, bankruptcy law was a species of criminal law and a bankrupt was regarded as a criminal and subjected to cruelty, public flogging, imprisonment or sold as a slave along with family. Bankruptcy codes evolved in medieval Europe to

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