default

By Carlos Salguero EspañolArgentina's latest default in  2014 caused a financial earthquake. The US Supreme Court ruled in favor of investment funds Elliott Management Corp, Aurelius Capital Management LP, and NML Capital Ltd, which…
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Español Argentina's default saga, with the nation and her bondholders in bitter confrontation, has begun a new chapter. US Judge Griesa ruled in favor of some holdouts — known as the "vulture funds" — and continues to hope Argentina…
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EspañolAs occurred 13 years ago, Argentina has defaulted again on its international obligations. Yesterday, arduous negotiations between Argentina's representatives and her creditors failed to bring an agreement, and the national debt is…
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Español US Judge Thomas Griesa, in charge of the case between the Argentinean government and the so-called vulture funds, yesterday denied an interim measure to suspend his judicial decision. It mandates that Argentina's central government…
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EspañolMajor US investment houses and many small investors stand to lose billions of dollars, thanks to what appears to be the imminent default of Puerto Rico. In a Business Week interview, Richard Larkin, director of credit at Herbert J.…
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The government of Nicolás Maduro has decided to selectively default on Venezuela's domestic commercial debt, economists and analysts told AFP on Wednesday. It has kept up payments of external debts, on its sovereign bonds, and those of…
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