Washington Post
Friday, July 12, 2013
By Tom Hamburger and Carol D. Leonnig
A 10-year legal and lobbying battle that pits a prominent Republican campaign donor against the government of Argentina has drawn the attention of the Obama administration, which may end up siding with Argentina.
Justice Department officials met Friday with lawyers from both parties in the case as the government ponders whether to take the unusual step of wading into the dispute before the Supreme Court asks it to, according to people familiar with the meeting. A dozen representatives from the Treasury and State departments also attended.
MercoPress
Sunday, July 14, 2013
According to the article published on the daily's online edition, the Barack Obama could “end up siding with Argentina” in an “unusual move” that will get the White House involved in the legal row before the US Supreme Court “asks it to.”
Forcing sovereign nations to repay their overdue debts is a controversial topic in the developing world and in the halls of US government agencies. Bondholders who buy defaulted debt at a discount are often derisively called “vulture capitalists” for trying to profit from the financial woes of struggling nations.
Buenos Aires Herald
Saturday, July 13, 2013
US Justice, Treasure and State Department officials met with lawyers both from Argentina and vulture funds that refused to accept the South American country's debt swap, The Washington Post reported.
According to the article published on the daily's online edition, the Barack Obama could “end up siding with Argentina” in an “unusual move” that will get the White House involved in the legal row before the US Supreme Court “asks it to.”
Buenos Aires Herald
Friday, July 12, 2013
As a result of the judicial dispute between Argentina and the “Vulture Funds”, President Cristina Fernández de Kircher revealed that a few countries in Europe are not a flying option for her, during the Mercosur meeting in Montevideo, Uruguay .
“I am going to be extremely sincere. I cannot fly to some countries in Europe with my presidential airplane, because there might be a judge who will dispose a seize after a Vulture Fund request”, explained Fernández de Kirchner.
Buenos Aires Herald
Monday, July 15, 2013
The Foreign Ministry yesterday confirmed that President Cristina Fernández de Kirchner will for the second consecutive year not attend the AMIA Jewish community association’s memorial to commemorate the anniversary of the terrorist attack on its headquarters, which killed 85 and injured more than 300 in 1994.
Relations between the president and the majority of the Jewish community have been tense since the Kirchnerite majority at Congress ratified a treaty with Iran to jointly investigate the bombing.
MercoPress
Friday, July 12, 2013
”The German judiciary today (Thursday) rejected the first petition from holders of defaulted Argentine bonds,“ read an official Argentine government statement confirming the ruling.
On Wednesday, a Belgian court had ordered the lifting of the embargo on Argentine diplomatic bank accounts, which had been requested by financial speculators NML, whose request to cash in their 'defaulted' bonds was rejected.
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