By: Leandro Gabin Goldman Sachs, HSBC, UBS and Deutsche Bank met with the Economy Minister to analyze options that allow a settlement on the debt with the funds that didn’t enter the swap. Countdown begins for Argentina to close positions with the creditors before an unfavorable ruling in U.S. courts

Infobae: “Kicillof evaluating four proposals to move ahead on a solution with the holdouts”  By: Leandro Gabin

Goldman Sachs, HSBC, UBS and Deutsche Bank met with the Economy Minister to analyze options that allow a settlement on the debt with the funds that didn’t enter the swap.  Countdown begins for Argentina to close positions with the creditors before an unfavorable ruling in U.S. courts

 

La Nacion: “The government asked the U.S. Supreme Court to take the dispute with the vultures”  by Silvia Pisani

Said that if the previous rulings are upheld it will not be able to pay those who accepted the swap  

 

Clarin: “Strong petition to the U.S. Supreme Court over vulture funds”  by Ana Baron

With similar arguments, but with much more virulent language, asked to review Judge Griesa’s rulings

 

Clarin: “For Economy there were “erroneous decisions””  Por Marcela Pagano

 

Ambito Financiero: “Vultures: Argentina, before the U.S. Court, insisted on the danger of default” by: Carlos Burgueño

• Final appeal filed yesterday

• Government rejected restructuring offer from Gramercy- Deutsche Bank.

 

Ambito Financiero: “Negotiate, yes or no?” (no byline)

 

El Cronista: “To avoid default, Argentina asked the U.S. Court to reverse pro-vulture rulings”  (no byline)

The country’s attorneys made the filing yesterday.  They asked the institution to reverse previous rulings that order US$1.33 payment to the holdouts.  

 

El Cronista: “Map for understanding the judicial battle between Argentina and the vulture funds” by MARÍA ELENA CANDIA Buenos Aires

The litigation that the government is carrying out in New York against the holdouts enters its final stretch, while the judicial process is carrying out a long fight.  The Argentine strategy will seek to extend the resolution of the case to 2015.  

 

Pagina/12: “To cut the actions of the vulture funds” by Cristian Carrillo

The government made its filing before the highest court of the United States.  It’s the last round for reversing the order to pay the vultures US$1.33 billion at once.  How the case is going and what are Argentina’s arguments.  

 

 

OTHER NEWS ITEMS:

·         Debt repayments to the World Bank, as well as more energy imports, caused the BCRA reserves to fall again yesterday, by US$70 million.  The blue dollar was stable at 11.78, and the official dollar fell to 7.77.

·         The nominally “pro-government” CGT leader Antonio Calo says he is backing public teachers in their salary increase demands, which adds further pressure on the national government to give more ground on its hardline approach to ceilings.

·         YPF signed an MOU with Petronas, of Malaysia, on exploration of Vaca Muerta.

·         El Cronista reports that pro-K businessman Cristobal Lopez (who owns InfoBAE group) opened the doors on his new gaming operation, Dania Casino & Jai Alai, in Dania Beach, Florida, yesterday.

·         Cristina is celebrating her 61^st birthday in El Calafate.