Argentina faces an uncertain future

The current default of the Government of the Argentinean President Cristina Kirchner, may bring down the laborious exchange operations after failing to agree on 7% of the vulture funds. “Between 2005 and 2010 there was an effective reduction of the debt of the private...

Argentina President refused default in payments

Argentina’s President Cristina Fernández spoke on the suspension of payments after the failure in the negotiations with the funds litigated in U.S. courts. “Preventing that someone pays is not default,” she said. The ruler refused again that the country entered...