• ENGLISH
  • ESPAÑOL
facebook
twitter
  • National>Entertainment
  • National>Local Economics
  • National>Local Politics
  • National>Society
  • National>Sports
BREAKING NEWS
A bacterium protects the lupine from its main threat and would increase grain production in Ecuador
Despite pandemic, air transport of flowers was the second best in eight years
Germany, Ecuador and Ghana concerned about marine plastic pollution
Minister of Government assures that possible links between gangs involved in crimes in Ecuador’s prisons with Mexican and Colombian organizations are being investigated
The judge does not revoke the preventive detention that weighs on Jacobo Bucaram Pulley, but due to a health problem he ordered his house arrest in Guayaquil
Judge dictates preventive detention against three of the 4 detainees in the Isspol case
Low in oil production in Ecuador makes it difficult to take advantage of the so-called ‘super cycle’ of crude prices
Rafael Correa would be behind the riots in the prisons of Ecuador
‘Jorge Chérrez’s companies owe $ 20 million in interest to Isspol’
Ecuador entered the bid for vaccines against covid-19 since July 2020

Argentina deposited over $1,000 million for hedge funds

Posted On 27 Jun 2014

Axel_KicillofThis Thursday Argentina deposited about 1,000 million to cancel the debt owed by hedge funds.

“The Argentina Republic, in fulfillment of the contract with the holders who adhered to the exchange, has proceeded to the payment of capital and interest services”, said Economy Minister Axel Kicillof.

The deposit of more than $1,000 million from Argentina was done yesterday as payment to the holders of the debt that matures next Monday. Meanwhile, Argentina negotiated with creditors of defaulted bonds to avoid a default.

However, a judgement of the U.S. judge Thomas Griesa do not allow creditors who accepted the established debt to cash out the money if Argentina does not pay also to  the dissenting holders that require complete liquidation.

Griesa said in his judgement that the U.S. banks that process payments of the Argentina´s debt must withhold the money.

About the Author
  • google-share
Previous Story

Timerman exposes Argentina’s stance on Malvinas issue

Next Story

Argentine vice president faces trial

SEARCH

LATEST NEWS

A bacterium protects the lupine from its main threat and would increase grain production in Ecuador

Posted On 26 Feb 2021

Despite pandemic, air transport of flowers was the second best in eight years

Posted On 26 Feb 2021

Germany, Ecuador and Ghana concerned about marine plastic pollution

Posted On 26 Feb 2021
Copyright © 2010 - 2019. All Rights Reserved. EcuadorTimes.net