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BREAKING NEWS
Cristian Espinosa was appointed Ambassador of Ecuador to the United States
Daniel Noboa receives the credentials of the new United States ambassador
40,000 women will receive scholarships in higher education
Julian Assange released from prison, after agreement with the United States
Armed Forces: Criminal gangs have lost USD 1.2 billion due to military operations in Ecuador
Minister of Defense: “It is not fair that some risk their lives, while others play with justice”
How can green banana flour enhance baked goods?
“I’m crazy for wanting to serve my country,” says Daniel Noboa at the presentation of “La Cárcel del Encuentro” in Santa Elena
Construction of the Encuentro maximum-security prison in Santa Elena begins
National blackout in Ecuador due to transmission line failure, confirms the Government

Judge Griesa warns about declaring Argentina in ‘contempt’

Posted On 09 Aug 2014

griesa-juezThe American judge Thomas Griesa said yesterday to Argentina that the country would be declared in ‘contempt’ if they continue making ‘false and misleading’ statements about the dispute with hedge funds.

Griesa referred to 2 legal ads published by Argentina last Thursday in the New York Times and Wall Street Journal newspapers, in which they expressed their vision of the current situation to the holders of restructured bonds, who have been unable to charge them in order of Griesa.

“The court warns again about false and misleading claims of Argentina and understands that this warning will be heard. If it is not, the court will be in need to declare contempt”, Griesa said.

The judge ruled in favor of speculative funds for charging $ 1,330 million in defaulted Argentinean bonds since 2001, after this, in July 30, Argentina went into partial default.

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