News of default

Debt default case: US appeals court delivers new legal setback

22-08-2024 00:43 A United States appeals court on Wednesday upheld a judicial ruling authorising an embargo on US Treasury bonds used by Argentina to guarantee the issuing of debt.

EDITORIAL

In default and by default

10-08-2024 05:45 The moral bankruptcy of the main opposition front is a vital lifeline for a government facing enormous difficulties in restructuring Argentina.

MONETARY POLICY

Central Bank likely to hold rate despite inflation spike

09-10-2023 21:04 Argentina’s Central Bank board plans to keep its benchmark interest rate unchanged despite inflation data hovering around a three-decade high.

DEFAULT SECURITIES

US congressional complaint revives criticism of Argentina default litigation

15-09-2023 19:06 US congresswoman alleged corruption in historic Argentina 'vulture funds' ruling; Ocasio-Cortez spoke at a hearing on third-party litigation and alleged that Supreme Court Justice Samuel Alito is friends with Paul Singer, who led the 2001 debt litigation against nation.

DEFAULT ON THE CARDS?

Argentina vote shock leaves investors dreading the next default

16-08-2023 14:05 Investors are fretting about the implications of negotiating with little-known populist Javier Milei when an all-but-inevitable deby restructuring process comes.

RATINGS AGENCy

Argentina default on foreign currency debt 'imminent,' says Fitch

25-03-2023 09:34 Fitch Ratings downgraded Argentina's foreign currency debt on Friday by two notches to leave it hovering one level above default.

DEBT DEBATE

UN development chief sounds alarm over debt distress

06-03-2023 12:23 A top United NAtions official has warned that "urgent" measures are needed to help 52 countries, including Argentina, facing debt repayment problems that put some at risk of default.

Debt bond buyback

What’s a default? Argentina’s debt buyback splits S&P, Moody’s

27-01-2023 14:35 The world’s most-watched credit assessors are split after Moody’s Investors Service classified Argentina's plan to repurchase its debt in the open market as a distressed exchange.