News of default

Corporate defaults start piling up as Milei policies kick in

07-05-2025 12:28 As Javier Milei removes the distortions that once characterised Argentina’s economy, companies that bulked up on debt by exploiting exchange rate gaps are hurting.

US COURT RULING

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.