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Caribbean-Latin America
We won't pay $1.5bn to US: Cristina Fernandez
2014-06-18
[Iran Press TV] Argentina President Cristina Fernandez de Kirchner says her country refuses to go along with a US judge's ruling requiring a USD 1.5 billion repayment of defaulted bonds.

Argentina cannot pay the disputed bonds in full but is still willing to remain at the negotiating table, said the president during a national address Monday night.

The statement came hours after the US Supreme Court refused to hear Argentina's appeal and left the order in place.
Posted by:Fred

#9  Argentina = Christina = is being the MilPol Agressor that future OWG SOUTH AMERICAN UNION + current Mercusor Bloc El Supremo BRAZIL was supposed to be???
Posted by: JosephMendiola   2014-06-18 21:04  

#8   Discussion of Argentina failure per SpaceX
Posted by: 3dc   2014-06-18 18:15  

#7  Shipman, look at Supreme Court ruling against SpaceX on this issue. They made a mistake to sell a launch so some country that might turn out bankrupt.
Posted by: 3dc   2014-06-18 18:08  

#6  Just print the bernanke bucks yourself.
Posted by: Bright Pebbles   2014-06-18 17:09  

#5  hint: call it a student loan
Posted by: Frank G   2014-06-18 11:37  

#4  Restructured also means paid off debtors and 25 cents on the buck, except for the vultures who bought low. In this rare case I hope they get lucky.
Posted by: Shipman   2014-06-18 11:06  

#3  Vultures have their uses. I hope those bastards find another government ship or maybe an aircraft and get more for it it this time.
Posted by: Shipman   2014-06-18 11:05  

#2  It has since twice restructured its debt in 2005 and in 2010.

Restructured = allowed to grow tenfold.
Posted by: Raj   2014-06-18 09:52  

#1  The South American country may also lose use of the US financial system

Thanks to the Fed, that's becoming less and less of a problem. Another one of those Hopey Changey thingys of the transformation of America.
Posted by: Procopius2k   2014-06-18 09:04  

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