COURT RULING Argentina ordered to pay deposit in UK hedge funds case 22-02-2024 11:24 Argentina must pay a large deposit in a case brought by four hedge funds seeking US$1.5 billion in compensation for losses in the nation’s growth-linked securities.
YPF COURT CASE YPF case: Argentina pleads with US judge over presenting of collateral 08-01-2024 17:06 Argentina requests relief From Burford’s Capital's intent to seize assets over 2012 YPF nationalisation case.
MARKETS Argentina ETF sees biggest outflow since 2021 ahead of election 19-10-2023 13:36 An exchange-traded fund that tracks Argentine stocks saw its biggest outflow in more than two years ahead of this weekend’s presidential vote.
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.
IMF DEBT PROGRAMME Massa packs bags for Washington and IMF meeting 16-08-2023 13:59 Just days after being defeated by Javier Milei at the ballot box, Sergio Massa schedules visit to Washington for talks with International Monetary Fund designed to shore up Argentina's economy.
economy Brazilian hedge fund Vista makes small Argentina bet ahead of election 13-07-2023 18:44 One of Brazil’s best-performing hedge funds is building a position in Argentina ahead of a presidential election that could result in a regime change.
POLITICS & ECONOMY – ANALYSIS Griesa’s ghost and the return of the ‘vulture funds’ 08-04-2023 06:25 The YPF court ruling ultimately represents a failure to face and resolve the structural challenges of the beleaguered sovereign and its never-ending attempts to escape a chronic cycle of ineptitude. by Agustino Fontevecchia
COURT RULING Argentina loses US$1.5-billion UK case over GDP-linked bonds 05-04-2023 10:47 Argentina must compensate investors for losses in the country’s growth-linked securities after the nation changed the method of calculating gross domestic product, a London court ruled.
POLITICS & JUDICIARY Government summons Congress to debate Supreme Court impeachment 13-01-2023 18:06 President Alberto Fernández’s government calls extraordinary sessions of Congress, starting January 23; Among bills are one that would impeach members of the Supreme Court for "poor performance."
REVENUE-SHARING ROW Alberto Fernández now says he’ll comply with top court order 26-12-2022 14:00 Days after saying he would not comply with a Supreme Court order that called for it to return federal funds to the Buenos Aires City government, President Alberto Fernández says will he honour the decision.
US-ARGENTINA RELATIONS Massa seals tax info exchange deal with United States 06-12-2022 22:29 Argentina’s Economy Minister Sergio Massa wins over Washington and signs an agreement with US Ambassador Marc Stanley guaranteeing the exchange of tax information from Internal Revenue Service.
NEW FUNDING IDB signs off on US$700 million loan for Argentina 12-10-2022 17:01 Inter-American Development Bank announces US$700-million loan to Argentina to "strengthen the country's public finances" and "protect social spending."
IMF DEBT DEAL IMF board approves review, frees up additional US$3.8 billion in funds 08-10-2022 10:17 International Monetary Fund's board approves a new loan tranche of US$3.8 billion to Argentina; Government granted two waivers.
DEBT TALKS Paris Club requires Argentina stick to IMF deal to rework debt 07-07-2022 14:20 Paris Club group of wealthy creditors says government must give assurances that it will comply with IMF deal if talks over restructuring of debt are to continue.
DEBT RESTRUCTURING Argentina formalises debt repayment deferment with Paris Club 31-05-2022 13:07 President Alberto Fernández's government reaches a deal with the Paris Club to postpone payments on more than US$2 billion of debt for more than two years.
PARIS CLUB DEBT Postponement of Paris Club debt payment gives breathing room 23-03-2022 15:39 Argentina's government has secured an extension of an agreement with the Paris Club group of rich nations that allows it to postpone an imminent payment of about US$2 billion.
DEBT RESTRUCTURING Argentina extends Paris Club talks over US$2 billion to June 30 23-03-2022 14:02 Argentina reaches an agreement Tuesday with a group of wealthy nations known as the Paris Club to finalise by June 30 a repayment programme on US$2 billion of debt.