Argentina must pay US$5.4 billion to more than 500 "me-too" holders of defaulted debt before it can pay the majority of its creditors, a US judge ruled today.
Lee Buchheit, one of the lawyers from the firm Cleary, Gottlieb, Steen and Hamilton that represent Argentina in the ongoing conflict with holdout investors, has said the dispute between the South American country and so called “vulture funds” is bound to continue for years.
Lawmaker Francisco De Narváez has dropped out from the Buenos Aires gubernatorial race, where he was to compete against Mónica López in the Renewal Front (FR) primaries.
Mauricio Macri said his candidate in the province of Buenos Aires was María Eugenia Vidal, rejecting the possibility of an electoral alliance with Renewal Front’s Sergio Massa, amid growing speculations that both opposition politicians could clinch a deal to challenge the federal government together.
A cyber breach into US government workers' personnel data is being investigated as a national security matter, a US official told reporters.
Metropolitan airport Jorge Newbery was closed due to the presence of fog. Authorities were forced to cancel several flights. Three flights had to be diverted diverted to other terminals.
Bank workers have sealed a 27.8 percent wage increment with business representatives gathered in the Private and Public Banks Association (ABAPPRA).
The US dollar closed half a cent higher at 9.025 pesos todaywhile the "blue" parallel rate ended one cent higher at 12.65 pesos in underground houses, according to ambito.com.
The Dow and S&P 500 eased as increasing expectations the Federal Reserve could raise rates as soon as September offset optimism over a recovery in the US labor market.
By Pablo SuárezCompulsive slide into anorexia not just a cautionary tale
The Supreme Court was the first branch of the state to make a move after the massive demonstration held on Wednesday under the slogan “Ni Una Más” (Not One Less) that gathered hundreds of thousands of peole in front of the National Congress and across the country.
• A deafening cry sweeps country
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