Thread: Argentine Economy
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03-20-16 11:14 #1551
Posts: 577Argentina, creditors agree to $155 million more in default settlement: mediator
If I have read the below linked article correctly, it looks as if the Argentina Government is robbing Peter to pay Paul.
http://finance.yahoo.com/news/argent...--finance.html
Tres3.
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03-03-16 12:45 #1550
Posts: 577Try to end the confusion
Originally Posted by DaddyRulz [View Original Post]
Tres3.
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03-03-16 11:26 #1549
Posts: 2808I'm confused
Originally Posted by BobbyDoerr [View Original Post]
I always through that Singers group had bought up the default bonds for pennies on the dollar. I assumed that for years until I was directed to some information that said they paid around 70 cents on the dollar. If that is true, how could the original debt have been 80 billion, Argentina will be paying I think the article said around 10 billion and Singers group will see nearly 400% on the original investment?
Not disputing, just curious.
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03-03-16 10:32 #1548
Posts: 30Sleepless Nights of Minions
Originally Posted by Tres3 [View Original Post]
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03-02-16 17:02 #1547
Posts: 577Hedge funds poised to make massive gains on Argentina bonds
I guess all of the sleepless nights endured by Singer's minions are going to finally pay off--if the Argentina Congress does not fuck it up.
http://finance.yahoo.com/news/hedge-...144957191.html
Tres3.
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02-29-16 15:01 #1546
Posts: 577Argentina and US creditors reach deal in longstanding spat
The below link seems to indicate that the Argentina debt debacle is almost over -- if the Argentine Congress does not fuck it up.
http://finance.yahoo.com/news/argent...160120062.html
Tres3.
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02-24-16 13:22 #1545
Posts: 577Obama’s visit to Argentina seen as sign Latin America’s ‘pink tide’ is ebbing.
The below link is to an article that appeared on the front page of Wednesday's Miami Herald.
http://www.miamiherald.com/news/nati...e62021447.html
Tres3.
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02-09-16 12:30 #1544
Posts: 577Argentina's Bond Fight Comes Down to Its Worst Bonds
The below link is to a recent Bloomberg article about the defaulted Argentine bonds. It is the first time that I was aware that Argentina was foolish (or desperate) enough to issue floating rate bonds.
http://www.bloombergview.com/article...=yhoo.headline
Tres3.
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02-06-16 21:05 #1543
Posts: 577Argentina offers U.S. Creditors $6.5 billion payment on defaulted debt
Following is a link to this article.
http://finance.yahoo.com/news/mediat...7--sector.html
Tres3.
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01-22-16 20:20 #1542
Posts: 2808Not a bad start
Originally Posted by Thomaso276 [View Original Post]
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01-22-16 19:12 #1541
Posts: 995Macri interview in english
http://www.clarin.com/politica/Davos...508849387.html
Not KK, pretty sharp guy.
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01-22-16 18:16 #1540
Posts: 30Not for some of the leftists here (the Usual Suspects)
They think only governments create economic growth and jobs are blown out of Christina's a$$.
They will surely view this as Yankee Imperialism.
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01-21-16 22:34 #1539
Posts: 3040Good Start
Good News.
http://www.businessinsider.com/r-coc...r-years-2016-1
TL.
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01-16-16 05:35 #1538
Posts: 4Originally Posted by TejanoLibre [View Original Post]
http://www.cnbc.com/2016/01/15/reute...banknotes.html
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01-16-16 02:45 #1537
Posts: 3040200 , 500 Peso Notes ?
Inflation-stricken Argentina to issue higher denomination banknotes.
http://www.cnbc.com/2016/01/15/
I knew this was coming !
Beware of fakes.
TL.