September 30, 2014
by Alison Sacriponte
Judge Thomas Griesa of the US District Court for the Southern District of New York declared Argentina in contempt of court Monday for the ongoing debt dispute after Buenos Aires refused to pay two US hedge funds and sought to sidestep his court order that forbids the government from paying only ...[read more]
September 19, 2014
by Elizabeth LaForgia
Argentina's congress on Thursday passed a new law that would allow the government to intervene in setting prices and profits in order to ease high inflation rates. Economy Minister Axel Kicillof said the measure would defend consumers against monopoly power. However, local business leaders say the ...[read more]
September 12, 2014
by Julie Deisher
The Chamber of Deputies of the Argentine National Congress on Thursday approved a bill that was signed into law later that day by President Cristina Fernandez to continue making payments on foreign-held bonds outside of US jurisdiction. The law circumvents a US court ruling prohibiting Argentina ...[read more]
August 16, 2014
by Kimberly Bennett
Holders of Argentina's euro-denominated bonds filed a notice of appeal Friday of a US District Court for the Southern District of New York's ruling barring the country from making interest payments on the notes until first paying $1.5 billion to a group of hedge funds. Also on Friday the court ...[read more]
August 10, 2014
by Julie Deisher
Brazilian President Dilma Rousseff on Friday signed into law a measure providing basic protections to Brazilian domestic workers. The law limits domestic workers' work weeks to 44 hours, and the work day to eight hours. The law also creates a minimum wage and requires employers to register their ...[read more]
August 8, 2014
by Kimberly Bennett
Argentina initiated legal proceedings against the US Thursday in the International Court of Justice (ICJ) over US interference in the restructuring of Argentina's foreign debt. Argentina contends that the US violated its sovereignty and immunities as a result of judicial decisions adopted by US ...[read more]
June 28, 2014
by Kimberly Bennett
Argentine federal judge Ariel Lijo on Friday charged Amado Boudou with bribery and abusing his position in negotiations with the objective of obtaining benefits for himself and others. Boudou is accused of conducting business incompatible with Articles 256, 258 and 265 of the Argentine penal code. ...[read more]
June 16, 2014
by Jaclyn Belczyk
The US Supreme Court on Monday denied appeals from Argentina over debts stemming from an economic collapse over a decade ago. The US Court of Appeals for the Second Circuit ruled in October 2012 that Argentina must pay $1.33 billion to bondholders when it repays its debts. The Second Circuit ...[read more]
May 16, 2014
by Max Slater
An appeals court in Argentina ruled Thursday that a controversial agreement between Argentina and Iran to investigate the 1994 bombing of a Buenos Aires Jewish community center was unconstitutional. The two nations signed the agreement in January 2013, which permitted Argentinian authorities to ...[read more]
April 21, 2014
by Jaclyn Belczyk
The US Supreme Court heard oral arguments Monday in two cases. In Republic of Argentina v. NML Capital Ltd. the court heard arguments on whether a hedge fund could subpoena banks for information about Argentina's non-US assets following the country's default on $100 billion in sovereign debt in ...[read more]

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