Argentina: The merchandise trade surplus rose to USD 12.7 bn in 2012
Florencia Vazquez - Market Economics
Latam Macro Snapshot | 23 Jan 2013 20:25 |
The merchandise trade surplus was reported to have stood at USD 0.53 billion in December. The reading stood fairly in line with our forecast and the median estimate from the Bloomberg survey (USD 0.57 and 0.48 billion, respectively).
Showing posts with label Argentina. Show all posts
Showing posts with label Argentina. Show all posts
Wednesday, January 23, 2013
Thursday, December 13, 2012
Argentina: The group of interested non-parties in lawsuit in US courts gets larger.
Florencia Vazquez,Gustavo Arruda,Marcelo Carvalho,Nader Nazmi - Market Economics
Daily Latam Spotlight | 13 Dec 2012 06:00 |
Argentina: The group of interested non-parties in lawsuit in US courts gets larger.
ARGENTINA
Another fund joins the group of interested non-parties to appeal the District Court orders adversely affecting Argentina. Fintech Advisory Inc. filed a brief before the Court of Appeals for the Second Circuit, thus joining the group of interested non-parties appealing Judge Griesa's ruling that lifted the stay in place and ordered Argentina to make a payment into an escrow account for the benefit of holdout creditors. Unless this payment was made, the Judge made it impossible for Argentina to continue servicing performing debt issued in the two 2005 and 2010 debt exchanges. The stay was later reinstated by the Appeals Court.
Daily Latam Spotlight | 13 Dec 2012 06:00 |
Argentina: The group of interested non-parties in lawsuit in US courts gets larger.
ARGENTINA
Another fund joins the group of interested non-parties to appeal the District Court orders adversely affecting Argentina. Fintech Advisory Inc. filed a brief before the Court of Appeals for the Second Circuit, thus joining the group of interested non-parties appealing Judge Griesa's ruling that lifted the stay in place and ordered Argentina to make a payment into an escrow account for the benefit of holdout creditors. Unless this payment was made, the Judge made it impossible for Argentina to continue servicing performing debt issued in the two 2005 and 2010 debt exchanges. The stay was later reinstated by the Appeals Court.
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