Argentina: Won’t submit to ‘extortion’ on debt

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President Cristina Fernandez said Argentina can’t comply with U.S. court orders to pay $1.5 billion to winners of a decade-long legal battle over defaulted debt, the position her country was left in Monday when the U.S. Supreme Court refused to hear her government’s final appeal. Delivering a nationally broadcast address Monday night, Fernandez expressed willingness to negotiate with the winners, but said there is simply no way that Argentina can pay in cash, in full, starting just two weeks from now, which is what the U.S. courts have ordered. “What I cannot do as president is submit the country to such extortion,” Fernandez said. Under the U.S. court orders, Argentina must hand over $907…

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FIFA World Cup 2014 Germany vs. Portugal: Rihanna Tweets About Watching ...
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Argentina: Won’t submit to ‘extortion’ on debt

admin

President Cristina Fernandez said Argentina can’t comply with U.S. court orders to pay $1.5 billion to winners of a decade-long legal battle over defaulted debt, the position her country was left in Monday when the U.S. Supreme Court refused to hear her government’s final appeal. Delivering a nationally broadcast address Monday night, Fernandez expressed willingness to negotiate with the winners, but said there is simply no way that Argentina can pay in cash, in full, starting just two weeks from now, which is what the U.S. courts have ordered. “What I cannot do as president is submit the country to such extortion,” Fernandez said. Under the U.S. court orders, Argentina must hand over $907…

Next Post

FIFA World Cup 2014 Germany vs. Portugal: Rihanna Tweets About Watching ... - International Business Times AU


International Business Times AU

FIFA World Cup 2014 Germany vs. Portugal: Rihanna Tweets About Watching ...
International Business Times AU
Rihanna is a fan of Germany as well as Portugal. She took to Twitter to share her views. It was Germany vs. Portugal in FIFA World Cup 2014. Germany crushed Portugal as Thomas Muller emerged as a champion and scored 3 goals. Final score - Germany: 4 ...
Rihanna Burns One Down During World Cup & Shows Love For Team Ghana ...Global Grind
Cristiano Ronaldo World Cup 2014: Rihanna Tweets About Her 'Baby Ronaldo's ...Enstarz

all 3,417 news articles »