Fitch says default on Argentine bonds in foreign currency likely

[Finance Prof]

Hopefully, they are wrong but the credit rating agency Fitch is saying that it's likely that Argentina will default on the bond.

Fitch says default on Argentine bonds in foreign currency likely

The credit rating agency Fitch outlined Wednesday the possible consequences of Argentina's latest measures, which would aggravate the uncertainty about the South American country's reserves, particularly after some of its gold was shipped abroad, in addition to other financial gambits that...

en.mercopress.com

 

[Piranha]

I guess maybe Milei is not winning that Nobel prize after all?

 

[import export]

This would be nothing new for Argentina. They have defaulted on it's international sovereign debt 9 times already including 3 times during the past 20 years. Let's be honest. They are kind of a deadbeat in international circles.

Lessons from Argentina’s Default on its International Sovereign Debt

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latinlawyer.com

 

[Digital Nomad]

How will Argentina ever get itself out from all this mountain of debt default cases?

Debt default case: US appeals court delivers new legal setback

A United States appeals court on Wednesday upheld a judicial ruling authorising an embargo on US Treasury bonds used by Argentina to guarantee the issuing of debt.

www.batimes.com.ar

 

[Larry]

How will Argentina ever get itself out from all this mountain of debt default cases?

Debt default case: US appeals court delivers new legal setback

A United States appeals court on Wednesday upheld a judicial ruling authorising an embargo on US Treasury bonds used by Argentina to guarantee the issuing of debt.

www.batimes.com.ar

They won't get out of it. People are finally realizing that Milei is a narcissist and a clown. IMF doesn't want to give out more money and no one else will either Now they are desperate and trying to get money from Saudi Arabia. Another devaluation is coming.

Caputo quiere levantar el cepo e intenta conseguir un préstamo de US$10.000 millones de Arabia Saudita | TN

El ministro de Economía viajará a ese país el 8 de septiembre y aún no está confirmado si Javier Milei lo acompañará. Cuáles son las dos condiciones que se negocian para destrabar los fondos.

tn.com.ar