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Argentina Business - Argentine Economy - Page 3

Brazil, Mexico, France to back Argentina in bonds case in U.S. Court:

Brazil, France and Mexico are expected to file papers in the U.S. Supreme Court on Monday backing Argentina in its legal battle with bondholders who refused to take part in debt restructurings from the country's 2002 default, according to a source familiar with the litigation. Ref. Source 5

Economy Argentine Business Argentina

Argentina In Default: Everyone Lost

Things couldn't have come out worse. Everyone lost: Argentina defaulted on its sovereign debt for the second time in nearly 13 years, the holdout bond holders were left empty handed, and Federal Judge Thomas Griesa's strategy to force Argentine to negotiate a settlement with the so-called venture funds failed. Ref. Source 1

Argentina Business - Argentine Economy History & Civil Business Politics

Argentina blames US mediator for debt default:

Cabinet Chief Jorge Capitanich said his country was considering opening proceedings at international tribunals in The Hague after it was declared to be in technical default. Ref. Source 8

Page 3 Economy Argentine Business Argentina

De-Dollarization Continues:Argentina to receive initial currency swap tranche by end 2014:

Argentina, which defaulted on its debt in July, will receive the first tranche of a multi-billion dollar currency swap operation with China's central bank before the end of this year, the South American country's La Nacion newspaper reported on Sunday. Ref. Source 3

Economy Argentine Business Argentina

Argentine Companies Look to Increase Trade with Russia:

Representatives from over 100 Argentine companies will be involved in talks in Russia to increase the export of goods by the South American country to Russia on Monday and Tuesday. Ref. Source 1

Argentina Business - Argentine Economy

UN Human Rights Council backs Argentina on US debt row:

The United Nations Human Rights Council has passed a resolution in Geneva condemning a group of American hedge funds that took Argentina to court. Ref. Source 5

Argentina Business Argentine Economy - Page 3

Argentina deposits debt payment in "Defiance" Of US ruling:

Argentina has deposited $161m (£99m) in bond interest payments with the state-controlled Nacion Fideicomisos bank, in an effort to skirt US court rulings. The country had previously kept its funds with US-controlled Bank of New York Mellon. Ref. Source 7

Argentina Business Argentine Economy Politics Business Civil & History - Page 3

Argentina Wins British Victory in Vulture Funds Battle:

Argentina won another victory in its ongoing "Vulture funds" Battle Friday when a British judge supported the unblocking of the country's debt repayment, weakening the position of the vultures who have been desperate to collect from the Argentine state. Ref. Source 5