Focus
Daniel Pollack
More Progress in Talks to Resolve Argentina’s Debt
A court-appointed mediator reported more progress Friday in efforts by Argentina to resolve a dispute with bondholders who claim they are owed about $10 billion by the financially strapped South American nation.
Argentina Owes Another $6.1B to Foreign Bondholders: Judge
Argentina cannot pay some bondholders while refusing to pay $6.1 billion in claims by creditors who refused to swap their bonds for steeply discounted replacements in the South American nation after it defaulted in 2001 on $100 billion in bonds, a judge said Friday.
