Argentina the rogue

Date: 02-04-2015 | Category: Articles, Geopolitics, In the News, Media Interviews

This week Argentina appealed to the UN General Assembly to push through the Multilateral Legal Framework for Sovereign Debt Restructuring, which is being touted as a means to allow poor countries to avoid creditors and establish an international mechanism for paying off their default loans. Unfortunately, Hector Timerman, Argentina’s foreign minister is simply using and abusing the G-77, the UN’s poorest countries (plus China), to provide cover for Argentina’s continuous violation of a recent U.S. court decision reaffirming his country’s legal obligation to pay its creditors. By Ariel Cohen The Hill February 04, 2015

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