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The Saker
A bird's eye view of the vineyard

offsite link Russia, US and Syria SITREP links September 28, 2016 by Scott Wed Sep 28, 2016 19:00 | Scott
The featured image is a picture of Aleppo before the NATO countries’ war on Syria I am still working on translation of the Part II of Matvey’s analysis of Russia-US

offsite link Aleppo. Faces of the frontline Wed Sep 28, 2016 17:25 | The Saker

offsite link Syrian War Report ? September 27, 2016: Diplomatic Deadlock over Syria Wed Sep 28, 2016 16:39 | The Saker
https://southfront.org/syrian-war-rep...

offsite link Syrian War Report ? September 28, 2016: US & Allies to Arm ?Opposition? with MANPADS Wed Sep 28, 2016 15:47 | The Saker
https://southfront.org/syrian-war-rep...

offsite link Nasrallah: Saudi Arabia, Qatar, US support Takfiris in Syria Wed Sep 28, 2016 03:07 | The Saker

The Saker >>

Human Rights in Ireland
www.humanrights.ie

offsite link Benefit Sanctions and Coercion Within the Irish Welfare System Thu Sep 22, 2016 13:38 | Cliodhna Murphy

offsite link The rights of the unborn: a troubling decision from the High Court? Wed Aug 10, 2016 12:42 | Máiréad Enright

offsite link Progress Report on the Northern/Irish Feminist Judgments Project. Mon Jul 11, 2016 13:40 | admin

offsite link The UN and the Eighth Amendment Thu Jun 23, 2016 09:46 | admin

offsite link Call for Papers: State Accountability for Vulnerability Mon Jun 20, 2016 12:29 | admin

Human Rights in Ireland >>

Cedar Lounge
For lefties too stubborn to quit

offsite link Hold on there Boris, isn?t that your job? 18:18 Wed Sep 28, 2016 | WorldbyStorm

offsite link When does Kenny leave? 12:09 Wed Sep 28, 2016 | WorldbyStorm

offsite link They still don?t get it? 10:30 Wed Sep 28, 2016 | WorldbyStorm

offsite link You don?t say! 08:13 Wed Sep 28, 2016 | WorldbyStorm

offsite link What you want to say ? 28th September 2016 03:55 Wed Sep 28, 2016 | WorldbyStorm

Cedar Lounge >>

Dublin Opinion
Life should be full of strangeness, like a rich painting

offsite link Notes for a Book on Money and the Irish State - The Marshall Aid Program 15:10 Sat Apr 02, 2016

offsite link The Financial Crisis:What Have We Learnt? 19:58 Sat Aug 29, 2015

offsite link Money in 35,000 Words or Less 21:34 Sat Aug 22, 2015

offsite link THE WRATH OF KANE: BANKING CRISES AND POLITICAL POWER 09:32 Fri Jan 30, 2015

offsite link ALWAYS THE ARTISTS: WEEK THREE OF THE BANK INQUIRY 23:11 Thu Jan 22, 2015

Dublin Opinion >>

Supreme Court Hears Argentina Predatory Hedge Fund Discovery Case High Court Decision to Hear Broader Landmark Debt Case Pending

category international | miscellaneous | news report author Friday April 18, 2014 18:00author by Arielle Retrosi Report this post to the editors

On Monday, the Supreme Court hears arguments between Argentina and holdouts who refused two debt restructuring deals after Argentina defaulted on its debts in 2001. The Supreme Court Justices will determine if predatory hedge fund, NML Capital can obtain information from US Banks that reveal Argentina's holdings in order to target those assets for debt payments. The Obama Administration is siding with Argentina in the case. In the summer, the Supreme Court will also decide if it will hear a much broader case between Argentina and the hedge funds that impacts extreme poverty, official US debt policy and country debt restructuring.

"The Supreme Court hearing this initial case offers some indication that they are interested in hearing the broader case," said Eric LeCompte, Executive Director of the religious antipoverty coalition, Jubilee USA Network. "The courts decision on the broader case will impact financial stability and people living in extreme poverty."

In late March, Jubilee USA Network and 79 religious and development groups filed an Amicus ("friend-of-the-court") brief with the Supreme Court urging them to take the broader case with global implications. In addition to Jubilee USA's filing, economist Joseph Stiglitz and the governments of Brazil and Mexico also filed on Argentina's side. The G24, the International Monetary Fund, World Bank, United Nations and the US government continue to raise concerns with predatory holdout behavior.

“There's a global consensus that his behavior hurts poor people and legitimate investors,” said LeCompte who serves on several UN expert groups working to stem predatory behavior. "If the Supreme Court takes the broader case and decides for Argentina, we'll see a lot of this extreme behavior end."

Jubilee USA Network is an alliance of more than 75 US organizations, 400 faith communities and 50 Jubilee global partners. Jubilee's mission is to build an economy that serves, protects and promotes participation of the most vulnerable. Jubilee USA has won critical global financial reforms and more than $130 billion in debt relief to benefit the world's poorest people. www.jubileeusa.org

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