Upcoming Events

International | Miscellaneous

no events match your query!

New Events

International

no events posted in last week

Blog Feeds

Anti-Empire

Anti-Empire

offsite link ‘Reduced Service’ Sat Jun 18, 2022 11:37 | Anti-Empire

offsite link Inconvenient Questions for the “Specia... Wed Jun 15, 2022 16:32 | Anti-Empire

offsite link Who Dares Apply Anti-Interventionist Ana... Tue Jun 14, 2022 11:15 | Anti-Empire

offsite link Kiev Puts Its Military Deaths at 10,000 ... Mon Jun 13, 2022 05:58 | Anti-Empire

offsite link Rosgvard Wasn’t Told They’d Be Going... Sun Jun 12, 2022 14:24 | Rolo Slavsky

Anti-Empire >>

The Saker
A bird's eye view of the vineyard

offsite link Andrei Martyanov: July Aviation and Hypersonics Fri Jul 01, 2022 23:02 | amarynth
Please visit Andrei?s website: https://smoothiex12.blogspo... and support him here: https://www.patreon.com/beP...

offsite link Letter from Faina Savenkova: The more you grow up, the more you realise that the world is unfair Fri Jul 01, 2022 18:58 | amarynth
Faina Savenkova, 13, Lugansk The more you grow up, the more you realise that the world is unfair. When the war in Donbass began eight years ago, few could have

offsite link ?? We Are Z Fri Jul 01, 2022 16:29 | amarynth
By Batiushka for the Saker Blog The Schloss Elmau, ?a Luxury Spa Retreat and Cultural Hideaway? was a very suitable location at the end of June 2022 for the G7

offsite link Europe fails with German help Fri Jul 01, 2022 14:45 | amarynth
by Jorge Vilches for the Saker Blog Robert Habeck, Vice-Chancellor of Germany and Federal Minister for Economic Affairs and Climate Action, jointly with Annalena Baerbock — Germany´s Anglophile Minister of

offsite link Sitrep Operation Z: SloMo Collapse Fri Jul 01, 2022 14:39 | amarynth
By Saker Staff for the Saker Blog Let us deal with Snake Island first as the level of noise is unbelievable. Snake Island in the Black sea will remain under

The Saker >>

Public Inquiry
Interested in maladministration. Estd. 2005

offsite link RTE bias complaint

offsite link Fergus Finlay and the maternity hospital ‘gotcha’ trap Anthony

offsite link Irish Examiner and fake news Anthony

offsite link Labour Party: The unvarnished truth Anthony

offsite link Humanity: Zero chance of survival Anthony

Public Inquiry >>

Voltaire Network
Voltaire, international edition

offsite link EU exempts Suwalki Corridor from Russia sanctions Fri Jul 01, 2022 20:31 | en

offsite link New documents implicate Banderites Fri Jul 01, 2022 17:57 | en

offsite link EU flag installed in Ukrainian Parliament Fri Jul 01, 2022 16:41 | en

offsite link Ecstasy lab seized on Kleine-Brogel NATO base Thu Jun 30, 2022 07:33 | en

offsite link Discordance among Israeli officials over Iran Thu Jun 30, 2022 07:10 | en

Voltaire Network >>

Argentina Requests Supreme Court Reverse Federal Court Rulings that favor Predatory Hedge Funds

category international | miscellaneous | news report author Wednesday February 19, 2014 17:02author by Arielle Retrosi Report this post to the editors

Argentina officially requested that the US Supreme Court hear an appeal in a debt case that will impact people living in extreme poverty around the world. The case dates back to Argentina's 2001 default, after which 92% of all Argentine bond holders restructured their defaulted debt. Predatory hedge fund, NML Capital leads a small group of holdouts who won judgments for payment in lower US Courts. NML Capital never invested in Argentina and bought the debt cheaply after Argentina's default. Because sovereign lending is contracted in the United States, the precedent the case sets impacts some of the poorest economies around the globe and allows these hedge funds to target assets that benefit poor people. The International Monetary Fund, the Paris Club, legitimate investors, the US and most governments oppose this predatory behavior because it cancels the benefits of debt relief, makes sovereign debt restructuring more difficult and limits credit to poor countries

"This particular legal case will have some of the most significant impacts on global poverty in our lifetimes," shared Eric LeCompte, Executive Director of Jubilee USA Network, a religious antipoverty organization. "It's encouraging that there is a global chorus that decries this harmful predatory behavior."

The religious community and antipoverty advocates continue to monitor the case because it impacts those living in extreme poverty. In late April, the US Supreme Court is hearing a separate but related case between Argentina and the same holdouts led by NML Capital. The Supreme Court will determine when and where certain Argentine assets can be targeted for payment collection. The United States government has filed in support of Argentina for the April hearing.

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

author by jabawokpublication date Wed Feb 19, 2014 21:14author address author phone Report this post to the editors

I believe it is time for the little man stop playing by the rules of others, political representation is a myth, play by your rules, put your life and your family's life first and where ever possible be self sufficient, stop reading, listening and watching the Capitalist owned media.
Argentina should only accept the American Supreme Court decision if it goes Argentina's way .

author by fredpublication date Thu Feb 20, 2014 16:20author address author phone Report this post to the editors

You're right jabawok but the US have a lot of weapons including over 5,000 nukes, and are batshit insane
People are scared of them.
That's why they play it their way.

Who says nukes are never used. The threat of them hangs over everything the US says and does. Surely that's considered use of nuclear weapons? You don't need to actually fire them for them to be useful.

 
© 2001-2022 Independent Media Centre Ireland. Unless otherwise stated by the author, all content is free for non-commercial reuse, reprint, and rebroadcast, on the net and elsewhere. Opinions are those of the contributors and are not necessarily endorsed by Independent Media Centre Ireland. Disclaimer | Privacy