Argentina Says It Has Given Debt Details
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The Argentine government said Monday it had presented US regulators with specifics of a proposed offering intended for restructuring US$103 billion (euro80.
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Switzerland asked Argentina for information to decide whether to cooperate in an inquiry implicating Argentine President Nestor Kirchner in a money transfer case, local press reported Wednesday.
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The Argentine government said late Wednesday it has postponed a global plan to restructure the bulk of US$103 billion (euro78.35 billion) in default debt until mid-January, moving back a debt swap that was expected next week.
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Northern Rock's debt will appear on government accounts, the Office for National Statistics decides.
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Belarus has fully repaid its debt to the International Monetary Fund. The last payment due to the fund was made on February 1, the press service of the Belarusian finance ministry has reported to RBC.
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Argentina launches a controversial debt swap aimed at reducing $102bn in unpaid debts down to $42bn.
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FOR THE first time, President Gloria Macapagal-Arroyo acknowledged yesterday that the country was in a fiscal crisis, a move meant to rally the public behind her tax reform and cost-cutting measures to avert an Argentina-like financial meltdown in the
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As a result of talks the Paris Club has arrived at a consolidated decision to write off 80 per cent of Iraq&#39;s debt, Russian Finance Minister Aleksey Kudrin told journalists on Sunday [21 November].
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RUSSIA finally signed up yesterday to an agreement between 19 nations to write off $33 billion (Â£17.8 billion) of Iraqâs debt. The agreement was confirmed by a US Treasury official at
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Three years after declaring the biggest default by a sovereign nation, Argentina launched a marketing blitz Wednesday urging investors worldwide to accept new terms for restructuring more than $100 billion in debt.
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Iraq cleared around &#36;81 million in debt it owed the International Monetary Fund late last week, fund sources said on Monday, opening the way for the first aid to flow from the global lender to Iraq.
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The Argentine government on Monday presented US regulators with details of a debt exchange offering intended to restructure some US$103 billion (euro80.
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The International Monetary Fund on Friday granted an Argentine government request to defer $1.1 billion in debt repayments that Buenos Aires was scheduled to make between now and January.
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Lots of debt could mean tough times ahead.
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The U.S. and top financial institutions indicated that they were closing in on an agreement to forgive the debts of many of the world's poorest countries.
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Government bodies have lost tens of millions of pounds in debts and fraud, a spending watchdog says.
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Argentina's Congress criticized the United States on Wednesday over an alleged cover-up involving a cash-stuffed suitcase that U.S. prosecutors say was bound for President Cristina Fernandez's campaign.