The fate of Argentina and that of other emerging market nations with debt problems could be resolved as early as today as the US Supreme court is set to take up the issue of Argentina vs the “hold outs.”
Supreme Court could choose to hear Argentina’s appeal of a lower court ruling
In taking up the matter today, the Supreme Court could choose to hear Argentina’s appeal of a lower court ruling that ordered it to pay bondholders who rejected the negotiated agreement. This would be a win for Argentina and would force a protracted trial with...
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