Feb
03
After 14 Years at Odds, Argentina Aims to Settle Debt With Hedge Funds
By
Mauricio Macri, president of Argentina, at the World Economic Forum in Davos, Switzerland, last month. His administration has indicated that it wants to resolve the debt as part of a bigger move to reform Argentina’s economy. CreditLaurent Gillieron/KEYSTONE, via Associated Press
After a bitter face-off for more than a decade between Argentina and a group of disgruntled New York hedge funds, both sides have come to the negotiating table with fresh hopes of a resolution.
But the dispute, which has left Argentina largely cut off from international markets, still promised a few twists as a new round of talks took place this week in Manhattan…
After 14 Years at Odds, Argentina Aims to Settle Debt With Hedge Funds
