A United States district court judge orders documents turned over to hedge fund NML Capital with regard to the flow of funds in a February 9 issuance of Argentina dollar denominated sovereign bonds.
- Reuters (Image)
- Deputy US Trade Representative Dennis Shea will represent the United States at the Group of 20 trade ministerial meeting in Argentina.
- Following a court order that payments to most bondholders be stopped until holdouts were paid, Argentina has defaulted on some of its bonds after negotiations fell short of reaching a deal with hedge fund investors demanding a full payout of US$1.3 billion on bonds.
- The U.S. Supreme Court finds against the Republic of Argentina on a discovery issue in its litigation against hedge fund NML Capital, and refuses to hear appeals on the substantive issues in the same litigation: a victory for hold-out bond-holders against a defaulting sovereign.
- On the 30th anniversary of the Falklands War between the United Kingdom and Argentina, Argentina threatens action against United States and United Kingdom banks, while UK Prime Minister David Cameron calls Argentina's 1982 invasion "a profound wrong".
- Argentina lodges an official complaint against the United States after America's landing of a military plane loaded with undeclared "sensitive material", including guns, drugs and satellite phones, leading the Argentinian government to express concerns that the U.S. was attempting to sneak its cargo into the country.