‘I’m more worried about the continuity of Kirchnerism’
All Right Reserved. Buenos Aires Herald
By the author
The country will appeal the ruling
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BusinessEconomicsEnergy
Preska rules against Argentina in YPF expropriation trial: country could pay almost U$S16 bn
The judge agreed with Burford Capital regarding the three key arguments in dispute
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The government will be able to intervene in the financial market to avoid runs on the currency
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Official sources said the recent devaluation was agreed with the IMF, but brought forward in light of the primary election results
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2023 electionsDollar & PesoEconomicsPolitics
Government devalues currency 22% amid electoral tension
The Central Bank also increased the interest rate by 21 percentage points
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According to analysts, the ruling could come in September
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The decision grants the country access to a US$7.5 bn disbursement
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BusinessEconomicsEnergy
YPF expropriation payout trial begins with disputed interest rates and dates
Depending on how the calculation is made, Argentina will be made to pay between US$16 billion and US$4.9 billion
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The measures are implemented amid tough negotiations with the IMF.
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The president of the entity grouping them called for a “stable macroeconomy” and a “strong currency”
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In February 1977, most of the Deutsch family was kidnapped by the military. Carter’s personal dealings with Videla saved them from being killed.