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Montag, 28. Juli 2014

Negotiations not scheduled today between Argentina and mediator Jul 28 2014, 07:51 ET

Negotiations not scheduled today between Argentina and mediator

  • The deadline for Argentina's default is rapidly approaching, although the country does not have a meeting scheduled for today with the court-appointed mediator Daniel Pollack.
  • Argentina's delegation left NY on Friday after negotiations lasted only an hour. Reports surfaced after the meeting that Argentina would choose to default.
  • The country has until July 30 to comply with a 2012 ruling by U.S. District Judge Thomas Griesa to pay $1.33B plus interest to the funds.
  • ETFs: ARGT

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