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Strategies & Market Trends : Currents of Currency

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From: Ahda	6/27/2014 9:49:36 AM
	of 594

Argentina request to delay $1.65B payments deniedNew York judge denies Argentina's request for delay in paying $1.65 billion to US hedge funds NEW YORK (AP) -- A judge Thursday denied Argentina's request to extend deadlines to repay a $1.65 billion debt to U.S. hedge funds, leaving the nation few options and little time to meet a Monday deadline to make a required payment to the majority of its creditors GET UP read the news think non event. Somehow a package will be created to off set this the blessing of paper . From the far side the US hedge funds now own Argentina and what can they do with it? Sell it to the US gov who finds they have just increased the deficit?

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