Daily Archives: Nov 17, 2012

No big surprises in the flurry of briefs in Argentina’s debt holdout saga then.

A quick recap: a US appeals court on October 26 upheld a court ruling by New York Judge Thomas Griesa that opened the door to Argentina making some payment of the “holdout” creditors led by Elliott’s NML Capital, which spurned its 2005 and 2010 restructurings of the nearly $100bn on which it defaulted in 2001. Judge Griesa had ruled on the basis of an “equal treatment” clause. Continue reading »

Catch up with the week on beyondbrics, with the ten most popular stories from the blog, a few things we’ve learnt, and a chart. This week: the Shanghai Composite Index. Continue reading »