Arab Today, arab today us defends official with argentine hedgefund ties
Last Updated : GMT 04:54:35
Arab Today, arab today
Arab Today, arab today

US defends official with Argentine hedge-fund ties

Arab Today, arab today

Arab Today, arab today US defends official with Argentine hedge-fund ties

Buenos Aires
Washington - AFP

The United States on Tuesday dismissed an attack by Argentina, which last week warned of worsening bi-lateral relations over ties between a US official and a group representing so-called "vulture funds."
Argentine President Cristina Kirchner on October 30 wrote to President Barack Obama, warning of "grave implications" if Nancy Soderberg, who sits on a US advisory committee, also is the co-chair of the American Task Force Argentina.
Kirchner claimed the task force's mission is to "attack and slander" Argentina, and said its members include a group that manages NML Capital, one of the hedge funds that stands to make huge profits from Argentina's financial woes and which Kirchner has branded a "vulture fund."
Such ties, Kirchner argued, pose a conflict for Soderberg, who was in 2012 appointed by Obama to head the Public Interest Declassification Board advisory committee.
The State Department said such board positions are part-time, and it is typical for government advisory board members to have outside employment.
"Soderberg is a private citizen who serves on a government advisory board. Her responsibilities in her official capacity as PIDB chairperson are unrelated to any involvement she might have in Argentina's bondholder litigation as a private citizen," a State Department spokeswoman told AFP.
The PIDB is an advisory committee established by Congress in 2000 to promote public access to government records related to US national security activities, the State Department said.
Kirchner's letter comes as Argentina, Latin America's third-largest economy, struggles to get back on track with deals to restructure the debt it defaulted on during its 2001 crisis.
A US court has ordered Buenos Aires to halt interest payments to creditors who agreed to take steep losses until it settles a $1.3 billion dispute with the "holdout" hedge funds refusing to accept a write-down.
Two of those groups -- NML Capital and Aurelius Capital Management -- stand to make enormous profits.

 

arabstoday
arabstoday

Name *

E-mail *

Comment Title*

Comment *

: Characters Left

Mandatory *

Terms of use

Publishing Terms: Not to offend the author, or to persons or sanctities or attacking religions or divine self. And stay away from sectarian and racial incitement and insults.

I agree with the Terms of Use

Security Code*

Arab Today, arab today us defends official with argentine hedgefund ties Arab Today, arab today us defends official with argentine hedgefund ties

 



Arab Today, arab today

Name *

E-mail *

Comment Title*

Comment *

: Characters Left

Mandatory *

Terms of use

Publishing Terms: Not to offend the author, or to persons or sanctities or attacking religions or divine self. And stay away from sectarian and racial incitement and insults.

I agree with the Terms of Use

Security Code*

Arab Today, arab today us defends official with argentine hedgefund ties Arab Today, arab today us defends official with argentine hedgefund ties

 



Arab Today, arab today France defies terrorism through tourism

GMT 15:18 2017 Saturday ,20 May

France defies terrorism through tourism
Arab Today, arab today Zainab Fadel Oglu designs “Shakerin” mosque

GMT 12:13 2017 Thursday ,11 May

Zainab Fadel Oglu designs “Shakerin” mosque
Arab Today, arab today Seeks to move past rift with Israel

GMT 08:00 2017 Monday ,08 May

Seeks to move past rift with Israel
View News in Arabic - Business: اقتصاد دولي
Arab Today, arab today
Arab Today, arab today
Arab Today, arab today Mozambique's gas boom dream under threat

GMT 16:29 2017 Monday ,08 May

Mozambique's gas boom dream under threat
Arab Today, arab today Prepares to give stargazers an eyeful

GMT 13:38 2017 Monday ,06 March

Prepares to give stargazers an eyeful
Arab Today, arab today Jaguar displays XF Sportbrake line

GMT 14:36 2017 Monday ,08 May

Jaguar displays XF Sportbrake line
Arab Today, arab today BMW sees forecasts in reach

GMT 09:04 2017 Thursday ,04 May

BMW sees forecasts in reach
Arab Today, arab today Climate science: Bad news gets worse

GMT 08:48 2017 Saturday ,06 May

Climate science: Bad news gets worse
Arab Today, arab today
Arab Today, arab today
 
 Arab Today Facebook,arab today facebook  Arab Today Twitter,arab today twitter Arab Today Rss,arab today rss  Arab Today Youtube,arab today youtube  Arab Today Youtube,arab today youtube
arabstoday arabstoday arabstoday arabstoday
arabstoday arabstoday arabstoday
arabstoday
بناية النخيل - رأس النبع _ خلف السفارة الفرنسية _بيروت - لبنان
arabstoday, Arabstoday, Arabstoday