1. Argentine In Default on Billions of Dollars in US
Argentine President Cristina Kirchner was recently in America this week for the UN General Assembly being held in New York City. The problem with this is, that puts her right in the fire, so to speak. She and her country have defaulted on billions in debt owed to U.S. creditors. President Kirchner has repeatedly ignored the U.S. federal court system and supposedly removed any of her country's assets to outside the U.S. and away from collectors. With her being in New York this week for the UN talks, U.S. bondholders' have become more upset due this obvious slap in the face to the U.S. Justice s...
- Word Count: 212
- Approx Pages: 1
- Has Bibliography
- Grade Level: High School