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Boohoo.
1 posted on 08/07/2014 12:34:52 PM PDT by Citizen Zed
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To: Citizen Zed

“There is a major hurdle though: the U.S. must agree to grant the international court jurisdiction if the suit is to proceed.”

Drum roll.......


2 posted on 08/07/2014 12:38:08 PM PDT by headstamp 2
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To: Citizen Zed

Pay your debts and you don’t have these problems...


3 posted on 08/07/2014 12:38:59 PM PDT by 2banana (My common ground with terrorists - they want to die for islam and we want to kill them)
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To: Citizen Zed
Argentina's bonds explicitly provided that they were payable in New York and enforceable by U.S. courts; they put those clauses in there to attract international investors.

In the future, Argentina can try to sell bonds without such clauses, but those bonds will for that reason be much harder to sell and will bear much higher interest rates.

5 posted on 08/07/2014 12:41:12 PM PDT by Lurking Libertarian (Non sub homine, sed sub Deo et lege)
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To: Citizen Zed
Evita
8 posted on 08/07/2014 1:07:04 PM PDT by Berlin_Freeper
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