Free Republic

ReutersSeptember 22, 2014 Argentine President Cristina Fernandez on Monday will meet bondholder and billionaire financier George Soros, who is suing a U.S. bank caught in the middle of the country's latest debt default, a government minister said. The meeting comes as Fernandez's leftist government struggles to kick-start growth and contain runaway consumer prices after failing to complete a June interest payment to Soros and other holders of bonds restructured after a previous default. Soros' portfolio also includes a 3.5 percent stake in Argentina's state-controlled energy firm YPF. Buenos Aires has frequently cited the Hungarian-born magnate's investments in the country as...

Sovereign Debt Default Risk by: Bespoke Investment Group October 14, 2010 Below we highlight the 5-year credit default swap prices for the debt of 39 countries and four high-risk US states. We also highlight how default risk has changed since equity markets bottomed at the start of July. As shown in the left column below, default risk has fallen the most for Japan, China, Australia, Chile, and South Korea since July 2nd. It has risen for just four countries -- Egypt, Portugal, Ireland, and the US. Yep, the US has seen default risk rise 15.7% since the start of July,...