Argentina calls on US to intervene in default row

Argentina yesterday called on Washington to intervene in a court case over the country’s defaulted debt after a US district judge threatened the South American country with contempt for making what he called false statements.

Argentina calls on US to intervene in default row

US Judge Thomas Griesa, overseeing Argentina’s long-running battle with hedge funds over defaulted debt, said on Friday he would issue a contempt of court order unless the government stopped publicly claiming it had met its obligations and was not in default.

Argentina’s cabinet chief Jorge Capitanich countered, yesterday, that a contempt order would violate the country’s sovereign immunity and he called on the Obama administration to rein in Judge Griesa.

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