argentina

Earlier, Redwood Capital Management's Jonathan Kolatch spoke at the Ira Sohn investment conference. Redwood focuses on investing in distressed debt. Kolatch stated that he liked Argentina. He said that the country's restructuring in 2005 was bullish for the country, as the Argentinian government...

An old tension between Britain and Argentina has returned over the disputed Falkland Islands. The issue arose over a discussion among the Mercosur countries (the commercial alliance created in 1991 between South American states such as Brazil, Argentina, Uruguay and Paraguay, then enlarged to...

Much of Greece has been shut down for the second day in a row as Greek citizens protest against an upcoming parliamentary vote on yet another round of austerity measures. Passage of the latest round of austerity measures being debated in parliament is necessary in order for the Greek government to...

Ratings agency Moody's Investors Service has downgraded Greek sovereign debt yet again. Moody's downgrade of Greek debt to "Ca" from the previous rating of "Caa1" makes Greece the lowest rated country in the world covered by the ratings agency. Although the agreement reached by European leaders...

French President Nicolas Sarkozy spoke on Tuesday at the European Union's headquarters in Brussels. In his speech, he called for tighter controls on derivatives trading in commodity markets. Sarkozy remarked that the world had worked hard to restore economic growth after the global financial...

If Sony (NYSE: SNE) could go back in time and re-market The Social Network with current information, the film's tagline would have read, “You can't make 700 million friends without making a few enemies.” That's right Facebook users, Business Insider reports that the social network that everyone...

Wunderlich Securities continues to recommend a Buy rating for DirecTV (NASDAQ: DTV) at a $46 price target in a research report released Friday. Part of their reasoning stems from DirecTV’s inroads into Latin America, now having over one million customers in Argentina and gaining ground in other...

Fears of Greek contagion are all over the Street today; after yesterday’s wild sell off and recovery, which started about the time the Greek austerity bill was passed, traders are taking extra precautions on positions. Greek debt for instance is much harder to insure now. The spread widened as...