Argentina’s shell game

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Argentina tries to sidestep US ruling with debt swap “Nervous” Argentina president Cristina Fernandez de Kirchner announces plan to replace Bank of New York Mellon as trustee with state-run Banco Nacion, because, of course, that would mean Cristina gets what she’s been after all along. As for that lawsuit Cristina’s government brought to the International Court of Justice in The Hague, claiming the US had “committed violations of Argentine sovereignty”? The US government must consent to the ICJ’s jurisdiction before the UN can proceed with the case. . . .

Read more from Argentina’s shell game at Fausta's Blog