The Traderszone Network

Published in TZ Latest News 22 August, 2014 by The TZ Newswire Staff

NY judge scolds Argentina, but no contempt order

NEW YORK (AP) — A federal judge in Manhattan on Thursday said Argentina’s plans to evade his orders by failing to make required payments to U.S. bondholders is illegal and cannot be carried out, but he stopped short of finding the South American nation in contempt of court.