Argentina's President Cristina Fernandez has said that her government will honour its payments to holders of its restructured debt and so avoid a default, despite suffering a setback in its long-running legal battle against "holdout" investors.
Just hours after the US Supreme Court refused on Monday to hear an Argentinian appeal aimed at staving off a default, Fernandez criticised US courts for repeatedly ruling against her government.
International law specialist Khawar Qureshi explains the implication of the US Supreme Court's decision to not hear Argentinia's appeal.
Just hours after the US Supreme Court refused on Monday to hear an Argentinian appeal aimed at staving off a default, Fernandez criticised US courts for repeatedly ruling against her government.
International law specialist Khawar Qureshi explains the implication of the US Supreme Court's decision to not hear Argentinia's appeal.
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