Comment: Argentinian government bonds were bought at criminally low prices by US banks and other shady financial outfits under US-backed Argentinian dictatorships and client regimes in the 1990's. Government bonds were sold to these outfits for 30 cents on the dollar, with the promise of being paid back 100cents at a later date. Two of these 'vulture capitalists' are refusing to accept anything less than 100cents, and the corrupt US judicial system is backing them to the hilt and demanding that these two be paid before any of the other investors who are willing to accept a much more reasonable return.
Argentina has deposited $161m (ยฃ99m) in bond interest payments with the state-controlled Nacion Fideicomisos bank, in an effort to skirt US court rulings.
The country had previously kept its funds with US-controlled Bank of New York Mellon.
The move comes a day after a US judge ruled Argentina was in "contempt of court".
That ruling stated Argentina must repay two US hedge funds before repaying other bond holders.
"By making this deposit, Argentina confirms once again its unshakeable commitment to meet its obligations to bondholders," said Argentina's finance ministry in a statement.
Argentina is attempting to pay its bondholders in a second tranche of debt known as the Par series so as to avoid defaulting once more.














Comment: The US and NATO successfully managed to continue their war in Afghanistan. The slaughter will continue unabated.