(January 17, 2005) The terms of Argentina’s debt swap are harsh. Even so, most bondholders will probably accept them.
(January 14, 2005) Argentina on Friday launched its historic offer to restructure $102.6 billion in defaulted debt, scoring an early but expected victory as local pension funds holding 17 percent of the bad debt signed up for the exchange.
(January 5, 2005) Chilean top court contradicts its 2002 decision that the former dictator could not be tried due to dementia.
(December 21, 2004) A ruling that Chile’s former dictator is fit to stand trial means that justice delayed need not always be justice denied.
(December 20, 2004) Lawyers representing Augusto Pinochet were expected to turn to Chile’s highest legal authority after the country’s Appeals Court on upheld an indictment of the former dictator.
(December 20, 2004) Murder charges against former Chilean dictator Augusto Pinochet in a major human rights case can proceed, an appeals court has said in an unprecedented ruling immediately appealed to the Supreme Court.
(December 13, 2004) President Augusto Pinochet has been placed under house arrest on human rights charges. The former military ruler was indicted over the disappearance of nine opposition activists and the killing of one of them during his 17-year regime.
(December 12, 2004) In Chile, the fact that General Pinochet secreted large sums of money in other countries has forced a reassessment of his legacy and prompted scathing headlines questioning his integrity.
(December 9, 2004) But Chilean media refute allegations.
(December 7, 2004) Former Chilean dictator Gen. Augusto Pinochet is alleged to have received multimillion-dollar payments from the governments of several countries, including the United States, during his 25-year rule.
(December 1, 2004) Human rights lawyers and Chilean tax authorities have filed complaints against the former dictator, whose popularity is waning.
(November 29, 2004) Argentina’s debt issues serve as catalyst for change.
(November 24, 2004) Argentina said it will put off launching its record $102.6 billion debt restructuring from next week until Jan. 17 due to delays abroad in approving the debt swap proposal.
(November 11, 2004) In Venezuela, President Chávez already has far too much political power, checks and balances do no exist and he is the only one who decides how money will be used: analyst.
(November 10, 2004) Argentina’s $US100 billion debt restructuring will not only be the biggest and most contested in modern history. It is also likely to unleash a legal battle without precedents between a state and its creditors.