Argentina Wins Overwhelmingly At UN, But 11 No Votes Matter Most

In a nod to Argentina’s position, the UN General Assembly strongly endorsed a new legal bankruptcy framework for sovereign debt restructuring. But it was those who voted against it that may matter most.

Argentina's advocated bankruptcy process could make debt restructuring difficult
The bankruptcy process being advocated could make it more difficult for “hold-out investors” such as NML Capital and exclusively for paying members. Access all of our content on including years of timeless investment news and in depth analysis for only a few dollars a month by signing up here while also supporting quality content and journalism, or learn more about our premium content here

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