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Out Vultures: Argentina Sues USA for Breach of Sovereignty

8-8-2014 < Humans Are Free 41 161 words
 

Stacy Summary: LOL, Caesar makes the rules and applies them arbitrarily; Caesar himself, however, is never subject to his capricious rule.


Argentina files legal action against the US at The Hague over debt default



"Out Vultures"

“Out Vultures”




Argentina has asked the international court of justice (ICJ) in The Hague to take action against the United States over an alleged breach of its sovereignty as it defaulted on its debt.


Argentina defaulted last week after losing a long legal battle with hedge funds that rejected the terms of debt restructurings in 2005 and 2010.


A statement issued by the ICJ, the United Nation’s highest court for disputes between nations, said Argentina’s request had been sent to the US government. It added that no action will be taken in the proceedings “unless and until” Washington accepts the court’s jurisdiction.







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