The Independent – Outlook Time is running out for Cristina Fernandez de Kirchner. While the Argentinian President has been talking tough about defying the hedge fund “vultures” carrying out “extortion” on her country, in reality her options are rapidly disappearing.
The US Supreme Court’s ruling that she must pay in full the hedge funds led by NML and Aurelius – and by the end of the month, according to some accounts – means she must negotiate, and negotiate fast.