VOICED : Argentina: juez ordena seguir negociando

The transcript discusses a legal dispute between Argentina and hedge funds over debt payments. Judge Thomas Griesa ordered both parties to negotiate a solution. Argentina risks triggering a payment clause if it complies with the ruling. The failure to reach an agreement led to a partial default, with payments blocked by Griesa's order. Despite Argentina's stance that it hasn't defaulted, credit agencies declared a selective default, impacting the country's economic outlook.

What was the main demand of the hedge funds in the dispute with Argentina?

• To accept a reduced payment like other creditors

• To receive 100% of the debt owed

• To forgive the debt entirely

• To negotiate a new payment plan

What risk did Argentina mention if it complied with the court ruling?

• Triggering a clause to equalize payments to all creditors

• Losing its international credit rating

• Increasing its national debt

• Facing additional lawsuits from other countries

How did the Argentine government respond to the claim of being in default?

• By agreeing with the default declaration

• By stating that blocking payments is not a default

• By negotiating a new deal with the hedge funds

• By paying the debt in full

Which agency was the first to declare a selective default for Argentina?

• Moody's

• Fitch

• The International Monetary Fund

• Standard & Poor's

What was Moody's response to the default situation?

• They did not comment on the situation

• They declared a full default

• They maintained Argentina's rating but lowered the outlook

• They upgraded Argentina's credit rating