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Argentina settlement surprise leaves few investors in the cold

Bloomberg Argentina’s historic return to capital markets is facing a new hurdle as holders of as much as $1.5 billion in bonds from its 2001 default say they’ve been unfairly left out of settlement offers. Some of those investors — including Fore Research & Management LP and Varde Partners — teamed with others seeking to keep a judge’s order in ...

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On Cuba, Obama paves path for others to follow

Bloomberg If the president can take his family to Cuba, other Americans will want to follow. And if blue-chip companies such as Google and Starwood are opening there for business, so will other companies. More important than any diplomatic negotiation during President Barack Obama’s historic visit, are images from his visit that the administration says solidify public perceptions of the ...

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The biggest cyber heist ever?

It’s a big story that has stayed beneath the radar of most American media. Somehow, cyber criminals stole $81 million from Bangladesh’s central bank (its Federal Reserve). The theft surely qualifies as one of the biggest cyber heists ever. It’s also a reminder that the world’s financial systems remain vulnerable to cyberattacks from groups or countries more interested in making ...

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