By Matthew Russell Lee
UNITED NATIONS, June 25 -- When Argentina's foreign minister Héctor Timerman held a press conference at the UN at 6 pm on June 25, it came after he and Economy Mininster Axel Kicillof presented Argentina's case against hedge funds to the Group of 77. Tweeted photo here.
Inner City Press thanked the ministers on behalf of the Free UN Coalition for Access, then asked if Elliott Management and Aurelius Capital hold stakes in other G77 members, and if the case shows the need for reform, that countries should have at least the same debt restructuring rights as corporations.
Kicillof added, states and the people (pueblos) they represented. He said that in the G77 meeting, Peru had spoken. An attentive Inner City Press reader chimed in with a question about Ecuador, which sold bonds just this week.
But in that case, new language tried to avoid the Argentina decision of the US Supreme Court, just as Belize and Armenia have also done on their debt.
Kicillof was returning to Buenos Aires after the press conference; Timerman will still be in New York for another media availability on June 26 at 1 pm. Watch this site.
