Relaciones con el Club

Amidst growing agricultural and Chinese oil investments, the Paris Club of investors rejected Finance Minister Amado Boudou's latest long term debt modification proposal relating to the 2001 default. The group of creditors, mostly comprised of American and Italian bond and vulture funds, wants a faster repayment or punishment handed out by Judge Thomas Griesa of the Southern District of New York. In this scenario, similar IMF investigations and sanctions regarding false inflation statistics would extend to the debt negotiations. More fuel for the opposition heading into October elections?