The U.S. Supreme Court has rejected Argentina's appeal of a lower court ruling in favor of predatory hedge funds that buy sovereign debt for pennies on the dollar and then seek repayment at full value. JubileeUSA, which had urged the court to rule against the vulture funds, has the story and their response here. This is very bad news and gives the lie to those who claim "rule of law" is sufficient regulation of markets.
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In This Issue
- Editorial: Seize this moment of encounter
- History reveals the long view of marriage
- Synod to be culmination of two years' preparation, consultation
- Special Section (in print only): Fall Books
Some articles are only available in the print newspaper and Kindle edition.
by Cathy Lynn Grossman, Religion News Service NCR Today
by Elizabeth A. Elliott NCR Today