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Tag Archives: vulture funds

Vulture Funds Curbing African Development

Vulture Funds Curbing African Development

In late 2012, vulture funds came to light with the bold seizure of an Argentine naval vessel, the ARA Libertad, in the Ghana port city of Tema. After two-and-a-half months under the control of the U.S.-based vulture fund NML capital — run by billionaire Paul Singer — the International Tribunal for the Law of the Sea in […]

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Ending “Doormat Politics” In Somalia

Ending “Doormat Politics” In Somalia

“More than ever, foreign policy is economic policy. The world is competing for resources and global markets.”   John Kerry Considering the positive trend of the past eighteen months, Somalia is en route to recovery, and, in due course, to re-engineer a better state from the ground up. The caveat being: in the long term, this […]

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The Golden Straightjacket and the Choke Effect in Practice

The Golden Straightjacket and the Choke Effect in Practice

This past week the Council on Hemispheric Affairs published an article on the Obama Administration’s actions to depressurize the relationship between Argentina and the “vulture funds” that made profit off Argentina’s default from their 2001 economic collapse. With so many formerly healthy economies in Europe now facing the same end game as Argentina did nearly […]

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