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Expected Hedge Fund vs. Argentina Ruling Will Impact Global Poverty
Jennifer Tong
Any day, the US 2nd Circuit Court will rule between Argentina and hedge funds; the ruling will impact global poverty and poor country access to credit. Argentina preemptively filed an appeal with the US Supreme Court. Christine Lagarde, International Monetary Fund Managing Director, is requesting the Fund’s executive board file an amicus curiae brief to the US Supreme Court urging Argentina’s case be heard.

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