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Bloomberg described that "Telecom Argentina and also the community unit of fellow Mexican billionaire Slim's The usa Movil SAB (AMXL) Each individual have about a third in the country's wi-fi sector." Noting that "Fintech has investments in Argentina's sovereign debt and also in many restructured corporations such as a stake inside the state's greatest cable corporation, Cablevisión SA," Bloomberg quoted Martínez as saying, "We see great options for expansion during the Argentine sector and are committed to a crucial expenditure application to reap the benefits of These chances."[12]
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The Financial Moments revealed an post by Martínez on March 7, 2013, where he argued that Judge Griesa's "interference" may "make future sovereign restructurings difficult, environment a harmful precedent for the whole world's financial program." Succumbing to "the needs of holdout creditors," wrote Martínez, Griesa experienced requested the Argentinian governing administration to pay them $one.3 billion. Noting that the "all sovereign restructurings" were productive "partly simply because nations have most in their property safeguarded by legislation," Martínez characterised "holdout creditors" as "free riders" whom most nations pay off to stop harassment; even so, "Argentina's leadership, which understands the best way to combat, opted to protect alone in opposition to the planet's most litigious cash, which now want to gather in comprehensive.
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