Argentinian naval vessel held by Ghanaian court over bond default…
There’s a couple of things worth noting about economics this weekend, but since I’m short of time, I’m starting with the simplest and possibly the least worthy of note: …the ARA Libertad, a navy training ship seized in Africa nearly three weeks ago as collateral for unpaid bonds dating from the South American nation’s economic crisis a decade ago. Hmmmm, yep. Ten years ago and Argentina’s default is still haunting even their armed services because the bondholders haven’t gone away …