Friday September 25, 2020

The Week: This week under the spotlight

Newsmaker: Axel Kicillof, economy minister, Argentina

3rd August, 2014
Axel Kicillof: standing up to 'vulture' bondholders.

Newsmaker: Axel Kicillof, economy minister, Argentina

On Tuesday, Axel Kicillof, Argentina’s mercurial economy minister, touched down in New York in the hope that a deal could be done. Two days later, Argentina defaulted on its debt – for the second time in 13 years – after last-minute talks with a group of bondholders ended in failure.

As Kicillof has taken a stand against “vulture” bondholders on behalf of Argentina, the minister has become something...

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