please do make summary this article in 3min presentation.just summary is fineArgentina moved closer to its second default in 13 years, after a U.S. court struck down the country’s request for more time to negotiate with a small group of holdout creditors.Argentina has largely run out of legal options in its long battle with hedge funds suing to collect on bonds affected by the country’s 2001 default. U.S. District Judge Thomas Griesa has ruled that Argentina must compensate the hedge funds at the same time it pays investors who exchanged defaulted bonds for heavily discounted new debt. Separately, Argentina said Thursday that it had deposited some $832 million at New York banks to make interest payments due June 30 on its foreign-currency bonds without paying the holdout creditors. Those payments included some $539 million deposited in an account held by Bank of New York Mellon Corp. at Argentina’s central bank.In a televised speech, Economy Minister Axel Kicillof accused the judge of trying to push Argentina into a new default. “The absurd ruling…constitutes a sophisticated way to try and bring us to our knees before global usurers,” he said. However, it is unclear if bondholders will actually be able to receive and accept the interest payments. Judge Griesa has said New York banks that send payments from Argentina to bondholders would be violating his orders if they helped Argentina skirt his ruling.Bank of New York Mellon, which processes payments for Argentina, didn’t respond to a request for comment.By announcing the payments, Argentina is trying to demonstrate its willingness and capacity to pay restructured bondholders, while it is unable to because of the U.S. court order, analysts said. Mr. Kicillof’s stance was in line with Argentina’s strategy of polishing its nationalistic credentials at home by attacking the judge and hedge funds, while adopting a more conciliatory message abroad. “Any conduct that tries to hinder these payments to creditors constitutes a serious violation of international law,” Mr. Kicillof said.The payments come as Judge Griesa said in a signed order on Thursday that Argentina’s request for more time was “not appropriate,” adding that the court has no control over whether Argentina pays its restructured bondholders. Argentina had asked the judge to suspend his order so it could make Monday’s payments and have more time to negotiate with holdouts. Hedge funds led by Elliott Management Corp.’s affiliate NML Capital Ltd. and Aurelius Capital Management LP had urged the judge to reject Argentina’s plea, saying that allowing more time would give Argentina few incentives to negotiate. In a letter to Judge Griesa following Argentina’s announcement, the lawyer representing the hedge funds asked the judge to call a hearing to address what he called a violation of the court’s order. Argentina has balked at paying the holdouts, saying it would be bankrupted by an avalanche of other creditor claims. If Thursday’s payments don’t make it to bondholders, Argentina could sink into a technical default, with a 30-day grace period to pay before it faces a full-blown default.Argentina’s Merval stock index fell 2% Thursday. The price on the country’s dollar bonds that mature in 2033, whose interest payment is due on Monday, dropped after the judge’s denial to 86 cents on the dollar, from 87.5 cents. The yield rose to 10.14%, from 9.92%, as bond yields move inversely to prices.Argentine Economic Minister Axel Kicillof speaks during a news conference at United Nations headquarters earlier in June. Associated Press Still, the bonds are trading higher than where they were before the U.S. Supreme Court declined to hear Argentina’s appeal in the case on June 16 as investors bet the two sides would strike an 11th-hour deal before a new default. Lawyers for the two parties met Tuesday with court-appointed mediator Daniel Pollack, according to a statement from Mr. Pollack. Though no agreement was reached, they agreed to keep discussions confidential to improve the chances of a resolution. Argentina defaulted on about $100 billion of debt in 2001. The country later offered holders of the defaulted bonds new securities valued at about 33 cents on the dollar. Between the two swaps, investors agreed to exchange almost 93% of the defaulted bonds.However, a small minority of bondholders, including NML Capital and Aurelius, opted not to restructure their bonds and instead sued for full repayment. The holdouts have won about $1.5 billion in court awards in the case now before Judge Griesa.These holdout creditors have scoured the globe for Argentine government assets in a largely unsuccessful attempt to collect on the court awards. Hedge funds have tried to seize central-bank funds, an Argentine navy ship and, more recently, satellite-launch contracts. Argentine officials said last week that the country has been the target of more than 900 creditor lawsuits. —Taos Turner and Matt Wirz contributed to this article.
Economy’s position:Argentina Situation Second default in 13 years Hedge funds suing: bonds affected by2001 default US court rule: compensate hedge funds Argentina’s response Deposited $832…
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Just In Time Lean Production 16 1 Problem Leblanc Electronics Inc In Nashville P
/in Uncategorized /by developer16.5 ProblemDiscount –Mart , a major East Coast retailer, wants to determine the economic order quantity (see chapter 12 for EOQ formula) for irs halogen lamps. It currently buys all halogen lamps from Specialty Lighting Manufacturers, in Atlanta. Annnual demand is $2,000 lamps, ordering cost per order is $30, annual carrying cost per lamp is $12.a.)
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Just Like Decimal Multiplication Binary Multiplication Could Also Be Converted A
/in Uncategorized /by developerJust like decimal multiplication, binary multiplication could also be converted as adding a series of numbers. For example, 210×310 = 210+210+210 in decimal number system, similarly, in binary number system 102 x 112 = 102 (shift left by 1 bit) + 102, meaning 102 times 2 then adds with 102 again. Using this method, solve the following binary multiplication, make sure to write detailed BINARY calculation steps:
a.) 10102 × 1102
b.) 101102 × 10012
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Just Need A Paragraph Opinionated Answer Many Other Democracies Such As Denmark
/in Uncategorized /by developerJust need a paragraph opinionated answer.
Many other democracies such as Denmark, Italy, and Australia, have a higher voting turnout than the United States. Some of those countries have automatic universal registration and more extended voting periods. Some have mandatory voting. Watch the following video and read the following articles concerning voting in the United States and around the world.
Why Do American’s Vote on Tuesday?
US GAO – Elections: Views on Implementing Federal Elections on Weekends
PodCast on implementing Federal Elections on Weekends
Worldwide Voting Standards
Would it be a good idea to have automatic universal registration of voters, extended voting periods and/or mandatory voting in this country? Explain. Would it be a good idea to move election day to a weekend? Explain.What should Americans be more concerned about voter turnout or voter fraud? Which is more of a threat to democracy? Your discussion posting should show evidence that you read and understood the materials presented.
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Just Need Guidance For Milestone You Will Be Required To Describe How The Data Y
/in Uncategorized /by developerJust need guidance.
For Milestone, you will be required to describe how the data you have collected will be used. Provide an outline or list of the data sources you have collected for your capstone project. You should include in this list a link to the data (if you have not developed it) and a brief description of how you plan to use the data for your research.
In addition to this outline of data, provide an example of metadata. This could be metadata written into the submission document or a screenshot of metadata created in a shape file. This is a “best practice” technique when developing data for research purposes.
From instructor: A rough draft of your data section not a traditional outline. So, you should describe where your data came from (???), what you are using it for (???), the author(s) of the data if you didn’t collect it yourself, the dates of your data, etc.
NEED GUIDANCE AND POSSIBLY AND EXAMPLE PLEASE.
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Just Read The Instuctionits A 1 Page Essaythis Powerpoint Contains Slides With Q
/in Uncategorized /by developerjust read the instuction
its a 1 page essay
This powerpoint contains slides with quotes about motivation. you should write a one (1) page essay describing how you can identify with one (1) of the quotes within the powerpoint and how you will use apply the motivation to your life the due date for this assignment is next wednesday March 6, please let me know if there are questions.
You can chose any of them
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Just Simply Answer This Questions Below This Quote Author Name Is Edmund Bruke I
/in Uncategorized /by developerIn four to five sentences, write what you feel happens when we do know historical events about a culture, group, civilization, or people.Surname 1 NameCourseTutorDate“Those who don’t know history are doomed to repeat it”The quote tries to bring out the need for one to seek to understand why and howthings happened in the…
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Just Summary Is Fine Argentina Moved Closer To Its Second Default In 13 Years Af
/in Uncategorized /by developerplease do make summary this article in 3min presentation.just summary is fineArgentina moved closer to its second default in 13 years, after a U.S. court struck down the country’s request for more time to negotiate with a small group of holdout creditors.Argentina has largely run out of legal options in its long battle with hedge funds suing to collect on bonds affected by the country’s 2001 default. U.S. District Judge Thomas Griesa has ruled that Argentina must compensate the hedge funds at the same time it pays investors who exchanged defaulted bonds for heavily discounted new debt. Separately, Argentina said Thursday that it had deposited some $832 million at New York banks to make interest payments due June 30 on its foreign-currency bonds without paying the holdout creditors. Those payments included some $539 million deposited in an account held by Bank of New York Mellon Corp. at Argentina’s central bank.In a televised speech, Economy Minister Axel Kicillof accused the judge of trying to push Argentina into a new default. “The absurd ruling…constitutes a sophisticated way to try and bring us to our knees before global usurers,” he said. However, it is unclear if bondholders will actually be able to receive and accept the interest payments. Judge Griesa has said New York banks that send payments from Argentina to bondholders would be violating his orders if they helped Argentina skirt his ruling.Bank of New York Mellon, which processes payments for Argentina, didn’t respond to a request for comment.By announcing the payments, Argentina is trying to demonstrate its willingness and capacity to pay restructured bondholders, while it is unable to because of the U.S. court order, analysts said. Mr. Kicillof’s stance was in line with Argentina’s strategy of polishing its nationalistic credentials at home by attacking the judge and hedge funds, while adopting a more conciliatory message abroad. “Any conduct that tries to hinder these payments to creditors constitutes a serious violation of international law,” Mr. Kicillof said.The payments come as Judge Griesa said in a signed order on Thursday that Argentina’s request for more time was “not appropriate,” adding that the court has no control over whether Argentina pays its restructured bondholders. Argentina had asked the judge to suspend his order so it could make Monday’s payments and have more time to negotiate with holdouts. Hedge funds led by Elliott Management Corp.’s affiliate NML Capital Ltd. and Aurelius Capital Management LP had urged the judge to reject Argentina’s plea, saying that allowing more time would give Argentina few incentives to negotiate. In a letter to Judge Griesa following Argentina’s announcement, the lawyer representing the hedge funds asked the judge to call a hearing to address what he called a violation of the court’s order. Argentina has balked at paying the holdouts, saying it would be bankrupted by an avalanche of other creditor claims. If Thursday’s payments don’t make it to bondholders, Argentina could sink into a technical default, with a 30-day grace period to pay before it faces a full-blown default.Argentina’s Merval stock index fell 2% Thursday. The price on the country’s dollar bonds that mature in 2033, whose interest payment is due on Monday, dropped after the judge’s denial to 86 cents on the dollar, from 87.5 cents. The yield rose to 10.14%, from 9.92%, as bond yields move inversely to prices.Argentine Economic Minister Axel Kicillof speaks during a news conference at United Nations headquarters earlier in June. Associated Press Still, the bonds are trading higher than where they were before the U.S. Supreme Court declined to hear Argentina’s appeal in the case on June 16 as investors bet the two sides would strike an 11th-hour deal before a new default. Lawyers for the two parties met Tuesday with court-appointed mediator Daniel Pollack, according to a statement from Mr. Pollack. Though no agreement was reached, they agreed to keep discussions confidential to improve the chances of a resolution. Argentina defaulted on about $100 billion of debt in 2001. The country later offered holders of the defaulted bonds new securities valued at about 33 cents on the dollar. Between the two swaps, investors agreed to exchange almost 93% of the defaulted bonds.However, a small minority of bondholders, including NML Capital and Aurelius, opted not to restructure their bonds and instead sued for full repayment. The holdouts have won about $1.5 billion in court awards in the case now before Judge Griesa.These holdout creditors have scoured the globe for Argentine government assets in a largely unsuccessful attempt to collect on the court awards. Hedge funds have tried to seize central-bank funds, an Argentine navy ship and, more recently, satellite-launch contracts. Argentine officials said last week that the country has been the target of more than 900 creditor lawsuits. —Taos Turner and Matt Wirz contributed to this article.
Economy’s position:Argentina Situation Second default in 13 years Hedge funds suing: bonds affected by2001 default US court rule: compensate hedge funds Argentina’s response Deposited $832…
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Just Up The Road From Where I Live Is A Bread Shop Like Many Others I Often Buy
/in Uncategorized /by developerJust up the road from where I live is a bread shop. Like many others, I often buy our bread there on a Saturday morning. Not surprisingly, Saturday morning is the busiest time of the week for the shop and as a result it takes on extra assistants.During the week only one assistant serves the customers, but on a Saturday morning there used to be five serving. But could they serve five times as many customers? No, they could not. There were diminishing returns to labour.The trouble is that certain factors of production in the shop are fixed:o The shop is a fixed size. It gets very crowded on Saturday morning. Assistants sometimes have to wait while customers squeeze past each other to get to the counter, and with five serving, the assistants themselves used to get in each other’s way.o There is only one cash till. Assistants frequently had to wait while other assistants used it.o There is only one pile of tissue paper for wrapping the bread. Again the assistants often had to wait.The fifth and maybe even the fourth assistant ended up serving very few extra customers.I still frequently shop at this same bread shop and they still have only one till and one pile of tissue paper. But now only three assistants are employed on a Saturday! The shop, however, is just as busy.2) How would you advise the baker to extend his shop, thereby allowing more customers to be served on a Saturday morning?
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Just Want To Know The Below Complex Sentences Are Grammatically Correct
/in Uncategorized /by developerJust want to know the below complex sentences are grammatically correct? Thank you.
Although the concept relating to the financial crisis was complicated, the professional, who had been thoroughly trained, was able to explain it and its great impact on our economy.
2. A gang of terrorists, who ignored the consequences of being killed or jailed, set off bombs deliberately in crowd areas, causing serious injury or death to people in Paris.
3. People should make more friends and share their feelings in order to relieve stress, which can cause a lot of serious problems such as low self-esteem and self-harm.
4. Police have been trained to be more cautious about any signs of terror attacks, however, It is difficult for them to prevent attacks in some situations, include terrorists posing as refugees to enter Europe.
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Just Wondering If You Could Break This Question Down For Me
/in Uncategorized /by developerJust wondering if you could break this question down for me?
Potential GDP is $12 trillion and if real GDP equaled potential GDP, the budget deficit would be $1 trillion.
Real GDP actually equals $14 trillion and budget surplus is $3 trillion.
The economy has a structural ________ and a cyclical ______________
looking for structural surplus/deficit and cyclical deficit/surplus in exact quantities
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