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Infobae's Daily News Update

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The future of Argentina's economy could be in the hands of the United States Supreme Court, where its members are expected to reach a decision on an appeal filed by Argentina against a lower court ruling that ordered the country to pay the bondholders that refused to accept the previous debt restructurings. The court can reject the case, take it or ask Attorney General Eric Holder for his opinion on the matter. Cabinet Chief Jorge Capitanich offered his morning press briefing on Thursday and was asked about the accusations of secrecy and corruption coming from the opposition. Capitanich decided to play down recent scandals - such as the one involving Vice-President Amado Boudou or senator Pino Solanas' accusations against Economy Minister Axel Kicillof after he failed to disclose the details of the agreement with the Paris Club - and said that the opposition is "always entitled to make accusations" and press charges against whoever they see fit. Economy Minister Axel Kicillof also referred to the scandal surrounding the Vice-President and discussed the administration's controversial decision to nationalize Ciccone, the money printing company that was at the heart of the scandal, back in 2012. Kicillof explained that "whenever a company goes broke, the Government should always be concerned, not because of what happens to its owners but because of its role in society." He said anytime a big company is not able to pay a debt, he personally would personally look to intervene. President Cristina Fernández de Kirchner flies to Bolivia to attend the G77+China summit this weekend, and she is expected to cross paths with her Iranian counterpart Hassan Rouhani. This will be the first time they meet since a Federal Court struck down the controversial Memorandum of Understanding signed between both countries that intended to create a truth commission so that a joint investigation of the 1994 AMIA bombing could be conducted. As the countdown to the World Cup's opening ceremony nears zero, the situation in Sao Paulo is indeed chaotic. The military police clashed with protesters and used tear gas to break up the demonstrators who were marching to the stadium, where the opening ceremony will be taking place. Protesters are demanding better public services and complaining about the "incredibly high cost" of staging the World Cup in a country that is still dealing with poverty.

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