The vulture funds bought up distressed debts from the past for pennies on the dollar; now they are demanding repayment of the whole original value, thus making a killing.
What this means politically is very much up in the air, but one thing that is certain is that Guatemala's political nightmares are not over.
The current corruption crisis zeroing in on Turkish Prime Minister Recep Tayyio Erdogan has all the elements of one of his country's famous soap operas that tens of millions of people all over the Middle East tune in to each day: Bribes, shoe boxes filled with millions in cash, and dark whispers of foreign conspiracies.
Grassroots protests against the despotic regime of Sudanese President Omar Hassan al Bashir continue, and the government is feeling its hold slipping.
The president of Panama is putting on a big show right now. Is it for the benefit of the voters in the 2014 presidential and legislative elections, or is it for the U.S., the historical kingmaker of Panamanian politics?
The so-called Guptagate scandal that has gripped South Africa over the past month has further exposed the scale of corruption dogging the ruling ANC. President Zuma was reportedly incandescent with rage.
Indian voters rejected the reactionary Hindu-nationalist party, known as the BJP, in a recent state election. The huge loss spells trouble for the ultra-right party in the 2014 national elections.
The hunger strike launched by Anna Hazare in Delhi has led to an outpouring of support from all over the country, but to end corruption you have to target the source.