Argentina will adopt tough measures to guard nine years of economic achievements
Argentina has “stronger financial support than other countries” and will adopt tough policies to guard the nine years of economic achievements, said Economy Deputy Finance Minister Axel Kicillof addressing the Lower House Budget and Finance Committee to discuss the main guidelines for next year’s budget.
However despite having stressed Argentina’s resilience to the international economic crisis Kiciloff made an appeal for the Congress “to take into consideration the seriousness of the world crisis situation”.
The Deputy Minister who was accompanied by Economy Secretary Juan Carlos Pezoa and Finance Secretary Adrián Cosentino, also stressed the country was prepared to go to great lengths to shield itself from the international recession.
“Our country will adopt tough policies to guard the nine years of economical achievements we have had” Kiciloff said before the Committee.
The budget originally presented by Economy minister Hernan Lorenzino last week unveiled some gross facts of the draft bill such as a forecasted growth of 4.4% for next year, as well an estimated annual inflation rate of 10.8%, a US dollar exchange rate around 5.10 Pesos, and a country’s trade surplus of 13.32 billion dollars.
Likewise, the Minister had confirmed the continuity of the government’s policy of meeting all debt payments by using the foreign currency reserves of the Central Bank.
Precisely on this point lawmaker Fernando Yarade, deputy chairman of the Lower House Finance Committee anticipated that Argentina will have to tap fewer central bank reserves in 2013 than it did this year because of declining obligations.
“The policy to keep cutting the country’s debt will continue,” Yarade said. “It’s very probable that there will be an additional inflow of about 13 billion dollars in export revenue this year that will boost central bank reserves”.
President Cristina Fernandez has appealed to central bank reserves to pay debt since 2010 as Argentina remains blocked from international credit markets following its default on 95bn of sovereign bonds in late 2001. Reserves are currently in the range of 45.3bn down from 47.8bn on April and a record 52.6bn in January last year.
The Argentine central bank transferred about 6.6bn from its savings to the treasury to make payments in 2010, 7.5bn in 2011 and is scheduled to send 5.7bn in 2012.
The 2013 budget proposal forecasts economic expansion of 4.4%, double the 2.2% growth that the World Bank predicted for Argentina in 2012. But Yarade insists “the economy will have better international conditions than this year and that will have a positive impact; the outlook is good taking in mind that the price of soybeans, wheat and corn are higher and that a better harvest is expected.”
Argentina’s foreign debt climbed to 141.997 million dollars at the end of June according to the country’s stats office Indec. This represents an increase of 311 million dollars over the end of March.
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But is,,,,
at B3, six levels into junk territory
worth protecting..lol.
.
YPF described the meeting as “very positive,” while a spokesperson told AFP that ExxonMobil would have no comment.
Isn't this the same commend they get from every oil company? We will take it under advisement don't call us we'll call you.
hahhaha
They're all waiting for the regime to fall the o/g isn't going anywhere and tey can wait and wait and wait...
Economic achievements! FPMSL!!!!!!
SO what do you suppose “tough Measures” are? Cut off more imports, thus more trade complaints and risking decrease exports? Stealing more international businesses before they close shop and move out, like IBM is preparing for? Print more toilit pap.....I mean pesos? Default on Decemeber's debt payments?
I'm sure they will try and wait it out but if they can't see any improvement they can pack up and move to Brazil. In the long run it is probably a better option anyway.
It is hard to say if CFK is around another year she'll be lucky and all the Int'l companies will have to make a the tough decisions then.
I'm wondering if the government is hoping there is a protracted court case over the legality of the action so that Argentina can use it as an excuse to delay any payment forever.
@6 Amazing amount of theft, the personality of a whining dog, Polyfilla and lies constantly. Who am I talking about? CFK, of course!
@9 What she does is to steal the money and salt it away, probably in Switzerland. That's “guarding”, isn't it?
The end is surely near...
The clever thing is how they are going to manage it, but I bet they are all talking to Brasil.
Chuckle chuckle.
In troubled crime ridden states, this event would not even make it to the “fast scripts” (the news that packaged in 1-2 minute highlights), because they are just a daily fact of life.
The difference between civilization and barbarism, like Sarmiento said.
It aint something to be proud about .... sheesh
Well that is true, Mr. Philosopher. But I guess to quote Orwell: “Some animals are more civilized than others”.
That's how it went right?
It has been a very long while since I last read 'Animal Farm', but I think I remember it as “Some animals are more equal than others”?
Correct.
I just adapted it for my little version of Animal Farm. In my farm we still feel outrage for the ONLY deadly mass shooting in the last 25 years, that killed three students. In other countries, they have a mass shooting daily (not an exaggeration)
www.latimes.com/news/nation/nationnow/la-na-nn-minneapolis-shooting-20120928,0,7518307.story
and in those countries it is like reporting the sunrise and sunset, just a cursory daily segment of news.
I would have a shred of respect of Americans if any of the Americans present here would at least admit that their country looks like a craphole warzone this year because of the massive rampages that are happening daily!
Of course it has, they just are too lazy to call and ask. But why would you think the murder rate has gone up?
Take 2008 vs 2012. In 2008 there were 136 murders in Mendoza province. So far this year 87. There's three months left in year. As has been famously pointed out here, 53 murders in Mendoza through June 30.
What makes you think that in the 2nd half of this year the pace of murders will double or triple??? It would be international news by now.
So assuming the 2nd half is similar as the first half of the year, we willl have 106 murders, which is basically unchanged for the last year or two.
So where is the soaring danger of death in Argentine cities one reads here? It's a flight of fancy.
According to Wikipedia (International Homicide rates by Country) Argentina has a VERY marginally lower rate of homicide than the US. In fact the US sits on the list as just the next country above Argentina in rates of all the world's countries. The vast majority of the Western European countries have rates that are only a fraction of that of Argentina's or the USA's.
So your point about mass shootings is an emotionally charged piece of nonsense. The average Argentine is only slightly less likely to be murdered than your average US citizen. Your average Brit is far less likely to be murdered than either country's people.
It seems that when I am in Argentina or the US I am in a much more active WAR ZONE than when I am in the UK. Now don't get upset with me about this next bit because I've provided you with the source of the above information but I have to say that when I'm in Argentina or the US I FEEL less safe by about the margin the figures tend to indicate compared to when I am in the UK.
But to be honest the place (backed by figures) that leaves me feeling safest of all is that of the Falkland Islands, my home, which has had one SUSPECTED murder only (discounting what anyone on either side wants to say about 1982) in over 100 years.
Really?
What you say can be true in the countryside of UK.
Any one arriving into UK can tell you that the fist impression is quite shocking. You should go out more often around “big cities” in UK to get a real picture of how bad and dangerous it is to live there.
May be for you its is quite normal but not for foreigners.
In London (the capital of the knife stabbing) is pretty dangerous to go around at night. Nothing compared with Buenos Aires where you can walk all night for the streets without much concern.
And then you have the no go areas in UK where you can end decapitated by a fanatic religious.
To say quite simple another shitty hole in the world with a lot of marginal people homeless, jobless, etc in despair.
“Mugged BBC DJ Joanne Good: 'London is more dangerous than New York'”
www.standard.co.uk/news/london/mugged-bbc-dj-joanne-good-london-is-more-dangerous-than-new-york-7920376.html
If crime wasn't a problem you wouldn't have to live behind 12 foot walls and have private guards on every corner, retail stores are locked and require to be buzzed in, guards at banks have sub machine guns etc.
People live in a general state of fear not known in civilized countries.
It is one of the main reasons I moved back to the USA. Too many of my RG neighbors were getting commando assaulted, expressed kidnapped and cars boxed in, I had to live behind a 12 foot wall and had 2 security guards for my house. Not good.
But of course Rgs that have never traveled outside of there wouldn't know any better. They think the whole world is as bad as Argentina.
I don't know about other banks, but BROU (owned by the gov.) has always got at least two guards armed, albeit it just with 9 mm semi-auto pistols, on duty all the while the bank is open.
When the money truck arrives we get guards (inc. women) carrying pump 12g and MP38 look-alike sub-machine guns to watch the surrounding area and the unloading process itself.
Gives me a sense of confidence no-one is going to rob the bank while I am in it.
Yankeeboy, is this not exactly how it is in the States?
Every one one of my friends in BA has been mugged/assaulted at one time or another. Every single one. Ask your neighbor about it everyone says the same thing about how insecure it is.
Uruguay is much safer than Argentina. Much!
Sorry, Yankeeboy, I was not getting at the US, of course I know the difference between any decent area of the US and what passes as a 'decent area' in BsAs from the extensive range of photographs availablr on the net and Utube.
All I was commenting on is the way that, it seems, all LatAm countries, including the US guard their banks, and by implication, their customers safety.
When I moved to a house in Argentina at night my staff locked up the house like it was a fortress! All of the gates were locked, window shutters closed and locked, alarm set and we had guards!
I understand it was a precaution but there must have been some reason for it! We just don't have to worry here like that.
I spend most of my time in London when in the UK so I know what it's like. I am in the UK around 3 months of each year and I have lived here for stretches of up to 2 years a couple of times in the last 6 years. What you say cannot be backed up with credible figures.
Less than on person per 100,000 population gets murdered in the UK. In Argentina the figure is 4 to 5 per 100,000.
As TTT would say: you are just making this shit up. Go away and do some research and quote the sources in your statements. That's why TTT hasn't countered my post at 30; because he went away and looked up the stats.
What parts of B.A. are you walking around in at night, you must be armed, I would be!
No, I don't counter your post because, gasp, I wasn't on the computer all day today. Is that a crime or proof that I had nothing to counter?
(JB gears turning from stuck)
Why do you bring Europe to the discussion? We are talking about the Americas, and here virtually all countries aside Chile, Canada, Bolivia, and Uruguay have much higher murder rates than us.
Yankeeboy's “excuse” that crime is underreported is as we say “manotazo de ahogado”, and something an 8 year old would scoff and chuckle at. How can murder be underreported? What, people in Argentina just forget about a friend or relative if they don't show up? Its such a laughable excuse I don't even condescend to counter it.
And my home too, in my neighborhood of 400 homes (bout 1600 people), there's also never been a murder that I know of.
What do you think it is? A shopping mall in Canada, a movie theater or office building in the USA, or a school in Brazil or casino in Mexico where you are lucky to leave alive any of those God-forsaken places?
en.wikipedia.org/wiki/List_of_rampage_killers:_Americas
USA! USA! USA!
en.wikipedia.org/wiki/List_of_rampage_killers:_School_massacres
USA! USA! USA!
ps - notice how most countries in that list are “northern European”? As I said in the past to evertyone's hatred here, southern europeans tend to be corrupt, dishonest, and perhaps even a bit lazy, northern europeans psychophatic anti-socials, and attracted to young children.
Just observation.
And, you forgot to answer my question. Is the murder rate in the United States pretty similar to Argentina's?
You can do it little dude.
To the side.
Now, answer the question regarding the difference between the murder rates in Argentina and the United States. I see you conveniently keep avoiding that one. You can do it Tobester....
That aside...
I always laugh the rest of you act like 3rd graders, jealous of the smart so any time he makes a mistake they all dance and jump around.
What is this obsession with wealth? Does that make you happier? Does that make you less likely to die if someone overdoses you on arsenic? That's why I have no respect for Americans, they think they are better based on how their bank accounts look... but what good does that do when you are shot down like wild game in you streets?
If you were such a happy country, you would have no mass shootings. But you have more of them than all other countries put together.
Yeah, sure looks like you are a happy society.
“Where I grew up we didn't even have keys to our house!”
Because you are from the countryside idiot and you are comparing your little shitty town in nowhere in USAMex with a large city like Buenos Aires.
US has the most dangerous cities in the world compared with war zones and drug cartels headquarters.
Americans citizens are afraid to be killed for criminals and to be killed or abused for fats ignorant incompetent policemen as well.
www.youtube.com/watch?v=CDTIviQp2pM&feature=related
www.youtube.com/watch?v=YbFBgk1b0rg&feature=related
www.youtube.com/watch?v=ZqyTIYi6QOo
www.youtube.com/watch?v=OqCNW_hGiOg&feature=related
@Joe Bloggs
Really?
London is one of the most dangerous cities in Europe and far more dangerous than BA with a copy paste US gang culture.
London has long history of gang culture and since the ’90 has even worsening with the easy introduction of weapons from East European countries.
Full of young drug dealers fighting and killing each other for territory.
Have you ever heard of the “Arifs from South East London”?
en.wikipedia.org/wiki/Arifs_(gang)
Peckham Boys?
en.wikipedia.org/wiki/Peckham_Boys
Tottenham Mandem?
sites.google.com/site/londonstreetgangs/gang-lists/inactive-or-defunct-gangs/tottenham-mandem-northstar
The Yardies
news.bbc.co.uk/2/hi/uk_news/england/1993920.stm
Do you need a weapon supplier in London? Lambie pretty scary isn’t it?
www.youtube.com/watch?feature=player_embedded&v=iUhiNKY69eM
Knife culture 15 minutes from Westminster in London and teenagers carrying knifes fearing to be attacked for others.
www.youtube.com/watch?v=IlMwIOpgh1E
www.youtube.com/watch?v=iZHjQLjSLBs
So your statistics only look good on papers if you think that London is a safe place you are mad is a war zone. Sorry...
And I’m the person who accuses me of being “making shit up”?
Give a brake mate...
However the murder rates of countries worldwide indicate that pretty much the same rate of murder exists in Argenina as in the US and the rate in Western Europe is far less. Given that the number of mass murders that take place in the US doesn't take place in Argentina, there must be a hell of a lot of individual murders happening in Argentina. Frankly I don't fear being the victim of a mass murder any more than an individual murder. It's murder.
Now to Dany Boy. Oh Dany Boy (LOL, sorry. I had to do that).
Less than 1 person per 100, 000 get murdered in the UK. I accept that you are most likely more at risk in London than in the country or even one of the home counties around the capital. Having said that, the same must apply to Argentina mustn't it? Or are there lots of other large cities in Argentina with gang / drugs problems?
Therefore you just can't reconcile your claim of London being a war zone/ knife capital of the world with a ratio of 4 or 5 to 1, the rates of murders in Argentina vs. the UK.
I'm in London right now. I'm in Westminster and I have been for over two weeks. I go out walking after work every night and so far I've been mugged twice, had my hotel room broken into once and I've been abused and insulted 5 times but I haven't been murdered once yet. Maybe I'm using the wrong suppliers and pimps. LOL!
That was a joke by the way.
In the statistics that you sure are citing from UN appears Afghanistan with 712 murders and UK with 724.
So Afghanistan seems to be safer than UK even in wartime.
Italy has a rate of 1 related with murder crime and Uruguay has 6 even higher than Argentina.
I can assure you that this is a lie in Southern Italy teenagers kill people on the streets like dogs with Uzies.
I don’t have any problem to walk late at night in Uruguay or Buenos Aires I will not do that in Italy, London or Afghanistan without a Uzi, sorry your statistic do not convince me at all may be because I know how dangerous and silly could be that.
In the statistics also the air plane appears to be the most safer transportation but I prefer a crash with a car than a crash with an air plane.
So who is cooking the figures in UK and Italy?
Lets see Italy how safe it is
Milano a man trying to kill another with an axe (machete)
www.youtube.com/watch?v=fFf0ELvJe5I
Napoli
www.youtube.com/watch?v=wtmuCJcm0d0
www.youtube.com/watch?v=ndD8QYUhNpQ&feature=fvwp&NR=1
www.youtube.com/watch?v=OIyI3RdaEcE
www.youtube.com/watch?feature=endscreen&NR=1&v=hs5o3NfxZe8
I fund the technique that UK uses to have good statistics, they just cover up their incompetence as usual.
www.independent.co.uk/life-style/health-and-families/health-news/nhs-coverup-over-lost-cancer-patient-records-8191066.html
@ Captain Poppy
What happen Poppy don’t you like youtube?
BTW have you noted how dangerous is to be on the streets of US on this days?
www.youtube.com/watch?NR=1&feature=fvwp&v=-WPcLI40r2k
And how corrupt and incompetent US police is?
www.youtube.com/watch?v=Vtlhd1ZFkOA
www.youtube.com/watch?v=fiEFjA9oIVQ
May be the 3er world is just knocking at your door?
Knock, knock...
news.yahoo.com/2-dead-1-wounded-shooting-fla-vfw-191834228.html
Oh! Poor Poppy he cannot accept that his messy country is becoming a big banana republic.
Even the idiot of Donald Trump can tell you that...
American Airports are “Third World”
www.youtube.com/watch?v=pruuuRWd8Qs
“When I look at airports in China, Abu Dhabi, in Qatar... and in different places we are like a third world country...” Sorry I did my best to transcript what he says because his English just sucks...
Now Poppy just a serious question... Don't you ever get tired of trying to lecturing others about what to do when you cannot get things done in your own shitty country?
In 4 years US has decline so fast that even in Burkina Faso are laughing about you.
In the next years you will be surpassed by China if you are not more unlucky and India surpass you too.
Your external debt is skyrocketing no way to be paid in less than 3, 4 generations if you start to change things right now.
What are u gonna do buddy? Move to Tijuana?
78 days and counting
Go to argentina of shutup.....you have no legitimate arguements or debating skills.
argentina's future is unfolding once again. As the USA and Europe rides out another cycle of economics, we sit and watch asslips slit argentinas throat. To believe what is heppening is no hair on my ass......or yours becasue you live somewhere elese with mom. Time will show her it's ugly colors.
Is not my fault that US becomes the laughing stock around the world mate.
One thing is the way you see your self another is how people see you.
New York Daily News
“Donald Trump refers to LaGuardia Airport as 'third world'”
“This country is a laughingstock throughout the world. It's being ripped-off by every country,” Trump said. “If you look at what China is doing, they're stealing our jobs, they're taking our money.”
O’Dwyer’s
Inside News of Public Relations & Marketing Communications
“Trump, Ikea See America as Third World”
“What does reality show host veteran Donald Trump have in common with Swedish furniture retailer Ikea?
Both consider the U.S. a third-world country.”
www.odwyerpr.com/blog/index.php?/archives/2320-Trump,-Ikea-See-America-as-Third-World.html
Los Angles Times
Ikea Looks at US as a Third World Country
“Swedwood's Steen said the company is reducing the number of temps, but she acknowledged the pay gap between factories in Europe and the U.S. “That is related to the standard of living and general conditions in the different countries,” Steen said.
Bill Street, who has tried to organize the Danville workers for the machinists union, said Ikea was taking advantage of the weaker protections afforded to U.S. workers.
“It's ironic that Ikea looks on the U.S. and Danville the way that most people in the U.S. look at Mexico,” Street said.”
www.huffingtonpost.com/janet-tavakoli/third-world-america-2012_b_1653745.html
“But in Chicago, there are more reasons for tears than laughter. Unemployment is high in many poor African American communities, and crime rates are horrific. One can barely call them communities. For too many, parenting skills are woefully inadequate. Innocent young children out in late night and early morning hours with a parent nearby having been shot.”
More Shooting Deaths in Chicago than in Afghanistan So Far This Year
No Utube link now what are you gonna say?
Do you mean I'm not Argentinische?
Oh! I was discovered by Captain Poppy what I gonna do, what I gonna do?
Io sono un ragazzo della Germania rubinato in Italia, cheme ne frega un cazzo...
ha ha ha
Can you see Poppy if you would be educated like me you would understand what I wrote in Italian.
But you only stick with your poor Spanglish, what I gonna do what I gonna do?
But you only stick with your poor Spanglish
a bit like youre poor engrish!!!
www.foxnews.com/world/2012/10/02/un-agency-says-it-will-stop-calculating-chile-stats-after-25-years/
Oh! Don’t worry according with Mr. Emeritus Professor “Scarfo” your American English is so bad as my English “English” from Finsbury Park, ha ha
your American English is so bad as my English
you posted engrish in the other thread?
fail
lol
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