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Falklands and replacing the dollar, priorities for Argentina/Moscow agenda, argues Russian ex diplomat

Saturday, April 25th 2015 - 05:08 UTC
Full article 32 comments

The cooperation agreements recently signed by Argentina with Russia could be a Buenos Aires' response to the situation with the disputed Falkland Islands territories, former Russian ambassador to Argentina Evgeny Astakhov told the Russian news agency, Sputnik International on Friday. Read full article

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  • gordo1

    “Argentina is an independent and economically self-sufficient country” - what fawning nonsense! Absolute “caca de toro”!

    Apr 25th, 2015 - 06:02 am - Link - Report abuse 0
  • Orbit

    And in other news Putin has agreed to German sovereignty over large swathes of Western Russia. “Yes they brutally invaded, yes we kicked their arses out and back to Berlin, but now that they have asked for dialogue at the UN about it, we consider it a valid claim” said Astakhov.

    Apr 25th, 2015 - 07:20 am - Link - Report abuse 0
  • Steveu

    I particularly liked “... by agreeing to consider bilateral trade in the two countries' currencies, Peso and Rubble.”

    Have things got so bad in Argentina that rock is a negotiable currency?

    Apr 25th, 2015 - 08:51 am - Link - Report abuse 0
  • Voice

    “The former ambassador added that conflict with the United States is not in the interests of Argentina”
    ....master of the understatement.
    He should have also added...
    That conflict with the United States is not in the interests of Russia...

    Apr 25th, 2015 - 09:10 am - Link - Report abuse 0
  • brasherboot

    Obama's time is waning. The USA is likely to go more right wing.

    I wonder what the new government will think of the old tyrants on their doorstep?

    Apr 25th, 2015 - 10:25 am - Link - Report abuse 0
  • Conqueror

    @3. Surely you can see the point in a hopeless failing country associating itself with a helpless failed country whose currency 'might' apparently be worth six times as much. (Check exchange rates!)

    I wonder why Astakhov thinks it is an argie response to the history of the Falklands? A history including such minor matters as Britain discovering the Islands in the first place. Offering spain a war if it didn't back off. Seeing off various pirates by diplomatic methods. And restoring legal rule. Despite the efforts of criminal colonials from nearby.

    Always worth noting that 'inheritance' is not a legal method of acquiring territory. And never has been.

    No Falklanders, no talks.

    “I think that Argentina will join the efforts to make changes in the financial system and the global economy,” Astakhov said.
    Of course it will. As it tries every means to avoid paying its debts. Tips for Russia. Get your hands on the money first. Then waste it.

    “This situation is not convenient for China, not for India, Brazil or Argentina, which want to integrate into the recently established BRICS Development Bank,” Astakhov stressed.
    On the other hand, it might be convenient for the other 202 countries in the world.

    And, wow! 40% of the world's population generates 20% of global GDP. So half of Brazil is out trying to murder the other half, half of Russia is out invading places and starting wars, half of India spend their time raising rice and mending its bicycles, half of China is mending its bicycles and dying from smog and half of South Africa is still trying to figure out how to farm. Argieland will be a perfect partner. It's still trying to figure out how to do anything legal!

    Apr 25th, 2015 - 10:33 am - Link - Report abuse 0
  • falklandlad

    Putin's only interested in gazing into her bust................ it would seem in this image!

    Apr 25th, 2015 - 12:23 pm - Link - Report abuse 0
  • Everyone_needs_ResveratrolL

    The power of the United States is severely overrated. Their only real power remaining for them is military, and that will slowly wane as well.

    Remember 2008, the United States basically was collapsing economically... and except for their poodles the EUians, NO ONE else felt a thing. A crisis and deep recession like that in the USA in the past would have created coups, revolutions, and civil war across the globe in the past.

    But nothing happened in 2008-2012.

    The dollar is truly a worthless currency merely based on supply and demand now. There is nothing tangible backing it up. When the world wises up, the USA will collapse because it won't be able to defend the currency WITHOUT raising rates to levels (4-5%) that will destroy their economy that is basically totally reliant now on 0% rates to fuel consumption and real estate transactions.

    They are a minor economic power now, and their GDP contribution is now under 18%.

    @1

    More self-sufficient than the UK? Absolutely. Put the UK in the same trade and capital market situation of Argentina, and you would not last 96 hours before starvation sets in, and your entire economic system collapses from lack of funding since you depend on bond-issues to roll your debt in perpetuity. You' be finished within a week, we have lasted 15 years!! To compare the self-sufficiency of Argentina and the UK is not even possible.

    @6

    Actually the UK is almost as unequal as the USA, which is today as unequal as Brazil is. In your cases it is worse because you are supposed developed nations yet incapable of balanced economic growth, that is pretty embarrassing.

    Apr 25th, 2015 - 01:41 pm - Link - Report abuse 0
  • golfcronie

    Ah but you still owe US$ 70 billion, you thieves. Who wants to invest in your country only the desperate, Russia is running out of money as sanctions begin to bite.

    Apr 25th, 2015 - 02:40 pm - Link - Report abuse 0
  • Brasileiro

    The only harmed by the sanctions against Russia were the Western powers.

    Russia has already directed all its interests out of the Western orbit.

    Apr 25th, 2015 - 02:53 pm - Link - Report abuse 0
  • HansNiesund

    “I think it cold be an Argentine response to he history of he Falkands” says Astakhov

    Did he say, ahem, “Falklands”? Not much of fulsome Russian support for the Argentine claim there, then. Oh but they've “agreed to consider” trading in the peso and ruble.

    Apr 25th, 2015 - 03:13 pm - Link - Report abuse 0
  • brasherboot

    Putin is heading a VERY declining power and trying to be opportunist.

    If he can get western focus on the Falklands he hopes he can divert attention from eastern European problems.

    Russia is trying to merge two declining economies. Two declining economies do not equal a strong single economy; it merely increases decline.

    Apr 25th, 2015 - 04:43 pm - Link - Report abuse 0
  • Pugol-H

    @ 8 Everyone_needs_ResveratrolL
    “The dollar is truly a worthless currency”

    Yet it is still the main trading currency in all areas.

    And the Chinese hold very large reserves of “worthless” Dollars.

    Also Argentina maintains draconian restrictions on “worthless” Dollars leaving the country.

    The facts on the ground do not support your argument.

    It would seem that the real world, is very different to your dream world.

    Apr 25th, 2015 - 05:06 pm - Link - Report abuse 0
  • Briton

    In a nut shell then,
    CFK talks to much , but does very little to back it up,

    so brag as she may, support her if you are brainwashed,
    but facts are facts,
    and if you cant back it up , she becomes just another loud-mouthed twat.

    Apr 25th, 2015 - 06:43 pm - Link - Report abuse 0
  • Conqueror

    @8.
    ”According to economists, since 1854, the U.S. has encountered 32 cycles of expansions and contractions, with an average of 17 months of contraction and 38 months of expansion. However, since 1980 there have been only eight periods of negative economic growth over one fiscal quarter or more, and four periods considered recessions:
    July 1981 – November 1982: 14 months
    July 1990 – March 1991: 8 months
    March 2001 – November 2001: 8 months
    December 2007 – June 2009: 18 months
    Didn't notice the US world coming to an end!

    I'm afraid that you don't understand that not every country has the basic economy as argieland has. Many countries have progressed beyond the 'peasant' level that argieland has managed to attain. Go take a look at where your GDP comes from. Apparently the largest sector is services. Except that trade in services is in deficit. You buy more services than you sell. What is the real basis of your GDP? Agriculture, animal husbandry, what you can dig out of the ground. And plenty of other countries can beat you at all of them.

    Equality? Who wants equality? Equality is for sheep and argies. Here's a funny statistic. In 2013, argieland produced 791,000 motor vehicles and exported 433,000, mainly to Brazil. In return, Brazil exported a larger number of motor vehicles to argieland. You build crap. Actually, it's just assembly, isn't it? And the UK produced twice as many vehicles. 1,597,433!
    @10. A little quote: 'Both those sanctions applied to Russia and Russia's import bans in response have contributed to the collapse of the ruble and the 2014–15 Russian financial crisis.' If 'Russia has already directed all its interests out of the Western orbit', why did it introduce reciprocal sanctions? Western sanctions should make no difference. Right?

    Apr 25th, 2015 - 07:40 pm - Link - Report abuse 0
  • Troy Tempest

    15 Conq.

    Astute observations!

    Apr 26th, 2015 - 03:47 am - Link - Report abuse 0
  • Englander

    Brazil has decided to leave the BRICS and it is rumoured that Pakistan will take its place.

    Apr 26th, 2015 - 06:30 am - Link - Report abuse 0
  • malicious bloke

    @17, lol

    Apr 26th, 2015 - 07:43 am - Link - Report abuse 0
  • Andy65

    @8 Everyone_needs_ResveratrolL You really do talk a lot of shite

    Apr 26th, 2015 - 10:33 am - Link - Report abuse 0
  • Brasileiro

    @15 Wrong. Reciprocity between governments, people and economic interests will always be reciprocal.

    The truth is that Western Europe and North America have never been isolated as today.
    The truth is that their crisis is here to stay. They have no else to explore. It is equal to a family of mice starving, eventually eating each other.

    Apr 26th, 2015 - 01:16 pm - Link - Report abuse 0
  • Skip

    What crisis?

    It is Brazil that is in crisis. And Russia. And China.

    Wake up. IT'S 2015!

    Apr 26th, 2015 - 01:26 pm - Link - Report abuse 0
  • darragh

    @20

    “ Reciprocity between governments, people and economic interests will always be reciprocal” - so reciprocity is always reciprocal.................

    Brilliantly put - and not only that rain will always be wet!!!!!!!!!!!!!!!!

    Apr 26th, 2015 - 03:26 pm - Link - Report abuse 0
  • Brasileiro

    @ You are a Genius!

    Apr 26th, 2015 - 03:46 pm - Link - Report abuse 0
  • RICO

    Wow someone should pass a law allowing countries to enter into contracts in whatever currency they want rather than forcing countries like Argentina to use dollars rather Pesos or Rubble.

    I wonder if there could possibly be a reason why people would prefer to enter into contracts in yankee dollars?

    Apr 26th, 2015 - 05:37 pm - Link - Report abuse 0
  • ChrisR

    Well I am awaiting the imminent arrival of our six monthly transfer of money from my UK International Money Broker directly into our bank in Uruguay.

    You know, I never gave the Russian 'Rubble' a thought, or the UYU Pesos, or the argie arsewipe, or the Brazilian 'Real' (surely the oxymoron for 2015).

    No, it was the good old US Dollar which has hardened against the UYU Pesos to such an extent that we still get the same quantity of Pesos per GBP as we did when we first came over in 2011.

    Pity the intrinsic value of the UYU Pesos has itself withered a little in-country due to inflation, but which currency has not? Apart from the argie arsewipe of course!

    Apr 26th, 2015 - 06:50 pm - Link - Report abuse 0
  • golfcronie

    Anyone know the exchange rate for Rubles to Argie pesos and vice versa perhaps one needs to convert to US$ and then to Argie pesos and the same with Peso to Ruble

    Apr 27th, 2015 - 04:09 pm - Link - Report abuse 0
  • Room101

    Here, in the article, it is evident that we read that the Russians are speaking for Argentina:
    Confrontation material.

    Apr 27th, 2015 - 05:10 pm - Link - Report abuse 0
  • ChrisR

    @ 26 golfchronie
    Ruble (new) to dollar: ONE 'Rubble' buys 0.019274 Dollar
    (51.88 Rubbles to ONE dollar)

    Argie arsewipes 8.890900 to ONE dollar.

    ONE Argie arsewipes buys 5.774800

    My International Money Broker firm does not offer ANY trade in argie arsewipes. The arsewipes are swapped at BsAs (NOT NYC). No arsewipes in return.

    Must be great to have such a strong currency as The Argie Arsewipe!

    Apr 27th, 2015 - 06:30 pm - Link - Report abuse 0
  • Briton

    Its all a question of money and power,

    Russia has, what Argentina does not, and yearns for,
    thus-the master [Russia] does in fact take the poodle [CFK ] for a walk.

    Apr 27th, 2015 - 06:34 pm - Link - Report abuse 0
  • Troy Tempest

    I call that photo at the top, “Vlad the Impaler meets the Wicked Witch of the West”!

    Apr 28th, 2015 - 02:51 pm - Link - Report abuse 0
  • Pugol-H

    @30 Troy Tempest
    More like “Ivan the Terrible”, dear old Vlad was Rumanian.

    Apr 28th, 2015 - 05:56 pm - Link - Report abuse 0
  • Troy Tempest

    31 Pugol

    Thanks, I stand corrected.

    I saw the white, nearly bald pate, hooded cold eyes, and the long fingers and oddly cut nails... Nosferatu jumped to mind!!

    Apr 28th, 2015 - 06:34 pm - Link - Report abuse 0

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