Foreign minister Hector Timerman is in London and has reiterated his request and willingness to hold a bilateral meeting with Foreign Secretary William Hague, “the two alone, to address numerous issues of the bilateral and multilateral agenda”, says a letter from Argentine Ambassador Alicia Castro dated February 4 addressed to the Foreign Office and made public in Buenos Aires.
The Foreign Office has reiterated its concern about the Argentine’s government behaviour towards the Falkland Islanders and considers it ‘right and proper’ that they should be involved in the part of those meetings with Argentina that concern the Islands.
Argentina’s central bank reported that at the end of January it had reserves totalling 42.65 billion dollars which is the lowest level since President Cristina Fernandez took office in December 2007. At the time the central bank international reserves totalled 46.2 billion dollars. Only in April 2007 were reserves at a lower level, 38.6bn dollars.
Argentine Foreign minister Hector Timerman begins Monday a busy ‘Malvinas’ week in London with meetings scheduled in Parliament and later at the embassy with representatives from 18 different European groups that support UK/Argentina dialogue on the Falklands’ sovereignty
The British government’s decision to deny a meeting between UK and Argentina foreign ministers is proof of “weakness” and evidence of “the internal crisis situation” in the ruling coalition led by Prime Minister David Cameron, said Argentine Foreign minister Hector Timerman.
Argentina has made its final written arguments ahead of a February 27 US courtroom showdown against holdout bondholders demanding full payment of capital plus interests for sovereign debt from the default of more than a decade ago.
Following Friday’s IMF ‘declaration of censure’ on Argentina because of the lack of reliability in its inflation and GDP stats, and the country’s first reaction virtually describing the Fund as mother of all financial evils, Minister of Economy Hernan Lorenzino announced a new ‘national’ Consumers Prices Index to be implemented in the course of this year and which will replace the current GBA-IPC.
Argentina’s leading Jewish organization, AMIA, contrary to a few days ago when meeting Foreign minister Hector Timerman, rejected the deal signed by the government of President Cristina Fernandez and Iran to create an independent international ‘truth commission” to investigate the 1994 terrorist attack on AMIA and demanded the redrafting of a new accord.
The last round of the Falklands’ dispute between the UK and Argentina seems to have exposed a new blunder of Minister Hector Timerman, since according to the Foreign Office from the very request last December for a meeting with Foreign Secretary William Hague this month in London, the Argentine official was clearly informed that Falklands’ representatives would be present when the particular issue of the Islands was raised.
Argentina became the first country censured by the International Monetary Fund for not sharing accurate data on inflation and economic growth under a procedure that can end in expulsion. The declaration of censure was adopted Friday by the IMF 24-member board of directors and even if it doesn’t have immediate effects, the decision takes the country a step closer to sanctions that include barred access to IMF loans.