Argentina will have to come up with 10 million dollars or more as a bond to liberate the flagship of its navy, “Libertad” retained in the Ghanaian port of Tema, following on the request from a US hedge fund.
The administration of president Cristina Fernandez was facing on Wednesday the major challenge of her second mandate as thousands of troops and petty officers from the border patrol and coast guard, plus some naval and police sectors went on strike over wage cuts and working conditions.
Argentina claimed on Wednesday that the navy school training frigate “Libertad” has been retained in Ghana and blamed “unscrupulous financers” belonging to “vulture funds” who are demanding the payment of sovereign bonds, said the office of Minister Hector Timerman in an official communiqué.
Iran made major imports of Argentine soy-oil and soybeans between July and September as Iranian buyers found methods of making payments in the face of western sanctions, Hamburg-based oilseeds analysts Oil World said on Tuesday.
Argentine President Cristina Fernández again denied the existence of money exchange restrictions over the purchase of dollars by explaining that “Argentina has already paid 79.8 billion dollars so far this year”.
Kirchnerite philosopher and writer Jose Pablo Feinmann came out in defence of Argentine President Cristina Fernandez, CFK, with a very particular argument which even surprised supporters when he talked about onanism devotion and went as far as to compare her with US actress Marilyn Monroe.
Argentina's federal government has ordered supermarkets to offer a basket of 300 basic products at low prices amid a backdrop of what many economists say is one of the highest rates of inflation in the Americas.
The Rear Admiral who headed the landing and invasion of the Argentine forces in the Falkland Islands on 2 April 1982 died over the weekend. Carlos Büsser was under house arrest for his alleged participation in crimes against humanity during the last military dictatorship although he was never convicted.
The image of Argentine President Cristina Fernandez has fallen at 25.5%, to its lowest positive, very distant from the over 54% she enjoyed last November, following her sweeping re-election, according to a public opinion poll from consultants Management & Fit released over the weekend.
Former Economy Minister Domingo Cavallo assured that Argentina’s current problems are much more serious, than back in 2001 since nowadays “people are desperate because they want to preserve the value of their savings and the Government does not allow them to do so”.