Next Tuesday the Ghana Supreme Court will be holding a hearing to consider a motion from the government of President Cristina Fernandez requesting the annulment of the injunction retaining Argentina’s navy training vessel ARA Libertad following a legal proceeding from a hedge fund holding Argentine defaulted sovereign bonds.
The Argentine Coast and Border Guards conflict remains unchanged Sunday night with the government advancing with some disciplinary actions while the big event is scheduled for Monday/Tuesday when the Cristina Fernandez administration is supposed to come up with a ‘satisfactory’ reply to the salary and working conditions petitions.
Argentina’s Security Ministry decided the intervention of the Border Guards’ Department of Judicial Affairs due to severe deficiencies found in the application of the officers' wage demands, which led to the current situation that on Friday night was beginning its fifth consecutive day of conflict.
Brazilian Foreign minister Antonio Patriota said on Friday that Paraguay could resume membership of Mercosur and Unasur without the need to wait for presidential elections next April 2013 as long as “full compliance with democracy” can be verified.
Argentine Border and Coast Guards members were moving into their fourth day of conflict despite the fact the government of President Cristina Fernandez had deposited their full pay-checks that had been ‘mistakenly’ severely cut, based on Decree 1307. Prospects are that the conflict could extend until Tuesday.
Chaco Governor Jorge Capitanich publicly regretted and apologized on Thursday for the major embarrassment caused by the suspension of an Argentina-Brazil friendly match scheduled for Wednesday night when the stadium floodlights failed.
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.