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Mrs. Kirchner gets her way and will pay debts with Central bank reserves

Friday, January 8th 2010 - 08:11 UTC
Full article 11 comments

Argentine President Cristina Fernandez de Kirchner and her cabinet signed Thursday a disputed decree removing Central Bank President Martin Redrado from office amid a fight over the use of bank reserves to pay debt due this year. Read full article

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  • Bubba

    Finally doing the right thing instead of the “popular” thing.

    Jan 08th, 2010 - 03:21 pm - Link - Report abuse 0
  • cheto74

    Bubba, is not the “popular” is the DEMOCRATIC thing

    Jan 08th, 2010 - 10:34 pm - Link - Report abuse 0
  • jorge

    2010, an interesting year in Argentina.

    Jan 09th, 2010 - 02:16 am - Link - Report abuse 0
  • geo

    relax...relax..!!

    Jan 09th, 2010 - 02:24 am - Link - Report abuse 0
  • philip

    Its scary ... these are countries where anything can happen if you stand in someones way.. really scary... this central bank governor is just smart enough to do his job and then they get this dumb poweraddicts to grab power and make the country one smore tep deeper in its historically known misery and inept government.
    Brazil is slowing getting to worldpower, Argentina is sliding deeper and deeper, that, one day, will give a big conflct and Brazil will teach Argentina its lesson : you , silly people !!shut up and behave!!

    Jan 09th, 2010 - 05:58 am - Link - Report abuse 0
  • jorge

    Who the hell is the guy above!
    shut the f*ck up philip!!!

    Jan 09th, 2010 - 06:12 am - Link - Report abuse 0
  • exocet82

    Phillip is just another ignorant participant who does not know up from down. Don't waste your time with his type Jorge.

    Jan 09th, 2010 - 06:57 am - Link - Report abuse 0
  • exocet82

    After this turmoil ends, I hope that cristina gets her way. Getting rid of the debt is of the highest priority. Redrado and the opposition respond to other interests than that of the Nations. Paying off the debt opens up the flow of capital for rgentina and economic growth and progress. There are those who fera this. Mmmmm, should I list them?

    Jan 09th, 2010 - 07:01 am - Link - Report abuse 0
  • Nicholas

    And I bet she ain't going to get her way, because she's wrong and Mr. Redrado is right and knows that she will put you folks in deep trouble in the long term again. That money at the Central bank belongs to the people of Argie land, well actually also the debt, but there are other ways to repay it. Cristina is just trying the easy way to pay of a small portion of a the debt, so she can borrow more and put you clowns in deeper debt. Brilliant ( from a socialist stand point). You folks need to ask and answer yourself this question..how trust worthy is Christina really? You clowns are in the same situation I am here in the States. They are all lying to you, addicted to borrowing money and spending it reckless.

    Jan 09th, 2010 - 11:06 am - Link - Report abuse 0
  • Bubba

    Popular is not the Democratic way if each issue is not put before the Plebiscite. Popular is a subjective view made by a hegamonic lady that desperately wants to hold on to power. The right thing is to cancel all the debts without asking the bond holders to take 10 centavos for each peso owed. She was wrong to slag Redrado for trying to do his job as he is charged with managing the reserves of the nation. Legislation should have been introduced to set aside the reserves rather than getting 14 of your closest bandit friends to sign off on it.

    Jan 12th, 2010 - 03:17 pm - Link - Report abuse 0
  • alex Nielsen

    What happens in Argentina ? A very big country (area) with very large areas of fertile farm land and many minerals. It ought to be a rich nation! To day in local television they mentioned the word bankruptcy.
    Not as a fact but a possibility. Unbeliveable.... What´s going wrong and why?. You are no longer an attactive country to immigrate to, contrary.
    Well, try to be positive.Future can only be better.
    So “Don´t cry for me Argentina” but “Allways look at the bright side of life” Cheer up!! It cant be worse or...

    Jan 13th, 2010 - 05:10 am - Link - Report abuse 0

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