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Argentina under pressure to approve anti money-laundering legislation

Thursday, April 7th 2011 - 10:06 UTC
Full article 26 comments

The Argentine administration of President Cristina Fernandez de Kirchner called Wednesday on the opposition lawmakers to pass an anti money laundering bill before June other wise Argentina could be black-listed for not having the proper controls. Read full article

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  • WestisBest

    Why's this such a big deal? it's easy to fix....just use the Argentine 'inflation solution', simply ban the phrase 'money laundering'.

    Job done.

    Apr 07th, 2011 - 10:42 am - Link - Report abuse 0
  • yul

    Argentina doesn't make -- money laundering--
    Argentina does make -- some other things laundering-- !

    Apr 07th, 2011 - 01:23 pm - Link - Report abuse 0
  • WestisBest

    Cristina's banned words and phrases will soon no doubt include:

    Debt
    Corruption
    back-hander
    pay-off
    illegal
    incompetent
    defaulted
    bankrupt
    ....and out-voted.
    ;-)

    Apr 07th, 2011 - 05:58 pm - Link - Report abuse 0
  • Martin_Fierro

    It's precisely CFK that is putting the pressure to approve the legislation, clowns.

    You've got nothing.

    Apr 07th, 2011 - 08:47 pm - Link - Report abuse 0
  • Pirat-Hunter

    Argentina little money-loundering pet project is to learn and create a manual for IMF to prevent new york and london from plundering the worlds resources, come on people get with the program didn't you know IMF wanted to work on our food basquet INDEX, maybe IMF will say we need to eat less meat soo they can export it, in exchange Argentina will show IMF and USA how to erradicate money-loundering, lol the old do as I say not as I do, a little bias wouldn't you say ?
    http://en.mercopress.com/2011/04/04/london-and-new-york-two-biggest-laundries-of-criminal-and-drug-money

    Apr 07th, 2011 - 10:12 pm - Link - Report abuse 0
  • Teaboy2

    @Martin #4

    “But the agency has only obtained one conviction for money laundering since its founding in 2000” - I think that statement alone proves CFK has no desire to prevent such corruption, her actions now are simply an attempt to put a mask on it while behind the mask nothing will change. Common Martin 1 conviction for money laundering in 11 years, its hardly says your government is working on stamping it out, in fact it says your all welcome to be corrupt and launder money as we will not convict you if caught.

    At #5 at least we convict those caught for money laundering, the only reason we have the higher rate of money laundering is because we are financial power houses.

    On the other hand, if argentina was to actually attempt to tackle and convict its people that money launder, its rates of money laundering crimes would probably surpass that of the UK and US rates when added together. But just 1 conviction on money laundering in 11 years shows that argentina actually encourages such crimes.

    Apr 08th, 2011 - 01:44 am - Link - Report abuse 0
  • NicoDin

    @Teaboy2

    We don’t encourage money laundering because we don’t want to have a financial center like your guys.

    Its just that jealous foreigners always want to target us with their illegal activities, its not our fault mates, if we are so cute, nice, intelligent and sophisticate society.

    Can we blame them after all?
    Do we have the moral right to deny them to have a little bit of what we own?

    I guess not.. Our founders always told us to be generous with the unfortunate lads and to don’t discriminate them even if they are not good guys or come from the north of the continent. Certainly not everyone is so lucky like us. Nothing we can do I guess.

    Imagine a world without us, Who is going to capture Boeings and military personnel in customs next time or Invade little Islands?

    World peace Tea! The world and god needs us to make the world a better place.

    Apr 08th, 2011 - 07:37 am - Link - Report abuse 0
  • Teaboy2

    @7 - and with that response, no wonder argentina is going down shit creek without a paddle.

    Hardly the best way to promote a country that claims to be against corruption is it NICO. Somehow, i get the impression that you lack any knowledge of what money laundering actually is and are confusing it with money lending. As your following statement implies lending money: “Our founders always told us to be generous with the unfortunate lads”. Giving money is not illegal, nor is receiving money as a gift. Money laundering is the practice of disguising the origins of illegally-obtained money.

    “Imagine a world without us, Who is going to capture Boeings and military personnel in customs next time or Invade little Islands?”

    Lol yeah what a luxurious and peaceful harmonic world it would be without having to listen to argentina playing its old rethoric records over and over again. Ohhhh what a lovely dream come true that would be. Am sure the USA would be glad to see the back of you too LOL.

    “Its just that jealous foreigners always want to target us with their illegal activities, its not our fault mates, if we are so cute, nice, intelligent and sophisticate society.” Hows it illegal when the activities are taking place within their own territorial borders under their own laws? Oh i forgot, you think the islands are yours, sorry but argentina never had sovereignty of the islands, not then, not now and not in the future. So keep dreaming.

    As for world peace, well if you believe in that then get rid of CFK by voting her out this year, before she brings war to your “motherland”. Am sure once bombs begin to drop on argentine soil, your fellow argentines will be regretting any future attempt made to invade the islands.

    Apr 08th, 2011 - 09:45 am - Link - Report abuse 0
  • NicoDin

    @Teaboy2

    Ah! I understand now you are from the Axis of evil Bomb, Bomb and violence eh!

    We the west will take care of people like you, by preventing any attack over our western civilization.

    From what country did you say you where from sir?

    Apr 08th, 2011 - 02:17 pm - Link - Report abuse 0
  • Teaboy2

    Your not in the west dipstick, your in the south. The uk is a western nation, argentina is a southern latin american nation, learn polictical geography before posting,

    From what country did you say you where from sir? GREAT BRITAIN and you? oh yeah the fantasy land southwesternly latin american country called Nicotina

    Apr 08th, 2011 - 03:48 pm - Link - Report abuse 0
  • Pirat-Hunter

    does anyone know who is the best british in the world, there are two a headless brit and a deadone.
    www.msnbc.msn.com/id/6190477/ns/world_news-mideast/n_africa/

    Apr 08th, 2011 - 05:53 pm - Link - Report abuse 0
  • Martin_Fierro

    Comment removed by the editor.

    Apr 09th, 2011 - 04:54 am - Link - Report abuse 0
  • NicoDin

    @Teaboy2

    Great Britain? Ah! let me check...

    Oops yes you are in our list of Axis of evil Bomb, Bomb Mohammeds.

    “The uk is a western nation”

    Not for Us Sir, UK is in not in our list of western nations anymore, sorry.

    Your little Island doesn’t qualify as western civilization anymore, sorry. So you should be enemies of our civilization. Let me check it again please...

    UK, capital Londonistan , Londonstani (person living in Londonistan)
    EU/Western Classification: Too risky crossroads for would-be terrorists and bomber’s activities.
    First language: Pakistani also some English spoken
    Religion: Muslim and others
    Type of law system: increasingly Shaira Law
    Common people’s behavior: threatening white westerns civilized people with bombing their countries with Tomahawks and nuclear weapons.

    Check by yourself Sir
    http://www.youtube.com/watch?v=YD190HVYHUI

    Newspapers warn of threat to America from 'Londonistan'
    http://www.youtube.com/watch?v=YD190HVYHUI

    @Martin

    Ha ha ha

    Apr 09th, 2011 - 05:46 am - Link - Report abuse 0
  • Teaboy2

    @Martin, is that the best you can up with, your unable to win an argument with me, so you make libelous claims that i am gay, i am sure my girlfirend will disagree with you there.

    @Nicodim. Speaking aload of crap again are we. Everyone knows that western nations are european nations with the USA, Canada and Australia alos being included as western nations. Its not just about where you are on a compass, but more about the countries wealth, industry and infrastructure.

    As for your comments about UK and sharia law, you really should look in the mirror first, that way you would not have missed this spot on your face - http://en.mercopress.com/2011/04/04/islamic-extremists-operating-illegally-in-triple-frontier-area-says-brazilian-magazine - Argentinistan is your countries new name, seems like you have similar problems as they do in northern pakistan. LOL

    Apr 09th, 2011 - 12:08 pm - Link - Report abuse 0
  • stick up your junta

    Nicotine is a grumpy boy,living invilla miseriastan

    A villa miseria is a form of shanty town or slum found in Argentina, mostly around the largest urban settlements. The term is a compound noun made of the Spanish words villa “village, small town” and miseria “misery, dejection”. The name was adopted from Bernardo Verbitsky's 1957 novel Villa Miseria también es América (“Villa Miseria is also [a part of] America”).

    These settlements consist of small houses or shacks made of tin, wood, and/or other materials (whatever can be found). The streets are usually not paved — narrow internal passages may communicate the different parts. The villas miseria have no sanitation system, though there may be water pipes passing through the settlement. Electric power is sometimes taken directly from the grid using illegal connections (which are perforce tolerated by the power companies).

    Apr 09th, 2011 - 02:46 pm - Link - Report abuse 0
  • Martin_Fierro

    Let me guess who your girlfriend is 'Teaboy'... Kate Beckinsale? Did she fall for all your millions? lol

    Apr 09th, 2011 - 09:31 pm - Link - Report abuse 0
  • NicoDin

    @Teaboy2 & stick up your junta

    Sorry Sirs about your western dilution.

    “Everyone knows that western nations are european nations USA, Canada and Australia alos being included as western nations. Its not just about where you are on a compass, but more about the countries wealth, industry and infrastructure”

    Not sir “westerns nations” is all about culture and not wealth, industries, infrastructure, etc.

    And for a country like Argentina with 97% of its population decedents of European looks pretty much European than some European countries at the moment like UKI.

    If you are talking about GDP per capita the higher in the world is Qatar $145,300 compare with UK $34.000 it seems pretty poor.

    If are talking about nominal NGDP in USD China is close to triple UK and IN PPP is 4.5 time UK’s GDP. So should China would be a Western country according with you?

    “Industry ” ?

    China had over taken US as industrial complex and comparing UK with China (well compare with anyone I guess) you don’t have industries at all since long time ago anymore. Uki is not an industrialised country anymore.

    “infrastructure”

    UK infrastructure is very poor for a little country like this you cannot even compete with Argentina in Highway, roads, buildings, etc.

    Ukistan
    http://www.transportcafe.co.uk/english_countryside_2/motorway_harvest_time_uk.jpg

    Argentina western civilisation
    http://www.transportcafe.co.uk/english_countryside_2/motorway_harvest_time_uk.jpg

    So as you can see even in your poor theory of western civilization UKI doesn’t fit in?

    What next are you going to invent?

    Apr 10th, 2011 - 12:22 am - Link - Report abuse 0
  • Teaboy2

    Nico Dim - you are confusing western culture with western nations, your culture is latin american culture, making you a latin american nation not because of your culture alone, but because your lacking in what makes western nation - strong economies and stable governments, allow freedom of religion, have chosen democracy as a form of governance, favor capitalism and international trade, are heavily influenced by Judeo-Christian values, and have some form of political and military alliance or cooperation, western nations also must have strong economy's, good infrastructure and wealth.

    Heres a map of modern western nations: (Note: Argentina shows as a latin american not a western nation)
    http://en.wikipedia.org/wiki/File:Clash_of_Civilizations_map.png

    As for your comments about UK infrastructure compared to your own, well everyone here knows you cannot compare a inner city highway to a country road (the one linked to being a duel carriageway) heres the M25 motorway, which incircles london for a better comparison to your argentina inner city roadway: - http://en.wikipedia.org/wiki/File:Clash_of_Civilizations_map.png

    And as for sky scrapers, well this picture will make you cry mate - http://en.wikipedia.org/wiki/File:Clash_of_Civilizations_map.png and this one which is still being build but is almost complete and is currently the Europes tallest building - http://en.wikipedia.org/wiki/File:Clash_of_Civilizations_map.png

    Ohh and it was us brits that built most of your rail and road infrastructure, best not forget that eh nicoDim.

    The rest, well not one aspect alone such as industry makes you a western nation, china lacks in infrastructure but has a strong industrial sector and its culture is not western but mainly SUNIC. Also its economy and politics prevent it being in the same class is western nations. So a poor comparison Nicodim.

    having a western culture or similar, does not make you a western nation Dimwit.

    Apr 10th, 2011 - 03:37 am - Link - Report abuse 0
  • stick up your junta

    And for a country like Argentina with 97% of its population decedents of European looks pretty much European than some European countries at the moment like UKI.

    That may have something to do with the Argies killing off the Indigenous Peoples

    Apr 10th, 2011 - 06:34 am - Link - Report abuse 0
  • NicoDin

    @Teaboy2

    You can see the map of the “western nations” here http://es.wikipedia.org/wiki/Archivo:Westerncultures_map.png

    How many times I have to tell you guys that only modern tall towers you've got were build by Argies, Italians, etc like Canary Wharf (César Pelli argie)

    Do you think that I’m so stupid to don’t realize that the pic of this building is a CAD render of a building project of Renzo Piano (Italian Architect from Genova) ????

    Do I look so stupid?

    Well you need to build still at least 200 buildings more to don’t be so flat.

    Can you see the difference?
    http://es.wikipedia.org/wiki/Archivo:Westerncultures_map.png

    Ha ha Teaboy a couple of towers will not turn UK into NY, Shanghai or Buenos Aires etc anyone can tell you that after arrived in UKI.

    What crap are teaching in Uki on this days?

    “what makes western nation - strong economies and stable governments”

    oh! Just coming from the guy that lives in a countryside style country, having still a monarchy from the middle age and with a economy sinking as stone into the water with a debt of 11 trillions USD.

    Well you can save UKI by selling a bit of your arrogance. Haha

    The real flat, dirty and old London
    http://es.wikipedia.org/wiki/Archivo:Westerncultures_map.png

    Ah! please Argies and don’t miss the best restaurants in the world according with zethee and the fantastic state of the roads according with Teaboy2 reloaded. Around 7:02 of the video. Haha

    And also don’t miss the graffiti all over, rubbish everywhere and be careful to don’t become a victim of robbery or knife injury while watching may be coming from the screen.

    More cutting age infrastructure, wide roads and tall buildings from UKI be carefully to don’t fall from that high. http://es.wikipedia.org/wiki/Archivo:Westerncultures_map.png
    http://es.wikipedia.org/wiki/Archivo:Westerncultures_map.png a little bit of music
    Watch out for the holes haha

    Argies take a look of Teaboy’s western civilization
    http://es.wikipedia.org/wiki/Archivo:Westerncultures_map.png

    Amazing just amazing who crappy media brain wash little B...

    Apr 10th, 2011 - 12:51 pm - Link - Report abuse 0
  • stick up your junta

    But how safe is it to stroll over cracked tiles during your afternoon walk? Obviously, there are lots of opportunities in Buenos Aires to break your legs, ankles or worse.

    http://www.zimbio.com/Buenos+Aires+Argentina/articles/F1Pm-e6qLTt/Buenos+Aires+City+Sidewalk+Potholes

    Apr 10th, 2011 - 03:27 pm - Link - Report abuse 0
  • Teaboy2

    Nico, Architects do not build anything, they just provide the drawings and designs, the construction workers and egineers are the people that build the buldings idiot. We have alot more than just a couple of towers as well, i just cannot be arsed looking through images on google for them. Oh i forgot, we built HONG KONG, so beat that idiot.

    But then we have 86 sky scrapers in London, you only have 35. So you saying? You can check it out on the coucil on tall buildings and urban habitats webiste here - http://buildingdb.ctbuh.org/?do=create

    “oh! Just coming from the guy that lives in a countryside style country, having still a monarchy from the middle age and with a economy sinking as stone into the water with a debt of 11 trillions USD.” - Even with the debt where still the 6th richest nation in the world and at least we can afford to pay our debts back unlike you. And as for countryside nation, well thats a bit rich coming from the nation that relies of beef and soy bean exports, takes a lot of countryside to grow cows and soy beans. Britain does not rely on its country side, we just like the stunning views and the tranquility. And as for the Royal family, they do not have any say in the running of the country, so they have no real power. We elect or governments as an open democracy. Just like Spain your motherland.

    As for graffiti and rubbish, err not everywhere and is soon cleaned, and besides, its nothing compared the the slums on the edge of buenos aires. Sorry nico, long way to go before your a fully develop nation equal to that of western nations - http://buildingdb.ctbuh.org/?do=create

    As for youtube links, well roads like that are common in older areas and older towns, they are known as back streets or urban town streets, every city/town in the world has them even buenos aires those yours are like dirt tracks http://buildingdb.ctbuh.org/?do=create after the advert. as for gun crime well yours is alot higher than ours.

    Apr 10th, 2011 - 05:25 pm - Link - Report abuse 0
  • NicoDin

    @Teaboy2

    It is a matter of semantic the architect makes the project, the design, etc, etc and carry out the management of the building. Then even a monkey can build the rest.

    “i just cannot be arsed looking through images on google for them”

    You cannot because we know how hard will be your job Londonistan is flat just few buildings and the rest medieval houses that set on fire quite easy.

    The rest I will no bother to answer just crap anyone who has walked in the street of Londonistan can understand the difference.
    http://www.pampatours.com.ar/GALERY/GRANDES/BUENOS_AIRES_AEREA1.JPG
    http://www.pampatours.com.ar/GALERY/GRANDES/BUENOS_AIRES_AEREA1.JPG
    http://www.pampatours.com.ar/GALERY/GRANDES/BUENOS_AIRES_AEREA1.JPG

    http://www.pampatours.com.ar/GALERY/GRANDES/BUENOS_AIRES_AEREA1.JPG
    Km and Km of buildings

    landing New York
    http://www.pampatours.com.ar/GALERY/GRANDES/BUENOS_AIRES_AEREA1.JPG

    Chicago
    http://www.pampatours.com.ar/GALERY/GRANDES/BUENOS_AIRES_AEREA1.JPG

    Landing Buenos Aires
    http://www.pampatours.com.ar/GALERY/GRANDES/BUENOS_AIRES_AEREA1.JPG

    Now see how flat is Londonistan
    http://www.pampatours.com.ar/GALERY/GRANDES/BUENOS_AIRES_AEREA1.JPG

    Can you find anything up to 20mts from the floor?

    Can you see how silly you are in comparing little flat medieval London with high density building megalopolis?
    Not much to say I guess...

    Apr 11th, 2011 - 12:37 am - Link - Report abuse 0
  • Teaboy2

    Architects have little to do with the builidng project, they design it, and then project managers and construction managers oversee the buidling work. Only time arhitects are bought back into the fold is to correct serious design flaws in their work or make small design adjustments.

    As for “Can you see how silly you are in comparing little flat medieval London with high density building megalopolis?”, well click on the link i provided and enter London in the city search option and it will come up with 86 skyscrapers between 69 - 1501 meters, do the same for argentina and it comes up with 35 no taller that 999 metres. As for the youtube clip showing the historic nothern banks of London that in some places is 2,000 years old, only historic buildings no taller that 10 storeys are found. All londons modern construction and skyscrapers are found on the southern banks, which the video shows nothing off. IDIOT. Notices a lot of high Resisdential Flats in your links, hardley call them skyscrapers. Us brits prefer to own our own houses of 2- 5 storeys high, so our urban areas, some shown in the video are full of 2 - 5 storey housing hence why it may look flat, but thats how we prefer to live. In fact having skyscrapers does not make you a western nation, look at China, they have loads, but they are not a western nation. neither is shanghai. Oh and the best of all, Tokyo, Japan and they are not a western nation either.

    As i said earlier, you are confusing, western cultured country with being a western nation when the 1 does not mean you are also the other. i.e western culture alone does not make you a western nation, as there are many forms of western culture, Spanish, French, British, Irish, Scotish, German, Dutch, Belgumise, Polish, Italian, American, Canadian, in fact all western nations have their own unique culture. Your culture is only a western culture as it is based on the Spanish culture. But that does not make you a western nation as theres more needed than that.

    Apr 11th, 2011 - 07:05 am - Link - Report abuse 0
  • WestisBest

    “And for a country like Argentina with 97% of its population decedents of European looks pretty much European than some European countries at the moment like UKI”

    So much for Argentina's cultural identity then, maybe the REAL South Americans (the natives) in so called Argentina have a case for the C24 eh?

    Apr 11th, 2011 - 10:00 am - Link - Report abuse 0
  • Tigre2000

    haha “west is best” do you know that London and New York has the highest rate of money laundering in the world read about it chap, you would be surprised to learn something new.

    Apr 11th, 2011 - 10:19 pm - Link - Report abuse 0

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