MercoPress. South Atlantic News Agency
Argentina’s financial “spin”
On Sunday, Cristina Fernández de Kirchner will be seeking approval to lead the FPV in October’s general elections. With the country currently braving the world’s economic storm, she is keen to keep up appearances. Read full article
Comments
Disclaimer & comment rules“recently had to apologise after comparing two journalists to “the people cleaning out the gas chambers after the holocaust”, insisted that the “Argentine domestic market is expanding like no other occasion in its history” GROSS! He has no f*cking idea what he's saying, but he feels the aching need to say certain things thinking that people will like him more. Now I remember Cristina de Kirchner when visiting Russia, and she said stupid things about the revolution in Russia, how great Stalin was lol that bloody bastard! These people are shameless so there is nothing you can say to make them change the way they behave.
Aug 12th, 2011 - 12:20 am - Link - Report abuse 0Well, not only was Argentina immune from the 1929 crisis but they also learnt from it and are now a shining beacon to economists around the world..... lol
Aug 12th, 2011 - 01:05 am - Link - Report abuse 0TWIMC
Aug 12th, 2011 - 04:05 am - Link - Report abuse 0Just a incorrect, unconcentrated and uninformative propaganda piece, written by a Malvinas Public Relations Company representative.
The ignorance of the signer, Mr. Neil Russell (or is it Rulless or Relluss or Ressull) is just embarrasing……
In just a few line, he manages to write:
”Financial Secretary Guillermo Nielsen”
”Nielson, a renowned economist”
”Neilson believes that”
Mr. Russell… You have an easy and well paid job….. At least concentrate a bit.
“Cristina Fernández de Kirchner was born in La Plata in 1953 to parents of Spanish and German descent.”
Aug 12th, 2011 - 09:44 am - Link - Report abuse 0I am German an a cheated bondholder. So I am very sorry to say to rest of the worldwide bondholer communitiy that such individual comes to 50 % from Germany.
+++
Argentina is easy problem for me !
Aug 12th, 2011 - 10:21 am - Link - Report abuse 0BUT
Argentina' s some performances are really glamorous,
for instance that
Industrial Production
2002/ 63,603 millions Pesos
2010/ 271,665 millions Pesos ...................BRAVO !
Hotels/Restaurants
2002/ 6,681 millions Pesos
2010/ 33,543 millions Pesos ......................BRAVO !
Transport/Communications
2002/ 23,116 millions Pesos
2010/ 107,326 millions Pesos .....................BRAVO !
Agricultural Products
2002/ 30,482 millions Pesos
2010/ 129,882 millions Pesos ....................BRAVO !
Botox Evita like all Peronists will not be satisfied until every last bit of wealth in Argentina has been stolen by her and her locusts
Aug 12th, 2011 - 11:35 am - Link - Report abuse 0“Last Tuesday,...Minister of the Economy, Amado Boudou surprised economists when he declared Argentina immune from the current global crisis.”
Aug 12th, 2011 - 11:44 am - Link - Report abuse 0The main arg. problem with ck´s poodle boudou is, that he very well knows that he talks nonsense, but makes his 50 % poor arg. people - his voters - believe that it is true. And they do believe in hope that it continous. See above the “4 BRAVO” of geo.
Clearly some Argentines are gullible enough to believe the nonsense spouted by their government that they are immune from global economics - we have seen that some posters here believe it. It is pure common sense that if the only economic super-power struggles, the world will feel the effects. If fact, weaker, developing countries will be even more affected.
Aug 12th, 2011 - 12:58 pm - Link - Report abuse 0Investment is about confidence and the level of risk the investor is prepared to take. When the market is bullish, investors will take a punt on riskier economies. They start shying away when there is a bear market. That was evident in the percentage the markets dropped in countries that claim they are 'immune' .
I absolutely think that politicians have a duty to steady the markets by making statements and policy decisions to build confidence in investors. It would be utterly foolish for them to make statements along the lines of “Help, the market is crashing and I have moved all my money abroad”. But, equally, Boudou's foolish statements will undermine market confidence because they can so easily be proved to be idiotic.
Boudou should stop trying to get Brownie points from his mistress and start behaving like a serious politician.
Argentina's fixed capital investments ;
Aug 12th, 2011 - 02:11 pm - Link - Report abuse 02002/ 11,3 % GDP
2010/ 23,2 % GDP ............................. BRAVO !
Yes geo but compare with 2002 is bad. 2002 was terrible for Argentina after debt crisis. Anything will be better than these days.
Aug 12th, 2011 - 02:46 pm - Link - Report abuse 0Compañeros y Compañeras !!! porque el Proceso this and Malvinas that , always blaming on the past , because the 2002 crisis .... bla, bla and more bla !! Run based on issues, present situation and how the country is going to be in the next 4 years. Analyse the current social situation, inflation, lack of security and question for all members of the forum ..... why do the Armed Forces have to provide security to the Electoral Process??
Aug 12th, 2011 - 03:23 pm - Link - Report abuse 0[]- 11 Artio
Aug 12th, 2011 - 07:26 pm - Link - Report abuse 0Armed Forces ?? you mean Gendarme ! almost are used in all countries.
I see that Argentina is more safe than US !
certainly,you should not walk around at midnights disco/bar...!
don't you know that more than 10.000 box cutters ...
more than 1750 guns are found while airports scanners USA /2009
this is FBI report !!
@12 No Geo,
Aug 13th, 2011 - 03:57 am - Link - Report abuse 0Participación del Ejército en el próximo acto Electoral
Personal del Ejército Argentino proporcionará seguridad en las próximas Elecciones Primarias del 14 de agosto.
26 mil hombres de la Fuerza estarán afectados a las primarias obligatorias del domingo próximo. A lo largo de todo el país, el Ejército participará del operativo de custodia, que contará, además con la participación de personal de la Armada Argentina, Fuerza Aérea Argentina, Fuerzas de Seguridad y Policiales.
El Comandante Nacional Electoral, Grl Div Jorge Tellado, afirmó además, que se utilizarán 5867 medios de transporte, entre terrestres, aéreos y navales para brindar seguridad en el comicio.
Cabe destacar, que serán casi 90 mil efectivos en total, de los cuales el 30,5 % pertenecen al Ejército Argentino.
Fuente: Ejercito.
Of course Argentina is not immune from any World crisis but its lack of debt is a shock absorber the Europeans dont have.The CFK haters have to recognize theincredible progress of national industry under the Kirchners. Car production in 2002 around 100.000 Which had peaked in 98 at 450000 will be over 800000 This year selling not only to the home market and Brasil but over 10% going to Europe..She has also had the cojones unlike in Britain or the US totake on the local Murdochs of Clarin.Despite total antagonism from the countries biggest media group she remains favourite for the presidency.WHY because most Argentines think she is doing a good job.
Aug 13th, 2011 - 06:08 am - Link - Report abuse 0(11) Artillero601
Aug 13th, 2011 - 06:25 am - Link - Report abuse 0You ask:
why do the Armed Forces have to provide security to the Electoral Process??
I answer:
Because our Democratically Elected President, AND Commander in Chief of our Armed Forces, Cristina Fernandez de Kirchner, has ordered them, through Presidential Decree 587, to perform some decent work for their Country…….
”Efectivos militares y de fuerzas de seguridad iniciaron el traslado de urnas a los lugares montañosos más inhóspitos del norte y sur del país, para las primarias abiertas, simultáneas y obligatorias del domingo.”
http://www.elsolonline.com/noticias/view/105823/trasladan-las-urnas-a-los-lugares-mas-inhospitos-del-norte-y-sur-del-pais
“Por el decreto presidencial 587, el Comando General Electoral tiene la misión de “preservar y asegurar el orden durante las elecciones a través de las Fuerzas Armadas y de Seguridad; y coordinar y ejecutar las medidas de seguridad dando vigilancia en los locales de votación, custodia de las urnas y en las distintas juntas electorales”.
Hombres y mujeres del Ejército, la Armada, la Fuerza Aérea, Gendarmería, Prefectura, Policía Federal, Policía de Seguridad Aeroportuaria y policías provinciales estarán desplegados el domingo próximo en 12.481 locales para brindar seguridad a 85.941 urnas y también en 24 bases de procesamientos de datos.”
http://www.elsolonline.com/noticias/view/105823/trasladan-las-urnas-a-los-lugares-mas-inhospitos-del-norte-y-sur-del-pais
As you should know by now, Mr. Artillero601, soldiers are bound to obey legal orders issued by their superiors…………
What an enormously positive change this Ol´ Country of mine has experienced during the last years……
Seeing our Armed Forces I learned to despise serving the democratic system I learned to respect…….
Tomorrow will be a Good Sunday…………..
Enjoy………..
[] -13 Artio
Aug 13th, 2011 - 09:46 am - Link - Report abuse 0we tell same things !
they eqıipped just by limited gendarme authorization !
at 2002 events while F.Rua slips away ..where was the army !!??
you should know that the all above colonels are really the politic guys
at all armies in the world !
@15
Aug 13th, 2011 - 02:02 pm - Link - Report abuse 0Dear “democratic” and “peace lover” Think, again , if the country that you claim, full of order and with sounded Judicial Institutions , Why would you need the Armed Forces to secure the peace. .... if everything is so “peachy” according to your statements .... False reality we live in Dear Think. Contradiction anyone?? ;-))
@5 Geo
Aug 13th, 2011 - 02:43 pm - Link - Report abuse 0Your statistics would be so much better if it wasn't for this one.
02/01/02 1 Peso = $1.0005
04/01/11 1 Peso = $0.242527
[] - 18 Rufus
Aug 13th, 2011 - 06:09 pm - Link - Report abuse 0Ok ! Let's write them as index !
1993 = 100
Industrial Production
2002/ 175,8
2010/402,2
Hotels/Restaurants
2002/ 108,6
2010/ 329,5
Transport/Communications
2002/ 111,9
2010/ 216,4
Agricultural Production
2002/ 212,1
2010/ 647,9
Mining
2002/ 379,9
2010/ 933,4
Medialuna - Jan 2003: 1.99 pesos per dozen
Aug 13th, 2011 - 07:24 pm - Link - Report abuse 0Medialuna - Aug 2011: 2.5 pesos EACH
[] -20 jerry
Aug 13th, 2011 - 09:27 pm - Link - Report abuse 0It is true that the Argentine Economy somewhat CPI problems !
BUT
It can not be lowered into narrow band by any palliative methods !
It is possible that to lower into [ 5 %...7% ] band by the new
System technics & applications !
Sorrie, mi Ingles is no good to know what you speak.
Aug 13th, 2011 - 11:07 pm - Link - Report abuse 0@22 jajajajaja!!!!
Aug 14th, 2011 - 02:32 am - Link - Report abuse 0@20 Jerry, you made me vomit of laughter !!!
Geo has finally blown his cover.... obviously he is a senior economist at the Casa Rosada...
Aug 14th, 2011 - 03:34 am - Link - Report abuse 0Actually, it is a shame that today so many Argentinos are so ignorant.
Aug 14th, 2011 - 04:45 am - Link - Report abuse 0don't be jealous on Argentina !
Aug 14th, 2011 - 09:38 am - Link - Report abuse 0@25
Aug 14th, 2011 - 12:40 pm - Link - Report abuse 0Asi se controla a la poblacion Jerry, no educandolos , lamentable no?
@19 geo
Aug 18th, 2011 - 12:43 pm - Link - Report abuse 0The problem is that the Peso isn't really a good benchmark, try substituting the Dollar for the Peso
Industrial Production
2002/ 63,634 million dollars
2010/ 65,886 million dollars ...................BRAVO !
Hotels/Restaurants
2002/ 6,684 million dollars
2010/ 8,135 million dollars ......................BRAVO !
Transport/Communications
2002/ 23,128 million dollars
2010/ 26,029 million dollars .....................BRAVO !
Agricultural Products
2002/ 30,497 million dollars
2010/ 31,500 million dollars ....................BRAVO
Yes, everything is up in terms of dollars.
No, the margin by which everything is up is not spectacular enough to warrant much more than a raised eyebrow, rather than four standing ovations.
[] -29 Rufus
Aug 18th, 2011 - 02:27 pm - Link - Report abuse 0i understand your tally ....but in technically we can't calculate
by simple arithmetic procedures..becouse Argentina has not been
using -US $- in it's own markets(Economy)and also -US $ -'has no any own nominal values .....means that the calculations of some markets'
tallies according to - US $- could be wrong ..
BUT
we can calculate them by 1993/Peso value
then ; we obtain the below numbers ( millions Pesos)
Industrial Production
2002/ 36,176.............2010/ 67,547
Hotels/Restaurants
2002/ 6,152 ..............2010/ 10,180
Transport/Communication
2002/ 20,664 ............2010/ 49,605
Agricultural
2002/ 14,370 ...........2010/ 20,046
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