MercoPress. South Atlantic News Agency
“End of subsidies with no utility rates modifications” announces Argentina
Economy Minister Amado Boudou and Planning Minister Julio de Vido announced Wednesday in a press briefing, a full lift on subsidies; a decision which will reach various public sectors, including electricity gas and water companies. The changes imply annual fiscal savings of 600 million pesos (140 million dollars). Read full article
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Disclaimer & comment rulessubsidy office job sounds pretty simple, head office and bank account in USA, UK, EU or any NATO nation subsidy denied. head office and bank accounts in Argentina subsidy approved, that is how NATO nations control our ethnic groups, I say we give them a taste of their own medicine see how it work for us in Latin America, lets never forget Martin Fierro sayings “los hermanos sean unidos porque esa es la ley primera, porque si entre ellos pelean los devoran los terroristas de NATO ”
Nov 02nd, 2011 - 08:57 pm - Link - Report abuse 0@ 1 hilarious!!! next step, no more Netbooks hahaha
Nov 02nd, 2011 - 11:46 pm - Link - Report abuse 0@#1 Get your facts right, the WMF is financed by the UK USA, EU and other nato and non nato countries. And guess who owes the WMF £5 million and also now a further £30 million earlier this year in the Province of La Rioja. Britain is one of the prime contributers to the WMF
Nov 03rd, 2011 - 01:03 pm - Link - Report abuse 0Not only that the EU has a €65 million aid programme for Argentina between 2007 and 2013. Britains share of that, at current exchange rates, is nearly £7 million.
If anything Britain is still providing the funds to support argentinas developments, and this is despite the fact that argentina continues to threaten us other the Falkland islands. However i believe their are already talks underway with stopping aid to argentina as a result of your increasing and continuing aggressive outbursts and acts against the Falkland islands.
Can someone explain this to me; subsidies were originally set up because the Ks froze utility, metro, bus etc rates, the subsidies were for the companies to continue business. Now they are getting rid of the subsidies but not adjusting the rates the companies can charge, how long before all of these companies go out of business or the electrical grid collapses because they have no $ for maintenance? Or do you think they will relax the rate freeze so inflation skyrockets? Which do you see?
Nov 03rd, 2011 - 01:52 pm - Link - Report abuse 0@#4
Nov 03rd, 2011 - 03:22 pm - Link - Report abuse 0Hopefully both will happen lol - It will teach CFK and her cronies for the poor economic decisions, that has lead to the high inflation already in argentina. But also it will teach the dimwit argentines that actually voted her back in office a lesson to. Funny how they limit the purchase of dollars after the election and no mention was made about before hand. Bet the argentines never saw that one coming did they lol :)
The biggest surprise to me was when I read that the taxpayer has been subsidizing the bingo parlors and the casino, owned by a friend of the K´s, of course.
Nov 03rd, 2011 - 06:41 pm - Link - Report abuse 0Subsidy ending and/or reduction are not a punishment for voting in cfk.it is a cut in labor costs if not accompanied by tax reduction.it will be seen as an attack on labor and will be followed by protest which will then be seen by some as the seiu/piqueteros conspiracy.in actual fact it is a capitalist attack on labor because of the global recession which is a failure of capitalism with it's cyclical nature.cfk is trying to provoke the fight while she can claim legitimacy.nothing to do with peron or authoritarianism.it's all happened before it's the way of capitalism extracting unpaid labor from the workers and accumulating capital in the hands of the few(globally)
Nov 04th, 2011 - 07:49 pm - Link - Report abuse 0Commenting for this story is now closed.
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