President Cristina Fernández urged Argentines ”to make an effort to understand the moment the country and the world are undergoing” while heading a ceremony to commemorate the 160th anniversary of the Vuelta de Obligado battle in the Buenos Aires area of San Pedro. Read full article
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Disclaimer & comment rulesCFK also talked about the need of giving a new meaning to the “national sovereignty” from a fight of ideas angle. “We must lead a battle of ideas for intellectual and intelligence sovereignty” within the framework of “a project that began in 2003”////////////////
Nov 18th, 2011 - 09:53 pm - Link - Report abuse 0in one word, indocrinationnnnnnnnnnnnn
I think that all those botox injections have affected her mentation. What she means to say is Dear Argentine people: Your fellow Peronists and myself will steal all of your money. I will use this money to pay off my cronies and buy myself more botox injections and plastic surgery. For all of those who voted for me I do have one last word: SUCKERS
Nov 18th, 2011 - 10:32 pm - Link - Report abuse 0she also said that her husband was a fish, swimming against the current, but in reality Néstor Kirchner was an octopus, he used his multiple arms to steal as much as he could. I can't imagine how he was swimming against the current, when he did everything a Capitalist does, this woman is a filthy millionaire and she still thinks that talking against what she calls vultures is something funny, when in fact she is a vulture. She could at least throw a sausage to the poor that voted for her, like in a Roman circus she could have fun watching them fight for the sausage while she walks in her Louboutine, and actually she does it everyday :) Poor country with this demented woman and her disciples.
Nov 18th, 2011 - 10:41 pm - Link - Report abuse 0ah the familiar sight of a new dictatorship rising, supported by a braindead population of fascist worshiping sheep, and abetted by a world which could not care less about them. maybe if argentines were less obsessed with whining about sovereignty they would not be such a pitiful third world power, but alas, such is the fate of a nation who has embraced narcissistic nationalism to such an extent.
Nov 18th, 2011 - 11:34 pm - Link - Report abuse 0shouldn't be long before the mass slaughter of dissidents and undesirables resumes. still by that time I'm guessing britain would have observed what is happening and reinforced the Falklands with enough armaments to knock out whatever argentina passes of as it's military.
That is of course if the UN doesn't beg us to intervene like we did in Libya.
h the familiar sight of a new dictatorship rising, supported by a braindead population of fascist worshiping sheep, and abetted by a world which could not care less about them. maybe if argentines were less obsessed with whining about sovereignty they would not be such a pitiful third world power, but alas, such is the fate of a nation who has embraced narcissistic nationalism to such an extent.
Nov 19th, 2011 - 12:42 am - Link - Report abuse 0AHAHHHHHHHHHHHHHHHHHHHHHAHHAHAHAHAHAH!
Nice joke pirate brit!
@ 5 talking about a basket case, look who's joined the party :)
Nov 19th, 2011 - 12:57 am - Link - Report abuse 0sometimes xbox, you have a wicked sense of humour.
Nov 19th, 2011 - 09:03 am - Link - Report abuse 0CFK sounds a bit desperate.
Nov 19th, 2011 - 09:51 am - Link - Report abuse 0Well, who wouldn't be with the pesos tanking 35% in 12 months and her refusal to take pesos back from Uruguay.
Nov 19th, 2011 - 11:10 am - Link - Report abuse 0She's probably thinking where the hell am I going to steal the next $10M from.
The peso hasnt tanked 35% in a year.In fact its probably overvalued at 4,28 .Why cant you get anything right?
Nov 19th, 2011 - 01:05 pm - Link - Report abuse 0O'Gaga ;
Nov 19th, 2011 - 03:48 pm - Link - Report abuse 0Hey, guys this is REAL Orwellian-speak.
Nov 19th, 2011 - 07:09 pm - Link - Report abuse 0CFK announces that her Government will decrease household subsisies = increase prices
and she urges young people to re-engage with politics and fight,
to see the authorities not like enemies, but like the people who protect them.”
I GET IT ! -
* the people with homes and children are going to be hammered with higher prices.
* The people who riot in the streets are the 'young'.
* So appeal to the 'young' to do their 'patriotic duty' and go on the streets **in support of the Government**
* . . . and let the people with homes and children go hang
(Thinks: Hell, the election's over, I can do what I want now.”)
O'Gaga: I think I have it right: The central bank, which habitually buys dollars to build reserves and maintain a stable exchange rate, shifted gears in August to start selling more dollars.
Nov 19th, 2011 - 07:59 pm - Link - Report abuse 0It has spent about $1.7 billion this month to sustain a 7% to 8% annual depreciation of the peso to 4.265 per dollar this week from 3.95 at the start of the year.
The government expects the peso to weaken to an average of 4.4 in 2012, while private economists forecast it will slide to 4.8 to 5.1 per dollar by the end of 2012. Fernando Izzo, a currency trader at ABC Mercado de Cambios in Buenos Aires, said a faster and sharper depreciation could push up inflation, already running at 20-25% as manufacturer's import costs leads to a rise in consumer prices.
With the acceleration in capital flight, banks have increased fixed-term interest rates for peso deposits to about 20% this month from 11% in August and September to tempt people to keep money in the system, Izzo said. The drawback is that this is pushing up borrowing rates to 30-50%, raising concerns about a pullback in investment, Izzo said.
Argentina's constant shifts in regulations, price controls, trade restrictions, capital controls and the doctoring of economic data has limited foreign direct investment in the country, with companies turning to Brazil, Chile, Colombia, Peru and Uruguay as safer bets.** Market News International - Buenos Aires **
AND ARG won't exchange internationally spent pesos for USD - they don't even want their useless paper back!
Looks like an interesting xmas for the powerful,
Nov 19th, 2011 - 08:41 pm - Link - Report abuse 0Not much for the rest of them,
2012 will be an interesting year for Argentina,
Will she stretch her feet, and move,
Or just sit and talk,
Justa thought .
Re. #12
Nov 19th, 2011 - 09:50 pm - Link - Report abuse 0I think I know why Mercopress have had such trouble with this report.
Christina always makes her speeches unscripted.
This was a complex problem for her as she has to spin the domestic prices increase that she has introduced.
She made an emotional appeal to 'the youth' but had to bundle it up in phraseology that, of necessity, confused rather than clarified.
It would need that nobody listening to the words of her speech would have the slightest idea what she was going on about, but it had to sound good and positive.
I imagine that, by the end, she had thoroughly confused not only the audience, but herself as well.
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