Britain this week raised the issue of disproportionate Gibraltar border checks and delays “at the highest level” with the Spanish Government. The issue was revealed in Parliament by Europe Minister David Lidington who was responding to a question in an emergency debate instigated by the all party Gibraltar group. Read full article
Comments
Disclaimer & comment rulesUK's hands are not in strong for Spain
Oct 17th, 2012 - 09:36 am - Link - Report abuse 0becouse
all UK banks' exposures are ~ $ 130 billions in Spain.
Spain takes over Gibraltar while Argentina takes over F@cklands and Hugo takes Ascension Islands.
Oct 17th, 2012 - 10:06 am - Link - Report abuse 0And KaMoron crying...
Comment removed by the editor.
Oct 17th, 2012 - 10:24 am - Link - Report abuse 0@2 Hugo? Ascension? Bwahahahahahahahaha
Oct 17th, 2012 - 10:38 am - Link - Report abuse 0Really?
The Bolivarian Armada of Venezuela only has six ships (three of which have been mothballed) that actually have any ASW capability at all. They're all 30+ years old with frankly questionable service/upgrade/maintenance histories.
Their active submarine (singular) is even older, and has just spent the last five years drydocked being made seaworthy again.
I think the Royal Navy Submarine Service would view it as less of a challenge and more of a live firing exercise, so little the threat would be against them.
Plus, Ascension also has both US and EU personnel stationed there. Neither of whom have any great love for Mr Potato Head.
Spanish behaviour at the border is moronic. They've varied the amount of hassle they cause for many years but don't seem to have noticed that it bears no correlation to progress towards their aims. It is a futile pointless effort that just makes them look silly.
Oct 17th, 2012 - 11:26 am - Link - Report abuse 0More foolish Latino thinking, why cause problems for thousands of your own people to commute to their daily work, moreso when the country is in such a financial mess.
Oct 17th, 2012 - 11:37 am - Link - Report abuse 0@2 cheesy burger.
You're a prat
@2 Do you know how many times Spain has tried to steal Gibraltar? Fourteen. And how many times has some cowardly, underhand, Spanish rebel colony has tried to steal the Falklands? Three. And there is only ONE Ascension Island. So there seems little chance of a Venezuelan navy ship finding the right place.
Oct 17th, 2012 - 11:59 am - Link - Report abuse 0unacceptable is that brits even still there!! pirates
Oct 17th, 2012 - 12:17 pm - Link - Report abuse 08 grow up will you.
Oct 17th, 2012 - 12:26 pm - Link - Report abuse 0your anti is showing your envy and being jealous just shows how sad you guys really are.
Spain to complain at border controls in USA and in EU member UK.
Oct 17th, 2012 - 12:31 pm - Link - Report abuse 0Or is their behaviour acceptable.
10 Yuleno - that makes no sense in English.
Oct 17th, 2012 - 12:43 pm - Link - Report abuse 09 británico ( # )Jealousy?...hahahaha I've 40 y.old and I'm immensely happy!I have a beautiful family, house, one Renault,one KTM and all mine, of my work ,wath about you?
Oct 17th, 2012 - 12:49 pm - Link - Report abuse 0and your point is what exactly
Oct 17th, 2012 - 01:32 pm - Link - Report abuse 0You know somebody has lost the plot when they brag about owning a Renault. It's a different world down there.
Oct 17th, 2012 - 03:15 pm - Link - Report abuse 0@2
Oct 17th, 2012 - 03:23 pm - Link - Report abuse 0God you really are stupid aren't you Danny? Read Mr Rufus's comment he summed it up perfectly
14# funny what you understand.Or convience I think.
Oct 17th, 2012 - 03:27 pm - Link - Report abuse 0Border controls
USA UK
Long and difficult
Make your own sentence using all those words.
Too difficult?
Is it me or are the foreign language posters getting less and less intelligible?
Oct 17th, 2012 - 03:49 pm - Link - Report abuse 0No idea what Yaleno’s reference to my post 14 is all about?
#12
Oct 17th, 2012 - 04:39 pm - Link - Report abuse 0As you are so happy, you must be content with the fact that the Falklands do not belong to Argentina.
Your domestic circumstances seem pretty average from an UK point of view.
@Clyde15
Oct 17th, 2012 - 07:24 pm - Link - Report abuse 0Te difference is that gustbury have already paid for it and have no debt as the average Briton has in UK.
having a house and owing 80% of it value to a bank is not the average situation for Argentines.
So in reality Britons don't own anything because almost are all in debt.
It's you idlehands
Oct 17th, 2012 - 09:02 pm - Link - Report abuse 0what a problemmmmmmmmmmmmmmmmmmmmm
Oct 17th, 2012 - 09:39 pm - Link - Report abuse 0unacceptable oh
19
Oct 17th, 2012 - 11:32 pm - Link - Report abuse 0we dont all own houses ya know.
#19
Oct 18th, 2012 - 09:22 am - Link - Report abuse 0Your usual ballocks again. Some people don't, but will own something when their debt is cleared. A very large percentage of house buyers HAVE paid off their loans and now own their property.
In order to buy a house, you borrow from a building society.
The usual term for repayment is 25 years. During that time you repay the amount you borrowed with interest.
I realise that to an Argentinian, repaying a loan is a concept difficult to grasp.
When the mortgage is repaid, you own the house. That is the situation for the bulk of the house buyers in the UK.
I have owned my house now for 26 years. Its value has increased 40 fold since I first signed the mortgage papers. I had to repay 3 times the original purchase price during the life of the mortgage but I have come out streets ahead on the deal.
I have no idea of the housing market in Argentina, I presume that there are a lot of people paying rent, so they don't own anything either.
Economies could not function if people did not borrow and REPAY.
Almost no one could save up to buy a car for cash and certainly not a house.
Where would a builder get the money to build houses for rent ?
Probably from a bank. He must then charge enough in rent to pay back his borrowing costs and make a profit.
The person renting the house must pay rent for as long as he stays there. When he leaves he must pay rent again and so on.
In the long run you are better off buying as you end up with an asset.
What you seem to advocate is a cash economy.
I have no idea of ”gustbury's financial position and how he bought a house etc. but I am sure he is not the typical Argentinian.
You could find the same situation in the UK, USA, and any modern industrialised nation.
agreed,
Oct 18th, 2012 - 10:24 am - Link - Report abuse 0some even think we ride arround on bicycles,
berets on head and onions arround our necks,
,,,,,,,,,,,,,,,,,,,,,,,
silly argies.
@Clyde15
Oct 18th, 2012 - 04:19 pm - Link - Report abuse 0Thanks for t explanation but I know very well what is a building society (like was Abbey National before become a bank).
But as you well said Britons buy a house base on mortgage so until the mortgage is not paid in full the owner is the bank who can foreclosure or perform Repossession of the property if the debtor incurs in default.
I hope you are not one of those that believe in the UK’s myth that if you return back the key of the property interest and cost will magically stop. Are you? ha ha
Argentina is a cash economy due to several banking crisis (the likes you start to have know in UK) so properties mostly are bought in cash. Have you read the articles here in MP about “dollar clamp” how have affected the property sale in some areas of BUE city?
So with few exceptions (because also in Argentina the are some mortgage plans) Arg. property owners are real owners who have accessed to a property by saving first to buy later.
About your believe that in Argentina everybody is renting.
You are wrong...
Argentina has one of the higher index in the world of homeownership which now would be close to 80%
In 2002 in the worst of the financial crisis and default still retained a 74.9% rate.
http://books.google.com.ar/books?id=KvT1mUwZZ4kC&pg=PA252&lpg=PA252&dq=homeownership+rate+argentina&source=bl&ots=crfA3ZzEWX&sig=ZNgQaWlhq6NqvDhOJfsKJHiSdYY&hl=es-419#v=onepage&q=homeownership%20rate%20argentina&f=false data for Brazil and Argentina
Here data
97% Bulgaria (2011)
91.9% Hungary (2001)
88.6 Singapore (2011)
83% Ireland (2002)
78% Italy (2011)
78% Spain (2001)
77% Norway(2002)
74.9% Argentina (2002 default and crisis)------Here Argies
74.4% Brazil (2005)
72% Belgium
71% Israel (2002)
69.7% Australia (2011)
69.2% Canada (2011)
69% United Kingdom (2011)----------------------Here you are mate
67% USA (2009)
67% Finland (2001)
65% New Zealand (2004)
No, I fully understand how the banking and mortgage system work !
Oct 18th, 2012 - 06:35 pm - Link - Report abuse 0I don't know where you think that the people in the UK don't understand the seriousness of defaulting on a loan repayment.
You will get your ship repossessed in lieu.
It begs the question, where do the young people live before they have saved enough to buy a house ?
Do they stay with their parents, or are the houses so cheap that it costs next to nothing to buy them. Do their parents subsidise them and give them a start with some funds or do people just squirrel away their savings from the tax man ?
Or are salaries and wages so huge that it's no problem.
In the UK an average house would sell for about £180,000. - $270,000US
To the average buyer, saving for this and paying cash is an impossibility. For London, you could start at £250,000
What is your secret ?
@Clyde15
Oct 19th, 2012 - 07:27 pm - Link - Report abuse 0I don’t know what is the secret I’m just showing you that in Argentina there are more homeowners than in UK may be because Argentina is far more middle class than UK.
I have not idea of what is the secret of the Bulgarian either...
But what I know for sure is that in UK salaries are very low compared with cost of living in Britain and that Britons only can afford to buy imported things because of favourable exchange rate but when comes to something made at home all become so expensive. Like homes, etc.
Another thing is that you have been indoctrinated to believe that a normal thing is to live on debt but tell me if that is the rule in UK who is lending you the money?
Ah! yes the ones that keep telling you to expend, expend and expend so while you buy 1 house paying during 25 years they got 2 by lending you.
Well I guess it is a matter of philosophy of living someone prefer to save for 10 years and buy a house an others prefer to live 25 years on debt to archive the same goal.
What remind me an all publicity made by the Spanish in Spain saying..
Why Germans are so rich in their mature and middle age and Spanish are so poor?
“Because while Spanish are living “la vida Loca” and expending all what they got like crazies, Germans work hard and save.”
#27
Oct 19th, 2012 - 11:01 pm - Link - Report abuse 0In the 10 years or so they are saving for a house, where are they living. In a cardboard box ?
Houses are so expensive in the UK because of the price of land and the scarcity of houses in areas where people work. This is a very small island with a high density population. Land is at a premium.
The price is dictated by supply and demand. If my house was down in the South of England, it would probably be worth 3 times its value here.
It is not a matter of philosophy, except for a fortunate few, no one with an average job, could save up to buy a house.
Taking out a mortgage is a sensible act IF you do not over extend your commitment. Many people rashly bought a house as an investment expecting prices to rise forever forgetting that a house is worth only what someone is willing to pay for it. The cardinal rule is do not over commit yourself financially.
The 25 years of debt was quite manageable. With inflation, the monthly payments became a small part of my income and left me with something greatly more valuable than anything I could have gained by saving over the 25 years - I would have been taxed on the interest I received on my savings.
As to your question as to who is lending you the money, the answer is the people who save their money in a Building Society
The savers get a return on their savings by the interest the Building Socy. charge to the borrowers.
It is a lot more complicated than that, but it works quite well for the majority of house buyers.
@Clyde15
Oct 20th, 2012 - 01:11 am - Link - Report abuse 0People rent until they have enough money to buy their first home, most use to save in US dollars and keep in saving accounts receiving interest or in security box in banks.
Others choose to enter in a building fund and turn into investor of a building project where participants of the found finance the “developer company” through pre- arranged payments to build a condominium.
Like this for example http://www.occhiuzziproyectos.com.ar/2011/
Others buy the land and hire an architect and the money they can save at month is used to build their home.
Others will get the house from they wealthy parents.
So as you can see there are many options.
The problem in UK like in Italy is the urbanised system. While Buenos Aires build to the sky UK and Italy (for example) still building 2/3/5 floor buildings. That could be as result of the administration of the land.
Tell me what you bough a Leasehold or freehold?
For outsiders your buying system of the land buying (like your democracy) is a complete mess.
Once I went to see properties in London and I discovered that the houses where selling for a certain period of time?????
So after many years the land returned to the original landlord and all over it. I was shocked because even in communist Russia thought to do that.
What do you own to start with? the land is yours for perpetuity or will return to the original landlord?
#29
Oct 20th, 2012 - 08:53 am - Link - Report abuse 0Not in Scotland. You own the land your house is built on.
Scottish Law is different from English Law.
Well seems you are in a more civilised place than the f@cking retarded English good for nothing after all...
Oct 20th, 2012 - 01:17 pm - Link - Report abuse 0#31
Oct 20th, 2012 - 05:13 pm - Link - Report abuse 0At least the English have a system of Law which they have given as a basis for democracies world wide, such as Ghana !
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