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IMF informally briefed on Argentina and on Friday will address possible censure
The International Monetary Fund’s board of directors was informally briefed on the economic situation in Argentina, which has refused to undergo an annual assessment since 2006. Read full article
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Disclaimer & comment rulesSo what? They will not do a thing about it and Argentina well know it.
Jan 30th, 2013 - 08:34 am - Link - Report abuse 0Possibly, but if they don't there is no point in doing these 'consultations'. Anyone having issues will point to the snydey ignorant thumb nosing kid in the corner saying “well they don't have to do it, so why should I?”. At which point the grown ups say “because you wouldn't want to end up like them would you”.
Jan 30th, 2013 - 08:54 am - Link - Report abuse 0“I am very surprised about the lack of progress in the argentine statistics.” said mrs. Lagarde on friday, febr. 1st, 2013...
Jan 30th, 2013 - 10:02 am - Link - Report abuse 0No true stats for 62 months, it,s laughable!
Jan 30th, 2013 - 10:32 am - Link - Report abuse 0More IMF soap opera...
Jan 30th, 2013 - 10:52 am - Link - Report abuse 0Things could be worse. Zimbabwe only has £138/$217 left in the bank:
Jan 30th, 2013 - 10:53 am - Link - Report abuse 0http://www.telegraph.co.uk/news/worldnews/africaandindianocean/zimbabwe/9836132/Zimbabwe-has-just-138-left-in-the-bank-finance-minister-says.html
Yes and of course as always, it's someone else's fault. Where have I heard that before?
Jan 30th, 2013 - 11:15 am - Link - Report abuse 0The Botox economy, is it any surprise?
Jan 30th, 2013 - 11:20 am - Link - Report abuse 0The IMF is being cowardly and dragging their feet. They will probably extend the deadline or something to that effect.
Jan 30th, 2013 - 01:19 pm - Link - Report abuse 0We'll see, there is an awful lot of political pressure being put on the IMF to begin censure.
Jan 30th, 2013 - 01:42 pm - Link - Report abuse 0Frankly I won't be surprised either way.
The consequences are dire for Argentina though, immediate loss of funding from IDB and WB. Then the rest will have to follow.
The censure will be like water on a duck's back
Jan 30th, 2013 - 01:46 pm - Link - Report abuse 0@11 Ozgood
Jan 30th, 2013 - 02:12 pm - Link - Report abuse 0I'm sure that's how the Argentine government will want it to look, but the effects on getting people to invest in Argentina will be extremely poor.
Of course, the usual Malvinistas like Nostril will be on here telling everyone how the don't need the IMF, or the WB or the WTO, until they realise that they do, then suddenly it'll be “They're picking on us, wah, wah.”
There are a lot of sticky fingers with the IDB and WB funds. Those sticky fingers are usually attached to powerful people that won't be too happy the $ is dried up.
Jan 30th, 2013 - 02:35 pm - Link - Report abuse 0Arg uses those U$ to pay U$ denominated debt and for imports. There is not have much room in their trade balance to make this up. Especially with the SOY withering under intense dry and hot weather.
Proposed Argentinian National Anthem: https://www.youtube.com/watch?v=7ikUCavp2yA
@LEPRecon
Jan 30th, 2013 - 03:23 pm - Link - Report abuse 0Probably, but they also have “a debt of honour” to pay the Vulture hedge fund. These hedge funds are only for the very rich to gamble with and, as much as I despise them, (CFK & THE FUNDS) they will not get more investments unless they pay off their debts
Venezuela and Ecuador mentioned in the same circle as Argentina. Why does that not surprise me?
Jan 30th, 2013 - 04:49 pm - Link - Report abuse 0http://finance.yahoo.com/news/us-economy-shrinks-0-1-133051224.html
Jan 30th, 2013 - 05:20 pm - Link - Report abuse 0HAHAHAHAHAHAHAHAHAHAHAHA
How are the pie sales going? Did you make $160 pesos or U$20 yet today. You should be able to buy the whole villa lunch with that! Your parents will be so proud!
Jan 30th, 2013 - 07:02 pm - Link - Report abuse 0So, what are the odds you will walk out of your office with your life today yankeebroke?
Jan 30th, 2013 - 07:31 pm - Link - Report abuse 0http://news.yahoo.com/shooting-reported-phoenix-workplace-reports-four-shot-182718485.html
How about your kids?
50/50? Improbable?
Everyday is russian roulette up there huh?
I don't even lock my doors when I leave.
Jan 30th, 2013 - 07:36 pm - Link - Report abuse 0It is very sad that you will never know that type of security.
How many companies will close when the Peso is 10/1? That may be in March at this rate.
Your one sick little juvenile, gloating at peoples suffering!
Jan 30th, 2013 - 07:37 pm - Link - Report abuse 0@19
Jan 30th, 2013 - 07:50 pm - Link - Report abuse 0I never locked my doors either.
more money you give to children,
Jan 30th, 2013 - 07:55 pm - Link - Report abuse 0the more they will spend,
they never pay back,
they know not,
as children they think its pocket money,
no more money.
Then you must be dirt poor.
Jan 30th, 2013 - 07:56 pm - Link - Report abuse 0I had a 12 foot gate, bars on the windows and 2 armed guards at my house in Znorte. It was awful.
I will never live that way again.
http://news.yahoo.com/teenage-girl-shot-killed-days-performing-obamas-inauguration-120200091.html
Jan 30th, 2013 - 08:08 pm - Link - Report abuse 0And thankfully I'll never live that way. How frikkkn embarrassing.
I've experienced both, you have only 1/2 of the story told by a liberal media trying to get gun control passed in the USA. You are a very gullible kid.
Jan 30th, 2013 - 08:14 pm - Link - Report abuse 0If I were you I would be more worried about how the Peso at 8/1.
they only need half the story lol.
Jan 30th, 2013 - 08:18 pm - Link - Report abuse 0@25
Jan 30th, 2013 - 08:24 pm - Link - Report abuse 0Oh so it's the media's fault? Who have I heard say that before towards “malvinistas” about Lanacion, clarin, etc?
hahaha, it's called hypocrisy loser.
Toby, The last time Argentina released info on crime was in 2008, everyone and I mean the 100s of thousands that march for insecurity over the last year, know that the murder rate is escalating dramatically. Throw in death rates from traffic accidents and you are WAY more likely to die in Argentina from homicide or traffic than you are in the USA.
Jan 30th, 2013 - 08:33 pm - Link - Report abuse 0So you can go on and on and let your weak mind continue to be manipulated by the media or do your own research.
Again, I lived in both places and the reason I moved was solely because I didn't feel safe in Argentina any longer.
it is not funny but laugh all you want.
@28
Jan 30th, 2013 - 08:35 pm - Link - Report abuse 0“solely”
So tell me if the murder rate has doubled or tripled? Why are families not reporting the dead? Where are the bodies in the street, unclaimed, that the “stats” are not reporting?
try again.
Who know what the CRIME rates are, Argentina stopped reporting them when they started to rapidly escalate so there are no stats to compare.
Jan 30th, 2013 - 08:38 pm - Link - Report abuse 0You know this.
FYI the lights are out in BA again.
Nice and hot
Gonna be some trouble tonight I bet
@Nostrolldamus the 8th, I see your country is upsetting the jews now LOL poor Tinman thought he was an old jew boy there again when Crissy says jump you all f...ing jump LOL
Jan 30th, 2013 - 10:20 pm - Link - Report abuse 0www.bbc.co.uk/news/world-middle-east-21250245
What about a Plan Cristina to save UK and US like the Plan Marshall?
Jan 31st, 2013 - 09:45 am - Link - Report abuse 0Argentina leans pesos to them, where are the gonna buy?
Argentina in 30 years they will be ruined and every time Argentina moves the value of the peso they collapse and have to start all over again.
How about some gun boat diplomacy? The European powers send their navies to Argentina to recoup debts just as they did over a century ago.
Jan 31st, 2013 - 01:52 pm - Link - Report abuse 0What navy mate?
Jan 31st, 2013 - 04:03 pm - Link - Report abuse 0Do you remember that you have none thanks to CaMoron.
The only danger for argies could be millions of Britons jumping to argentina from planes of British Air noways just to clean toilettes and to serve tables in BA like they did before.
An average of 40 years to learn a word in other languages of Britons, argies could be dead of starvation by waiting the meal in restaurants.
That is very scary I guess.
BTW you govt. cheque from the DSS have arrived or the Royal Mail is on strike like always?
Get in touch with the times mate! DSS no longer send cheques, you need a bank account. Oh dear, that's most of you argies stuffed isn't it.
Jan 31st, 2013 - 06:25 pm - Link - Report abuse 0The goverment announced today,
Jan 31st, 2013 - 07:14 pm - Link - Report abuse 0£160 billion from 2015,
and an increase of 1%,
still,
small by comparason to the mighty argentine military, is it not .lol.
Argentina used to be more.prosperous than England RIGHT BEFORE they emptied the treasuries financing a MASSIVE, country-changing immigration of poor people.
Jan 31st, 2013 - 10:33 pm - Link - Report abuse 0Argentinans now aren't the same PEOPLE as history's rich Argentina.
So, the IMF have taken the first step towards expelling Argentina.
Feb 01st, 2013 - 09:56 pm - Link - Report abuse 0@reality check
Feb 02nd, 2013 - 03:44 am - Link - Report abuse 0“Get in touch with the times mate! DSS no longer send cheques, you need a bank account. Oh dear, that's most of you argies stuffed isn't it.”
What happened you have started to steal cheques from one another?
Bad, really bad, you should do things like that.
Well to be honest you always do stuff like that. Don’t you?
Especially with other people land, is that genetic or just indoctrination.
#25 you are a nobody, being an Argentine is more then you can handle try being yourself and mind your own country, Argentina is way too much for you.
Feb 05th, 2013 - 07:01 pm - Link - Report abuse 0http://www.gregpalast.com/the-globalizer-who-came-in-from-the-cold/
#37 it still is!, meat still the traditional dish at the dinner table, wine and milk is never short, and eggs cost the same as last year if not cheaper. I wonder how the prices are holding up in UK?
I am just glad the thieves are not making rules or stealing Argentina's tax revenues.
http://www.gregpalast.com/the-globalizer-who-came-in-from-the-cold/
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