MercoPress. South Atlantic News Agency
Argentina seizes Brazilian cargo railway concession arguing non compliance with contract conditions
Argentina expropriated a cargo railway concession from Brazil’s All America Latina Logistica, ALL, and a tourist train concession, citing non-compliance with contractual agreements. ALL operated the railways between Mendoza province and the Rosario port as well as the railway between Misiones province and the Buenos Aires port since 1999. Read full article
Comments
Disclaimer & comment rulesis this south American foreplay, or are there further cracks in the latam unity than we are lead to believe :D.....fight.....fight.....fight!
Jun 05th, 2013 - 10:24 pm - Link - Report abuse 0next stops........gas stamps......food ration tickets and electricity rolling blackouts.....oops, you have rolling blackouts already.
Jun 05th, 2013 - 10:37 pm - Link - Report abuse 0day workers in line A
welfare handouts in line B
Comment removed by the editor.
Jun 06th, 2013 - 02:02 am - Link - Report abuse 0So where exactly is the overpricing and monopolising going on?
Jun 06th, 2013 - 02:21 am - Link - Report abuse 0So mad cow in the Casa Rosada now owns an amusement park... this should be fun to watch.
Never mind If Florencio fails the challenge, She can always reshuffle her cabinet and If he's successful name a street after him...
Jun 06th, 2013 - 02:41 am - Link - Report abuse 0BTW great answer from Randazzo to a reporter:
“I will do whatever the President orders,” Randazzo replied to a reporter’s inquiry. Those were his final words in yesterday’s news conference at Government House.... Mad cow orders him to fix the problem before the October mid term elections do it do it.......
so what was the deal with repsol?? they neither over priced or monopolized but according to argentina they wasn't doing enough to gather resources, but that was just argentinas view and you say Invest, you are a clown!
Jun 06th, 2013 - 06:17 am - Link - Report abuse 0stealing has a nasty habit of putting people off investing.....funny that!
The Tren de la Costa was perfectly well run . The trains and stations were clean and the rolling stock was modern and safe .
Jun 06th, 2013 - 07:27 am - Link - Report abuse 0I have put all of this in the past tense , because within 6 months it will resemble the rest of the Argentine network , which is in a very sorry state indeed .
Another day; another Argentine nationalisation!
Jun 06th, 2013 - 07:30 am - Link - Report abuse 0Yawn.
@6 - The Argentine government, in it's wisdom, also thought it was a good idea to cap the price of oil. This meant that Repsol was not earning anything like it would have been had it been allowed to sell the black gold at international prices, hence they were not able to invest as much as they would have liked. When the RG's stole Repsol YPF, the following day the price cap was dramatically increased - funny that huh?
Jun 06th, 2013 - 07:41 am - Link - Report abuse 0Some posters' have stated or inferred that Argentina is heading towards a Nazi style regime. To me, in many ways it seems more like a communist style regime where the State 'owns' everything.
Jun 06th, 2013 - 08:05 am - Link - Report abuse 0Doesn't CFK need the trains to transport all the grain she is going to steal from the farmers?
Jun 06th, 2013 - 09:04 am - Link - Report abuse 0Sounds like ALL are actually pretty nonplussed by this turn of events? As the article states these train lines did not contribute to their EBITDA - essentially this means they either were loss making, or B/E at best. They are just being relieved of the burden of having to run the lines until the conclusion of the concession.
Jun 06th, 2013 - 09:29 am - Link - Report abuse 0What tobi boi really meant was:
Jun 06th, 2013 - 09:33 am - Link - Report abuse 0“Argentina will STEAL whatever the fuck it wants with any company from any nation on this planet.”
Seems the agrarian economy is coming faster than thought now that they are putting the screws to Brazil. Can you spell SERF?
The peasants working the fields will be singing some form of:
Oh jump down, turn around, pick a bale a cotton
oh come down turn around, pick a bale a day
Oooooooh man I can pick a bale a cotton
Oooooooh man I can pick a bale a day
I feel for the peasants of Argentina, the real ones that is.
Every day ....more and more in common with North Korea
@3 “Argentina will do whatever the fuck it wants with any company from any nation on this planet.”
Jun 06th, 2013 - 10:15 am - Link - Report abuse 0Do you reckon that you could pay attention to Section 17 of YOUR constitution?
Int'l companies might as well write off everything they have in that black hole of a country.
Jun 06th, 2013 - 10:36 am - Link - Report abuse 0They're trapped, nobody will buy the companies and they can't get their U$ out. It is just a matter of time before all of them pack up and leave.
Shouldn't be too much longer now..
One word “LA CAMPORA”
Jun 06th, 2013 - 10:38 am - Link - Report abuse 0Perhaps being expected to invest in $US, or in $Real, or even in 'official rate' Pesos, but watching the return on any investment go down, down, down ... and being told that the days of removing profit back to Brasil are long gone ... and risking daily the nationalisation of all their assets in Argentina ..
Jun 06th, 2013 - 10:43 am - Link - Report abuse 0Is there any wonder that foreign investors get a bit pissed off with offering the feeding hand only to have it bitten off. You need to woo and care for your investors, not cripple their activity with your every action.
I remain horrified and strangely fascinated, watching the self-harm that CFK and her administration are performing on the country and the people. The 'thousand cuts' are bleeding dry the country.
“What did we do to deserve this?” is the cry from the country, “We voted for a saviour; surely we did no wrong?”
Unfortunately, destroyers sometimes look like saviours. But it should only take one term of office to recognise the one from the other. The people have only themselves to blame.
16 cornelius
Jun 06th, 2013 - 11:22 am - Link - Report abuse 0Isn't that two little words??? Anyway, I suspect that you are right KFC and her hired thugs are in the process of grabbing everything they can lay their sticky little mitts on.
@17 Once a wise man said, “”The world is full of kings and queens, who blind your eyes and steal your dreams.”
Jun 06th, 2013 - 12:56 pm - Link - Report abuse 0There was plenty of advanced warning that Cristina was unstable even before the elections.
@11 This may be true, if they don't crash due to lack of maintenance.
Anyone curious as to how this will effect the October elections?
@4
Jun 06th, 2013 - 01:37 pm - Link - Report abuse 0“So mad cow in the Casa Rosada now owns an amusement park...”
LOL!
@20 Yes, she stole it for her Fat Max and his friends to play in.
Jun 06th, 2013 - 01:56 pm - Link - Report abuse 0@18 It is inevitable that CFK will steal the grain from the farmers and she has no other way of transporting the grain. She has fallen out with the teamsters union. They used to be loyal followers of Nestor but she pissed them off. So, she needs transport and, apparently, the train system runs well and to the ports.
From the example of AeroCámpora, we can be certain that this new enterprise will be a model of efficiency.
Jun 06th, 2013 - 02:42 pm - Link - Report abuse 0#21 I was at the park last year in El Tigre, hardly much of a park that I am use to in the USA.....Six Flaggs, Disney etc. Neither was El Tigre. ANd when we went out to eat on Monday........every place told us.....“Only pizza....only pizza”. I finally asked why the restuarants are only serving pizza.......the response.....“It's very Monday” WTF!
Jun 06th, 2013 - 03:42 pm - Link - Report abuse 0I cannot image that the people of Argentina will tolerate much more of her absurd actions, contrarian policies and repaid decline. If they do.........they get all they deserve. The entire continent of SA appears to be going it alone and starting to talk to the USA, the “EVIL EMPIRE”.......all but Argentina.......oh and Bolivia.....two countires turtling.
Where is brasillio (if that's right) when you want to hear from him?
Jun 06th, 2013 - 03:59 pm - Link - Report abuse 0Mercosur at it's peak... Uruguay and Paraguay can't wait the day to leave it and join Pacific Alliance and Brasil dealing with it's last 2 members Argentina and Venezuela. Fido Dido, was that the “good ideology” you meant yesterday? ROFL!!!
Jun 06th, 2013 - 04:20 pm - Link - Report abuse 0Brazil 15
Jun 06th, 2013 - 04:45 pm - Link - Report abuse 0Argentina 15
Next serve please!
Good to see that Princess Plastic is concentrating on strategic industries vital to the countries future like amusement parks. Far be it from me to suggest that the former owners might not be fully supportive of the harpy.
Jun 06th, 2013 - 06:21 pm - Link - Report abuse 0Aparently when Brazil asked CFK to grow up and give it back,
Jun 06th, 2013 - 06:45 pm - Link - Report abuse 0she replied= NUTS lol.
some countries do av em lol.
@all
Jun 06th, 2013 - 07:51 pm - Link - Report abuse 0Please note that argieland isn't really a “country”. In recently released documents, it shows that argieland first defaulted on its debts in 1828. Moreover, the documents show that argieland was told in 1843/4 that the Falkland Islands were British. Just how stupid do you have to be to keep banging on about something that was defined 170 years ago? Showing how stupid argies are, did they think we wouldn't keep records?
The fact is that argieland is a criminal gangster organisation. Why wasn't argieland expelled from the UN for ignoring UNSC 502? Bribes? Kickbacks? Why doesn't CFK turn up and expel a proper argie fart at the appropriate moment? I understand that one fart is enough to evacuate South America. Where are the proper results for argieland, fartland, scumland and shitland?
@12 good point
Jun 06th, 2013 - 08:01 pm - Link - Report abuse 0@yankeeb Might you haves a link to the Business Sentiment survey where it shows noone is hiring?
Need it for my Argentine.
30. The article was in ieco.clarin the day I posted it. I am sorry I am too busy today to look for it.
Jun 07th, 2013 - 12:58 pm - Link - Report abuse 0Thank you Yankee! Your busyness probably is why you're so informed :)
Jun 08th, 2013 - 04:15 am - Link - Report abuse 0The Brazilian newspaper O Globo on Friday questioned the Government of Dilma Rousseff for “tie” to the country and said that “Brazil Argentina embraced sinks”.
Jun 08th, 2013 - 09:53 pm - Link - Report abuse 0In this regard, Argentina's decision to terminate the contract of the Brazilian company ALL was considered “belligerent” by the prestigious newspaper, which said that Argentina went from “strategic ally” to “unpredictable source of problems.”
So do not hesitate to say that “Brazil, hampered by ideology, embraced sinks Argentina.”
O Globo said that the tension between the two countries is always initiated by the Argentine government, and Vale recalled after announcing an investment of $ s6.000 million, decided to reverse the decision by changes in exchange control which established the country.
“With the globalization of the world economy, the project became impossible,” he said O Globo and stressed that ”Argentina and Venezuela, leading promoters of this discourse, they must first resolve internal problems before attacking the Empire: inflation, shortages (lack of toilet paper), recession, currency crises “.
And in relation to the country's ties with the United States, the prestigious newspaper redoubled Review: ”No one knows how long Brasilia will remain passive in the name of an ideological project to install a barrier against Yankee imperialism.“
In that sense, O Globo complained of ”the Dilma government inaction,“ noting that Mercosur has become ”a straitjacket“ that prevented Brazil have bilateral agreements with other countries.
Between 2008 and 2001, Brazil has lost U.S. $ s5.400 million in exports have been reduced within the block, which are being offset by sales to China, the U.S., the EU and Mexico Euorpea.
The newspaper concluded that Brazil should get rid of the ”Argentine cost” and reorder its strategy in world trade, which has lost much space Infobae.
What part of “we don't want anything to do with you” don't you understand? WE WANT NOTHING TO DO WITH YOUR HORRENDOUS SOCIETIES (EUROPE, UK, USA), FULL OF SCUM PEOPLE LIKE THE ONES HERE ABUSING ARGENTINES LEFT AND RIGHT.
Jun 10th, 2013 - 06:10 am - Link - Report abuse 0You have shown what you are based on what you write in this website: you are people with absolutely no redeeming personal qualities.
http://www.buenosairesherald.com/article/133136/faa-farming-sector-going-on-strike-again
Jun 10th, 2013 - 06:46 am - Link - Report abuse 0So given Elaine's excellent analysis, they had foreknowledge of this?
My O my....tobi boi is one any little teenage poor boi. The only thing is that the vast majority of Argentine's do not think like this poor teenage boi from mendoza. Go home in your momma babsement and suckle up top momma for some comfort.
Jun 10th, 2013 - 09:22 am - Link - Report abuse 0It must be hard sitting on the sidelines and seeing the world via the internet.
Bahahahahahahahahahahaha
Suck it up Nostrils and keep reading and replying like the good boy you are. We shall keep reading and replying to your rantin.... I mean posts.
Jun 10th, 2013 - 10:28 am - Link - Report abuse 0Just face it, you are trapped here to be our plaything.
Nice use of caps by the way; really helped to communicate your desperation! Kudos my little Argentine plaything.
Commenting for this story is now closed.
If you have a Facebook account, become a fan and comment on our Facebook Page!