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IMF welcomes Argentina's implementation of actions on CPI and GDP indexes

Saturday, June 7th 2014 - 04:48 UTC
Full article 33 comments

The International Monetary Fund (FMI) welcomed on Friday “all the specified actions,” taken by Argentine President Cristina Fernández administration, to improve Consumer prices and Gross Domestic Product indexes under INDEC National Statistics Bureau orbit. Read full article

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  • Think

    TWIMC
    Correct Consumer prices and Gross Domestic Product indexes..: √ Check
    That lad Kicillof continues his good work...
    Presidenciable in 2020..?
    I “Think” so...

    Jun 07th, 2014 - 06:58 am - Link - Report abuse 0
  • reality check

    Tell it to your Auto workers!

    LMAO

    Jun 07th, 2014 - 08:00 am - Link - Report abuse 0
  • Anglotino

    Initial steps.

    More to come Think.

    Anyway I'm glad that Argentina is finally buckling under the pressure to confirm to its commitments. You'll never see me disagreeing with you on that.

    As for Kicillof as a future president. That will be your country's choice.

    Considering previous choice, I don't hold out hope that it will be the best choice for Argentina. But it is your choice nonetheless and you have to live with it.

    It won't have as much of an effect on the wider region and world as it once did (refer to above regarding pervious choices)!

    Jun 07th, 2014 - 08:06 am - Link - Report abuse 0
  • DanyBerger

    I see IMF diplomatically trying to soft their tune with Argentina as ARG. has left IMF out of the arrangement with Paris club.

    Lesson to be learn...

    When Looking Tough Goes Wrong with the wrong people without enough power...

    http://www.youtube.com/watch?v=1PqUKgXusoY

    Really sad isn’t it?

    Jun 07th, 2014 - 09:04 am - Link - Report abuse 0
  • Anglotino

    The IMF was left out?

    Interesting take on what the Paris Club is about.

    So thank for bringing that up Dany. Not only has Argentina buckled to the IMF recently, but it has also buckled to the Paris Club.

    I'm so proud of Argentina.

    Jun 07th, 2014 - 09:36 am - Link - Report abuse 0
  • Conqueror

    Several hundred years before corruption and criminality is eliminated from argieland.

    First step. ELIMINATE German, Italian, spanish ethnics and semi-ethnics. If in doubt, CLEANSE.

    Jun 07th, 2014 - 12:13 pm - Link - Report abuse 0
  • Anglotino

    God Conqs stop drinking man.

    Jun 07th, 2014 - 01:01 pm - Link - Report abuse 0
  • Think

    (6) Conq
    That Ozzie fairy at (7) just called you Conq, Conq...
    We can't allow that Conq..., can we...?
    Show him Conq, show him...!

    Jun 07th, 2014 - 01:36 pm - Link - Report abuse 0
  • CabezaDura2

    Ohhhh the dichotomy of having to lie less but not wanting to take the political costs of recognizing the complete failure of the K model.

    Legarde and the IMF recognize Argentina is lying less.

    When will the Ks admit that GDP per capita was never recovered to the levels of the 90s, that poverty is even higher than the 90s. Will they admit that the trade balance is bogus even with all the import restrictions they implemented???

    Jun 07th, 2014 - 02:39 pm - Link - Report abuse 0
  • Anglotino

    Bahahahahahaha

    “Ozzie fairy”

    Wow I rattled you more than I thought old man.

    See what happens when you decide to finally give in and reply to me. You fail yet AGAIN.

    So then you have to come running to Conqs?

    BAHAHAHAHAHAHAHAHAHAHAHAHAHAHAHA

    Of course I call him Conqs. It upsets him because he thinks people should show more respect to the source of his namesake, HMS Conquerer. And yet I don't think anyone could show more disrespect to the illustrious HMS Conqueror than Conqs with his rabid, racist, disgustingly puerile and, let's face it, downright embarrassing comments.

    He's no better than Suzie in most respects. Just more longwinded, which you'd know about as this comes from age.

    But when you're desperate I guess you can swallow what little pride I've left you and ignore Conqs' ethnic cleansing slurs.... and throw in a pretty pathetic homo one too.

    Tick Tick Tick Tick Tick Tick Tick Tick Tick Tick Tick Tick Tick Tick Tick Tick Tick Tick Tick Tick Tick Tick Tick Tick Tick Tick Tick Tick Tick Tick Tick Tick Tick Tick Tick Tick Tick Tick Tick Tick Tick Tick Tick Tick Tick Tick Tick Tick Tick Tick Tick Tick Tick Tick Tick Tick Tick Tick Tick Tick Tick Tick Tick Tick Tick Tick Tick Tick Tick Tick Tick Tick Tick Tick Tick Tick Tick Tick Tick Tick Tick Tick Tick Tick Tick Tick Tick Tick Tick Tick Tick Tick Tick Tick Tick Tick Tick Tick Tick Tick Tick Tick Tick Tick Tick Tick Tick Tick Tick Tick Tick Tick Tick Tick Tick Tick Tick Tick Tick Tick Tick Tick Tick Tick Tick Tick Tick Tick Tick Tick Tick Tick Tick Tick Tick Tick Tick Tick Tick Tick Tick Tick Tick Tick Tick Tick Tick Tick Tick Tick Tick Tick Tick Tick Tick Tick Tick Tick Tick Tick Tick Tick Tick Tick Tick Tick Tick Tick Tick Tick Tick Tick Tick Tick Tick Tick Tick Tick Tick Tick Tick Tick Tick Tick Tick Tick Tick Tick Tick Tick Tick Tick Tick Tick Tick Tick Tick Tick Tick Tick Tick Tick Tick Tick Tick Tick Tick Tick Tick Tick Tick Tick Tick Tick Tick Tick Tick Tick Tick Tick Tick Tick Tick Tick Tic

    Jun 07th, 2014 - 04:00 pm - Link - Report abuse 0
  • CabezaDura2

    10

    Do you think conqueror was an actual sailor in the HMS Conqueror back in 1982 ??

    Maybe that is a reason why he may be so messed up

    Jun 07th, 2014 - 04:57 pm - Link - Report abuse 0
  • Think

    (11) Caradura

    Conqs real name is Brian Riches and he worked for the Royal Mail until retirement...
    He hates anything not English..., especially Scots, Argentineans and Ozzie Fairies ;-)

    Hereby a bit of background on him...:
    http://en.mercopress.com/2011/07/23/double-attack-in-norway-kills-at-least-87-one-extreme-right-extremist-arrested#comment57957

    Jun 07th, 2014 - 06:11 pm - Link - Report abuse 0
  • tRoll_with_the_Punches

    You got to hand it to ozzers to even attempt turning a humiliation into a triumph.

    Imagine if you had a child, and you told him not to burp at the dinner table when he was 3 y/o. FOURTEEN years later... he actually obeys and stops burping.

    In Anglotino's “round” worldview (he's Australian everyone's round there), the child “buckled” under the pressure of the parents.

    The parents had all the power yet had to wait a decade and a half to get the child to stop. Yeah, what a triumph...

    Remove “parents” insert IMF/Paris Club/USA/EU/Japan/etc, remove “child” insert Argentina.

    Buckled... HAHAHAHAHAHAHA.

    Jun 07th, 2014 - 10:39 pm - Link - Report abuse 0
  • Anglotino

    Umm yeah......Nostrils.

    But eventually Argentina gave in. Not as a 16 year old child but as a 161 year old country.

    You aren't used to persistence. But eventually Argentina ran out of tantrums and ran out of excuses and ran out of options.

    And then did what it was told.

    It doesn't matter how long it took.

    What matters is that it happened.

    Now be a good boy and patriotically support your government as they do as they are told.

    Jun 07th, 2014 - 11:40 pm - Link - Report abuse 0
  • Joe Bloggs

    TTT
    The good thing is that soon your government will be able to borrow internationally again.

    No wonder you hate Europeans so much. I mean they're responsible for making you what you are today aren't they. I'm just trying to think; have Europeans migrated to anywhere else in the world where it's gone as tits up as South America?

    Can't think of anywhere. Damn! No wonder you hate them.

    Jun 07th, 2014 - 11:49 pm - Link - Report abuse 0
  • tRoll_with_the_Punches

    @14

    “as they do as they are told”.

    Ah, just like Australia every single day of its existence since 1900 or whatever it was. Always done as they are told by NorthAmia and occasionally UKKK.

    @15

    What a laughable statement. Good to borrow???? That is a disaster. I don't want Argentina to borrow. To be shackled again? These EUians and NorthAms never give up on imperialism do they. No values of cooperation whatsoever. Rotten societies indeed.

    Making me? How would you know. Please prove it.

    Prove I am European. Go ahead. I'll wait here.

    Tits up? We were top 10 richest for almost a century from 1865 to 1955. Hardly a bad outcome. But countries rise and fall, as have all before and yours will too.

    Jun 08th, 2014 - 12:17 am - Link - Report abuse 0
  • Anglotino

    Yes yes yes, Australia is told what to do and does it.

    And we have one of the world's most stable and prosperous countries to show for it.

    Amazing that we make the system work for us but Argentina can't.

    Well enjoy doing what you're told and the decline that seemingly thing is natural, inevitable and to be embraced.

    We'll aim to head in the opposite direction.

    Jun 08th, 2014 - 01:02 am - Link - Report abuse 0
  • tRoll_with_the_Punches

    Argentina does not want to be partners with you or the rest, that's the difference. You are not friends. That's it end of story!

    Yes, decline is natural and will be coming to Australia, don't you worry.

    Name one country that has lasted since human civilization began??

    Please tell me... can I gooogle map Sumer, Chaldea, the Shang, or the Mayan Empire?

    Jun 08th, 2014 - 01:07 am - Link - Report abuse 0
  • Anglotino

    I don't remember asking or wanting Argentina to be partners or friends with Australia.

    There's no story to be ended. Take your bat and ball and go home. It seems to work for 6 year olds so surely it will work for you now.

    Decline is not natural, otherwise our civilisation would be LESS advanced than Sumer, Chaldea, Shang or Maya were at their peaks. And yet we aren't.

    You seem to confuse the cycles of civilisations rising and falling with some inevitable decline. All you are doing is showing your cognitive ability.... or severe lack thereof.

    “Name one country that has lasted since human civilization began??”

    Haha, sorry my friend just laughed at that. He loves how you move your temporal boundary to make a point. I mean you go from a little more than a century to over six millennia.

    I told him about your inability to argue and he now understand how you can do that.

    I don't know what the future will bring, I just know that my country is aiming to be more advanced and prosperous and affluent and liveable than we are now.

    That is the present I talk about.

    You espouse Argentina continuing to decline.

    That is the present you talk about.

    Would it be better to say 'within my lifetime'? Because that can help you put a smaller temporal boundary around it.

    So within my lifetime, Australia will continue to inexorably become more advance, prosperous, affluent and liveable. There will be dips and slowdowns and setbacks but nothing that will match the decades decline that Argentina has so far suffered. As my lifetime will take in most of the 21st century, it contrasts quite markedly with your vision for Argentina which is less advance, poorer, less liveable and less powerful.

    Don't get upset with me just because your vision sounds so much less appealing. Giving up won't really affect my country, only yours.

    Jun 08th, 2014 - 01:54 am - Link - Report abuse 0
  • CabezaDura2

    @Toby

    You are correct about the decline of Australia but you are wrong about the source of its failure. Its the massive state they have developed

    I haven’t watched the entire video, but he is very well researched and he provides his links.

    https://www.youtube.com/watch?v=cB5ihHGsm2o

    Jun 08th, 2014 - 02:26 am - Link - Report abuse 0
  • tRoll_with_the_Punches

    @19

    'Decline is not natural, otherwise our civilisation would be LESS advanced than Sumer, Chaldea, Shang or Maya were at their peaks. And yet we aren't.“

    You just proved my point!!! I never have said CIVILIZATION is declining, I have always said ”COUNTRIES (SPECIFIC POLITICAL ENTITIES) decline. Your uncouth attempt at foisting that non-sequitur failed.

    Civilization may not decline, but AUSTRALIA will!

    I just accept reality, and that makes me be at peace. Argentina will decline, and further in the future. But it will still last longer than many countries in Europe or North America, that's all I care about.

    Jun 08th, 2014 - 02:33 am - Link - Report abuse 0
  • CabezaDura2

    First French Colonial Empire 1605- 1814
    Napoleonic empire (First French Empire) 1804-1815
    Second French Empire 1852-1870
    Second French Colonial Empire 1830-1980

    Something doesnt add up with your theory

    Jun 08th, 2014 - 03:10 am - Link - Report abuse 0
  • Anglotino

    CabezaDura, I expected more from you, but after watching some of that, I see I set my expectation waaaaay too high.

    Stefan Molyneux has some fine predictions, though he bases much of his predictions on data from the GFC years. His prediction is now a year old and still nothing has come of it. Supposedly we are in for some US style crash in the near future.

    I guess we will wait and see. Because I've been reading predictions like his for more than a decade now and only a micro percentage of their entire predictions come to pass.

    The simply fact is that Australia is not and never will be immune to economic crises and problems. The difference is how a country deals with them and then moves on. Repeating past mistakes is not learning, and that is a major part of Argentina's problem. And even the US is some ways.

    Every single time Australia has had a major economic crisis, it has reformed. Reformation is the key to learning and reducing the chances of repetition. We had our banking crisis in the last 1990s and a subsequent recession so we didn't have a banking crisis this time round.

    Are there problems in our housing market? I am unsure. According to one way of looking at it, yes! And there should be a massive rectification coming. However others don't think so. I don't have enough knowledge of this to make a clear decision. The simply fact is that few developed countries are growing at our rate of population growth.

    Australia's is growing 1.8% a year. Here's a comparison to give you an idea of how many people are emigrating to this country:
    India: 1.3%
    Indonesia: 1.2%
    Canada: 1.2%
    Brazil: 0.9%
    Argentina: 0.9%
    US: 0.7%
    UK: 0.6%
    NZ: 0.6%
    China: 0.5%

    Other than Singapore and Luxembourg, there are no other developed nations growing faster than ours in population.

    No economy larger than ours is growing faster.

    So perhaps our market will deal with this growth or it won't. I still stand by my prediction for this coming century.

    Jun 08th, 2014 - 07:06 am - Link - Report abuse 0
  • Briton

    Argentina may never survive this century out.

    Jun 08th, 2014 - 09:26 am - Link - Report abuse 0
  • Joe Bloggs

    16 tRoll_with_name-changes

    'What a laughable statement. Good to borrow???? That is a disaster. I don't want Argentina to borrow. To be shackled again? These EUians and NorthAms never give up on imperialism do they. No values of cooperation whatsoever. Rotten societies indeed.'

    .Making me? How would you know. Please prove it.,

    I didn't mean you personally; it's not all about you all the time. Geez! I meant you as a nation i.e. Argentina. Europeans made you because you are a European-borne nation. Apart from the few remaining natives that you didn't slaughter.

    'Prove I am European. Go ahead. I'll wait here.'

    I've asked you maybe a dozen times what your ethnic origin is and you won't say. You say it's none of my business but I think it just adds to the attention you crave on here. I'd be willing to bet your ethnic background is European but we'll never know will we.

    'Tits up? We were top 10 richest for almost a century from 1865 to 1955. Hardly a bad outcome. But countries rise and fall, as have all before and yours will too.'

    Yeah, tits up. As in corrupt, politically unstable, incompetent, poverty-stricken (except Mendoza of course!),3rd world/ developing, powerless and a laughing stock.

    I know you say you don't want to borrow but that won't be your government's view and they've already made that quite clear. They'll be borrowing as much as they can as soon as they can.

    Jun 08th, 2014 - 12:25 pm - Link - Report abuse 0
  • CabezaDura2

    Anglotino

    I guess that the problem with you is that you are expecting a massive Australian collapse like Argentina in 2001, and that is not going to happen.
    Australia does seem to be heading for a decline, the difference it is in a much earlier stage of government debt to GDP, it’s got much to chip away on that side still. It’s the exact contrary to Italy where the gov’t had incurred in massive debt but Italian households remained with relatively low levels of debt.

    Manufacturing contraction and very bad record in balance of payments is making Australia look more dependent on raw mineral exports. It’s like a developed South American country. My guess the decline in commodity prices over the next coming years will signal that Oz will not be able to sustain growth and lifestyle it had being doing so for the last 20 years or so

    Jun 08th, 2014 - 01:13 pm - Link - Report abuse 0
  • tRoll_with_the_Punches

    Who cares about Ozzer economic problems anyway. It affects absolutely no one.

    When the NorthAmia had its huge crisis in 2008, it affected only the EUians. To the rest of the world it was inconsequential that the USA almost collapsed to oblivion.

    How have things changed...

    Jun 08th, 2014 - 06:27 pm - Link - Report abuse 0
  • Joe Bloggs

    tRoll_with_name-changes

    Here's betting your government is borrowing massive amounts of money from overseas just as soon as they are allowed to. Allowed to by what amounts to mainly Europeans and Americans (proper Americans; you know, USA).

    No wonder you hate them so much. They created you, they control you, they ARE you.

    You must look at Australia, Canada, America, New Zealand and other such developed nations created by Europeans and think about all of the what ifs: 'What if my predecessors went to one of those places? Why did they have to come to this place?'

    Did you know that the Falkland Islands Government borrows nothing from overseas? With the healthy reserve we have and a pretty-much balanced budget year in year out why would we need to?

    Chuckle chuckle.

    Jun 08th, 2014 - 07:32 pm - Link - Report abuse 0
  • tRoll_with_the_Punches

    @28

    You did a good job in concisely resuming your raging racism against Argentines, and South Americans in general.

    Then you wonder why most of them want to boot you out. I don't, but you still are a racist for the comments above.

    Jun 08th, 2014 - 07:40 pm - Link - Report abuse 0
  • Joe Bloggs

    tRoll_with_name-changes

    If you think the above is racist that goes a long way towards explaining your massive inferiority complex.

    You know I know you have always spoken out in favour of us in the Falklands. What I don't like about you is your blanket hatred of America (USA) and Europe. Like I said though: when I think about it I can see why you're so bitter. When you wonder why your country turned out so badly when other European colonies turned out so successful and democratically free.

    Win some you lose some.

    Jun 08th, 2014 - 07:54 pm - Link - Report abuse 0
  • tRoll_with_the_Punches

    @3o

    well lets see:

    “proper Americans”, btw I never had a problem with the “America” name. More so today when it's a liability and not something to be proud of. I have a problem with your use of “proper”. That word proves you think they are “people” while South Americans are not. That's racism.

    Then you presume to assume what my predessesors WERE. Not only that, you belittled their intelligence, and made a conclusion made from both erroneous assumptions. To assume to know better than another human is by nature racist, you make it clear you don't believe they have the same cognitive abilities.

    Yeah, Argentina turned so badly that we have no mass killings and endless wars like in the north.

    Yet another assumption.

    Jun 08th, 2014 - 08:06 pm - Link - Report abuse 0
  • Joe Bloggs

    tRoll_with_name-changes

    Oh you are soooo self righteous. LMFAO. I say 'proper Americans' because I simply went to write 'Americans' and then remembered how sensitive some of you SOUTH Americans are to that. 'We're Americans too' you usually cry out. Get over it.

    Okay then, let's put all of the assumptions t bed. Who were your predecessors? What is the big fucking deal with telling us? Unless it's embarrassing for you that is? Maybe it's not possible I was being racist. Maybe you and I are the same race. LOL. You attention seeking prima donna.

    You kill as many of each other as the proper Americans do. Which puts both of you way ahead of anywhere else in Europe and light years ahead of the Falklands. Our last (possible; no body was ever found) murder was 35 years ago.

    Jun 09th, 2014 - 12:38 am - Link - Report abuse 0
  • tRoll_with_the_Punches

    There has not been a murder in my neighborhood in 9 years. That gives me the morality to cry out.

    I never been bothered by the American thing, where you get that baffles me. In fact Argentines are not bothered by it at all. Why would we want that name, “American”? It has gained a horrible reputation around the world last 30 years.

    I can tell you my predecessors, I never said I couldn't. Let me list them:

    It's a Troll Road
    Trolley to Truth
    Nostrolldamus 1 through 13
    John Troll 3 trough 17
    The Truth Shall be Trolld
    120.5 Troll FM
    On_paTroll
    Giorgio B. Tsoukalos

    All direct disciples of the God Truth Telling Troll, who rose to the immortals so long ago. He still remains the most influential figure in Mercopress's history.

    Everything is “before TTT” and “after TTT”.

    Jun 09th, 2014 - 01:05 am - Link - Report abuse 0

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