MercoPress. South Atlantic News Agency
Argentina says June 30 bond service in New York was made 'impossible' by lifting 'stay' order
Payment of bond service due on June 30 in New York has been made “impossible” by Wednesday's lifting of a stay by a U.S. federal court, Argentina's economy ministry said on Wednesday, in a move that appeared to push the country closer to default. Read full article
Comments
Disclaimer & comment rulesWell..............., it was...
Jun 19th, 2014 - 06:47 pm - Link - Report abuse 0If Argentina really can't pay, surely it's time to apply for help under the Heavily Indebted Poor Countries Programme?
Jun 19th, 2014 - 07:03 pm - Link - Report abuse 0When will this benighted arrogant nation begin to realise that the rest of the world has their measure and then can't get away with it any longer?
Jun 19th, 2014 - 08:03 pm - Link - Report abuse 02
Jun 19th, 2014 - 08:04 pm - Link - Report abuse 0Hans,
really... that would surely involve more required 'looking at the books' - no way will they go for that!!
I don't understand why they can get it into their moronic head that they lost?
Jun 19th, 2014 - 09:11 pm - Link - Report abuse 0The judgement has passed.
They knew what it was long ago.
They are really blockheads.
Well there's always Wonga.com - they'll give you money within five minutes (at a ball breaking rate of interest)
Jun 19th, 2014 - 09:55 pm - Link - Report abuse 0Kicillof says in the coming week they will seek to negotiate with the holdouts.
Jun 19th, 2014 - 10:41 pm - Link - Report abuse 0Then.
Capitanich says there's no way they are going to send officials to New York.
Jesus Christ, haven't they ever heard of singing from the same hymn sheet?
are they actually members of the same government?
They might has well default now, because honestly, they do not seem to have clue.
A component government (or business) always makes provisions for losing a court case that will involve a payment.
Jun 19th, 2014 - 10:43 pm - Link - Report abuse 0The fact that the Argentine government was so hubristic that they are now facing default is indicative of their woeful inability to manage the economy and the country.
Should Argentina default, it won't be anything like the last time. The amount is much smaller and everyone has learnt their lesson.
There is a reason that these bonds were not issued under the legal auspices of Argentina. For some to believe they can magically be transferred to that jurisdiction is naive. A default does not automatically mean that negotiations will mean settlements are under Argentinean law.
If anything, the last several years actions have made that less likely.
@#1 Trolldarmus...
Jun 19th, 2014 - 10:46 pm - Link - Report abuse 0Can you explain to me how your country, which is supposedly blessed with a thriving economy and deep, deep national reserves of money, cant afford to pay 1.3 billion?
Im no economic maester but, in the big scheme of international monetary systems, 1.3 billion is peanuts.
How come your country, which you have sworn and avowed is filthy rich and catflap, cant afford this tiny sum of money?
Were you just lying, or is your government just lying (again)
(and again)
(and again)
?
Hubris, what a lovely word, looked it up, defined as, excessive pride or defiance towards the gods, leading to Nemesis.
Jun 19th, 2014 - 10:59 pm - Link - Report abuse 0Now how prophetic is that?
To all the sages and prophets of merco press - THERE WILL NOT BE A DEFAULT - it's not what you want to hear but it's what will happen
Jun 19th, 2014 - 11:38 pm - Link - Report abuse 0Speak to you all on June 30 the with a smile - ignorant gringo muppets
Sorry but no...
NO DEFAULT - NO DEFAULT - NO DEFAULT - NO DEFAULT
England just got knocked out of the World Cup - a totally useless team of English muppets just like the country they come from - hahahaha.
Tonight we celebrate the defeat of England with some Caiprinhas and my Uruguayn friends. Such a joyful and happy evening - England's new captain was announced right after the game - he works for British Airways !!! Have a terrible flight home
Argentina can't pay? why did they just spend money on a crappy old submarine, buy crappy old fighter aircraft from spain etc. Spend millions on propaganda about the Falklands. Depends what your priorities are.
Jun 19th, 2014 - 11:40 pm - Link - Report abuse 0Why don't you take your Brazilian Super Model girlfriend out.
Jun 19th, 2014 - 11:56 pm - Link - Report abuse 0Out of her box that is and inflate her!
You know the one, the one you put in the back of your helicopter, when you fly off to lunch at Macdonalds or was it to play polo in Miami. How do you get all that horse shit out of the pool by the way?
You know the horse shit I am talking about?
You should do, you spout it on here enough.
Giselle and I love you all tonight - hugs and big kisses from our luxury villa in Rio de Janeiro
Jun 20th, 2014 - 12:08 am - Link - Report abuse 0Signed
Jun 20th, 2014 - 12:09 am - Link - Report abuse 0El Walter Mitty.
Argentina has actually being in DEFAULT ever since 2002 and has remained in DEFAULT, it never really came out of it, it simply ignored part of the debt for 10 years now finally international law has come to term with this....
Jun 20th, 2014 - 12:32 am - Link - Report abuse 0Greetings to Giselle, if she were only real that is :-(
I hope that Argentina doesn't default for pain it will cause the average Argentinean. Not the rich people supposedly like El Diego who won't feel much pain at all.
Jun 20th, 2014 - 12:37 am - Link - Report abuse 0I hope that Argentina does default however so that their current government's economic ideas are discredited.
17
Jun 20th, 2014 - 12:51 am - Link - Report abuse 0I think that the only solution is that the whole thing falls down to pieces completely... Many will suffer yes, but it is undoubtful that the “average Argentine” is responsable for the current situation. The Stateist system and mentality that has being existing since 1945 needs to be purged and cleansed, its the only way forward Im afraid, there is no other solution as I see it.
Besides even if it 15 Bn we have to pay, its only 10% of national revenue the Ks will bring the country to default provided that they keep on spending on nonesence like Aerolineas, AR-Sat, Telam, welfare subsidies, FpT, WC transmition, etc
Giselle and I had a good laugh at this one.........The England team went to visit an orphanage in Rio this morning. “It's good to put a smile on the faces of people with no hope, constantly struggling and facing the impossible.” said Emilio Di Costa aged 6
Jun 20th, 2014 - 01:16 am - Link - Report abuse 0Cabezadura
Jun 20th, 2014 - 01:56 am - Link - Report abuse 0I agree. It is my same opinion of Venezuela. Sometimes you need a system so discredited that the thought of continuing or resurrecting is impossible.
Though you have the example of Russia who is now pretty much resurrecting the Russian Empire Mk1 and Mk2 (Soviet Union). So perhaps they never hit rock bottom hard enough. Ukraine did though.
I don't know how to purge Argentina of Peron's legacy. But you would think after all the problems it has caused over 70 years that it would have been.
Starting from scratch with a new constitution and government might be the answer. But that already happened after 1982.
Perhaps the only option is for parts of Argentina to go it alone. BsAs province is big enough to be a country based on services and manufacturing while the rest develops differently. I don't know.
But if Argentina can't shake Peronism as a whole, perhaps some parts can. And when they do the other parts will see the difference.
Hey El Diego you dimwit, hate to blow your bubble but England was in Sao Paulo today. Stop talking shit.
Jun 20th, 2014 - 02:50 am - Link - Report abuse 0Who is Giselle? El Diego's dog?
Jun 20th, 2014 - 04:30 am - Link - Report abuse 0Should I start including my Border Collie in my posts? His name isn't as fancy as Giselle.
El Diego
Jun 20th, 2014 - 05:04 am - Link - Report abuse 0My wife and I just let Romeo out behind our summer villa for a dump before bedtime.
We had a good laugh at your posts.
Looking around the Argies are going to default the vultures are saying that no contact
Jun 20th, 2014 - 05:05 am - Link - Report abuse 024 Hepatia/British Bomber
Jun 20th, 2014 - 05:11 am - Link - Report abuse 0WTF ??
Are you drinking again with El Diego and Giselle??!
Wonderful news, I'm going to enjoy every minute of this collapse, but hey, they have a lovely new museum to visit...haha!
Jun 20th, 2014 - 07:13 am - Link - Report abuse 0Lawyer Tullio Zembo said Italians holding Argentina’s restructured debt bonds “are willing to collect anywhere” although he considered the current legal situation that has raised default fears in the South American country “extremely difficult.” my grandmother will collect anyway to
Jun 20th, 2014 - 07:31 am - Link - Report abuse 0Giselle and you had a nice chat.
Jun 20th, 2014 - 07:35 am - Link - Report abuse 0Fancy that, I did not know they produced talking sex dolls?
What does she have a string in her back or is it one of those that you have to rock from side to side.
What is her vocabulary? I suppose she says,
I love you Diego.
Your so powerful Diego.
And of course!
Time for your medication Diego.
A guy walks into a brothel and tells the hostess I want to be humiliated and she tells hin here you go put on this England football shirt !! Hahahaha
Jun 20th, 2014 - 11:35 am - Link - Report abuse 0Isn't the team so emblematic of the country - look at the team and you see the country itself manifested there in the 3 donkeys -
They Think they are a great team but it's only in their egos as reality shows they are consistent losers ,
Plodders, carthorses and Neanderthals way behind the times win their strategies and tactics only to be humiliated time after time - that's quite a good description of the country itself
Then there is all the wild speculation about how they will wine the cup , world class players, etc - but everytime they get it totally wrong - just like the gringo posters on this site - haven't a clue
Does anybody know the difference between a teabag and the England football team? A teabag stays in the cup longer - hahaha LMFHO
A country of losers and has beens
Those ridiculous idiot Ks are organizing a protest outside of the BA USA Embassy against the SCOUTS ruling.
Jun 20th, 2014 - 01:09 pm - Link - Report abuse 0What a bunch of children
Burning tires, banging drums, blocking traffic
And the Americans inside laughing at them
The whole country suffers from arrested development and mass delusions.
Lol
Jun 20th, 2014 - 01:20 pm - Link - Report abuse 0Where are you posting from now?
Your penthouse in Rio.
Your Condo in Miami.
Your villa in Mendoza.
Or
The shed at the bottom of your parents garden?
Shouldn't you be taking a board meeting somewhere or be on line to the accountants firm managing your investment portfolios?
Then again, you could be
Taking your helicopter to lunch or be down at your stables supervising the training of your string of polo ponies?
Correct me if I have missed anything.
And we are the losers.
Fill in the blanks, KNOX HXXD!
31. I bet he's posting from Scotland or Mendoza. Clearly he's Argentinian because he's delusional and living in Bizarro world.
Jun 20th, 2014 - 01:26 pm - Link - Report abuse 0The poor thing can't even lie well.
Actually El Diego gave away his sock puppeteer.
Jun 20th, 2014 - 01:31 pm - Link - Report abuse 0I don't remember that...who's this one?
Jun 20th, 2014 - 01:42 pm - Link - Report abuse 0@29
Jun 20th, 2014 - 03:08 pm - Link - Report abuse 0Very good for you El Diego ( or Dago ) Have to admit the England football team are not very good but I bet you you will get beaton by our Rugby team, now there is a sport. They do not dive ( only to score a try ) and do not crowd round and intimidate the ref. They would be in the sin bin if you answered back. Now then that is a sport not football, a bunch of namby pambys diving, they should be in swimming gala.
35. Funny you should say that, this year I had some friends that actually watched the USA match and they said why to they writhe around on the ground like they've had their liver torn out when someone barely touched them.
Jun 20th, 2014 - 03:45 pm - Link - Report abuse 0It is a game for girls.
It will never take off in the USA.
Any game that can end it a tie could never be popular here.
@36 USA are playing pretty well. I agree the rolling around the floor like jessies is a disappointing development in the game. I have two solutions.
Jun 20th, 2014 - 05:44 pm - Link - Report abuse 01) However long they roll on the floor, they must then leave the pitch and stand on the sideline for double the length of time (If they are genuinely injured they can receive treatment.
Or my favourite
2) If they roll around for longer than a minute and then jump up and carry on playing as if nothing happened they have to be tasered at the end of the game. I bet that would make the game popular in the US.
closer to default
Jun 20th, 2014 - 06:14 pm - Link - Report abuse 0further from the truth,
Argentina may well try every trick in the book of not paying,
but sooner or later something will crack.
@38
Jun 20th, 2014 - 06:51 pm - Link - Report abuse 0If Argentina says it cannot pay, does that mean that the IMF can then ask to audit their books, that would surprise them.
37. Tasered or whacked in the knee cap with a pipe.
Jun 20th, 2014 - 09:00 pm - Link - Report abuse 0Even I would probably watch then!
We are taking the Ferrari down to Leblon beach tonight and over to the Rio Governors house for dinner - Sergio is a great guy and he was so happy to see the English get sent home from Rio
Jun 20th, 2014 - 09:38 pm - Link - Report abuse 0Come join us and have a caipirinha or two with Giselle and I - No default and the 3 donkey heehaws get kicked out the world cup on their ass....what a great end to the week
Don't forget the foot pump.
Jun 20th, 2014 - 10:20 pm - Link - Report abuse 0Or are you going to engage in some foreplay first?
You know, inflate Giselle by mouth.
I should save your strength for some romance later and definitely use the foot pump.
Whilst your on the theme of donkeys, how are the polo ponies doing?
Christ! I bet they take some pumping up?????
BAHAHAHAHAHAHAHAHAHAHAHAHAHAHAHA
Jun 20th, 2014 - 11:21 pm - Link - Report abuse 0“We are taking the Ferrari down to Leblon beach tonight and over to the Rio Governors house for dinner - Sergio is a great guy and he was so happy to see the English get sent home from Rio”
God I hope Luiz knows you are coming.
Especially considering Sérgio hasn't been the governor of Rio for over two months.
Bloody Hell, you'd think if they were going to try to BS, they would at least put a little effort or research .
Jun 21st, 2014 - 12:18 am - Link - Report abuse 0What an amateur !!
Wot he means is, he's taking Rodders around the corner for Cod and six penneth.
Jun 21st, 2014 - 04:19 am - Link - Report abuse 0If he can get the van started that is?
@45
Jun 21st, 2014 - 07:28 am - Link - Report abuse 0He will probably see Castro there,“ would you like salt and vinegar ?” she shouted.Then she went on the rampage about the fish came from the FALKLANDS because it was fresh and tased excellant, not at all like the fish from Argentina.
I guess when you have made a statement that you don't care about the World Cup finals and you crave attention, you have to make up a new persona.
Jun 21st, 2014 - 08:15 am - Link - Report abuse 0I am beginning to wonder if the poster gets off on humiliation.
47. I think he's too stupid to realize he's being laughed at. Just like CFK and her minions.
Jun 21st, 2014 - 12:15 pm - Link - Report abuse 041 El Deigo
Jun 22nd, 2014 - 10:01 pm - Link - Report abuse 0Any idea what happened to Troll_with_name-changes? We miss him.
36
Jun 22nd, 2014 - 10:29 pm - Link - Report abuse 0There you go expressing your ignorance.....in the knock out stages there can be no tie it goes to penalties.....
For you information the last world cup was watched in the States by one in twenty people....
The reason why not so many Yanks watch the World cup is they have to pay for it...in most other countries you can tune in for free....I think Disney has control of the network....
Even trying to watch it online...it is blocked in the US....there are ways round it...changing your VPN with a free trial for the month would do it...
Or watch the lesser games on the Spanish network..it's free....
I will be interested to see the final figures for this world cup I bet it's more....
I tried to get some friends to go to the Argentina game at a huge sports bar in my neighborhood but nobody wanted to watch soccer.
Jun 22nd, 2014 - 11:24 pm - Link - Report abuse 0So I thought I'd go have a beer and watch the game the bar must be busy. It was a gorgeous day here and there was 1 table of Chinese tourist NOT watching the TVs so I left.
Everyone here has cable or Direct TV and ESPN is included in every package ( I think) so most people can already see it for “free”.
Its a game for young girls. I can't imagine in will ever rank comparatively higher than it already does.
Major League Soccer has the highest share of Hispanics by far (34 percent; second is the NBA at 12 percent) and the lowest income of any major sports audience. Nearly 40 percent of its fans make less than $40k.
http://www.theatlantic.com/business/archive/2014/02/which-sports-have-the-whitest-richest-oldest-fans/283626/
You are wrong you will not be able to watch the Knockout stage for free.....
Jun 22nd, 2014 - 11:34 pm - Link - Report abuse 0The Yanks just took the lead.....Go USA.....
I am wrong about what? My first hand experience I am telling you about?
Jun 22nd, 2014 - 11:52 pm - Link - Report abuse 0How can they win if its 2/2 and BTWI just looked at the scores for the games played and there are lots of ties in this world cup so I have no idea what you are talking about.
Wrong about being able to watch it just because you have cable...ESPN are carrying the group stage matches, but not the knockout and it's in Spanish...
Jun 23rd, 2014 - 12:00 am - Link - Report abuse 0In the group stages there can be ties..but not in the Knock out stage....
To be knocked out someone needs to win the match if it's a draw they have extra time and then it goes to penalties....
Anyway ...unbelievable Portugal jus equalised in the last few seconds.....2/2...end result...
I could care less. The only people I know that are watching the games are my painters.
Jun 23rd, 2014 - 12:40 am - Link - Report abuse 0The only ones.
fine...
Jun 23rd, 2014 - 12:42 am - Link - Report abuse 0http://www.nbcchicago.com/news/sports/Thousands-Gather-to-Watch-US-Portugal-World-Cup-Match-264166541.html
apart from these.....;-)
55 YB
Jun 23rd, 2014 - 03:25 am - Link - Report abuse 0I think you annoyed ThinkVoiceOver.
You know he wants to be the star of the show...
56. There are probably thousands of painters, busboys and taxi drivers in Chicago so that kind a makes sense.
Jun 23rd, 2014 - 11:45 am - Link - Report abuse 0Its on the Spanish channels in the USA as well as the sports channels.
Jun 26th, 2014 - 03:06 pm - Link - Report abuse 0However yankee you are wrong about soccer in the USA ......it is a growing sport. The Revolution plays in the Pats stadium to to decent crowd. I think you said you are from my hometown .....NYC, then you know MLS is adding a second pro team. I do not care for soccer but denying it is growing is just ignoring reality. But I will stick with NFL and NHL.....baseball and golf is like enjoying grass growing and paint drying.
Poppy,
Jun 26th, 2014 - 11:32 pm - Link - Report abuse 0I agree (especially about the “grass growing”.
Investors are finally starting to put up serious money for soccer in Canada.
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