MercoPress. South Atlantic News Agency
Argentina takes its differences with Judge Griesa to the US main journals
Argentina on Sunday took its battle against paying hedge fund investors in its defaulted bonds to the US media, placing adverts in major newspapers demanding US courts help foster “fair and balanced” negotiations. Read full article
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Jun 23rd, 2014 - 04:45 am - Link - Report abuse 0Meanwhile in Argentina....
Jun 23rd, 2014 - 05:04 am - Link - Report abuse 0See above article!
Was the obscenely low rate the Vulture funds paid less than the obscenely low rate paid by Argyland to the other creditors?
Jun 23rd, 2014 - 05:26 am - Link - Report abuse 0Don't know why Argyland just doesn't pay up, it's not that much dosh.
And instead of paying its debts Argentina continues to waste the taxpayers money.
Jun 23rd, 2014 - 05:27 am - Link - Report abuse 0It wouldn't be so bad if the money was going into improving health, security or the infrastructure of Argentina but it isn't, they're paying it to foreign news agonies to publish their crap.
No wonder Tobias is so angry - all those foreigners continuing to profit from his governments incompetence.
On the other hand what can they hope to achieve? The ordinary US citizen doesn't give a 1st thought, let alone a 2nd thought about Argentina. This will have the same impact as when they published that nonsense about the Falklands in UK papers - namely NONE.
1 Nostrils
Jun 23rd, 2014 - 05:49 am - Link - Report abuse 0MEANWHILE, in ARGENTINA,
DEFAULT DEFAULT DEFAULT !!!
Nostrils,
That means
NO INVESTMENT
- no building
- no jobs
- no money
MUMMY will lose her job!
MUMMY will lose your home
to pay for food and fuel
NO HOUSE
NO INTERNET !!!
bye Nostrils
Tick tock ....
So if not paying means DEFAULT and paying means DEFAULT, guess which Argentina will choose?
Jun 23rd, 2014 - 06:10 am - Link - Report abuse 0hahaha...
Singer = no money for you
old granny in Germany/Italy = no MOREmoney to you
6Nostrils
Jun 23rd, 2014 - 06:21 am - Link - Report abuse 0MUMMY will lose her job!
MUMMY will lose your home
to pay for food and fuel
NO HOUSE
NO INTERNET !!!
bye Nostrils
Tick tock ....
Why don't you worry about enjoying the last 85 day of the United Kingdom of Great Britain?
Jun 23rd, 2014 - 06:28 am - Link - Report abuse 0@6 Tobias
Jun 23rd, 2014 - 06:28 am - Link - Report abuse 0The difference is that Argentina will need the international money markets far more than those markets need Argentina.
The question you SHOULD be asking, Tobias, is where is all of Argentina's money? Argentina should be able to pay off it's debts 100 times over, but why can't they? Where is ALL the money?
Why it's in the off-shore bank accounts of your corrupt politicians. So while you and the rest of the Argentine public get poorer and poorer, your politicians get richer and richer, and screw Argentina over and over and over.
In a democracy, Tobias, it is not only the right of the people to question their government it is the DUTY of the people to question their government. This is where Argentina falls down. You let your government get away with robbing you blind, and you don't care until it has a direct affect on you. And then you choose to blame ANYONE other than the people who put Argentina in this mess in the 1st place.
I know that you advocate complete isolation for Argentina, but that would be a disaster. You are completely depended on crops for your national income - you make nothing else - and your oil and gas exploration has stagnated because you can't get foreign investment, specialist equipment or expertise.
This leave Argentina at the whim of the weather - a bad harvest would sink Argentina. You don't produce enough gas to heat homes and make electricity for the whole country, and if you can't sell your crops overseas, you won't make enough US dollars to buy oil and gas.
Because of your governments refusal to pay its debts no one will extend Argentina any credit. I mean why should they? You break deals and treaties at a whim, in fact you sign them knowing you are going to renege on them.
It's a pity because Argentina should be a major player in the world but instead it's devolving from a developed country into anarchy.
But you'd probably prefer that - until the men with the biggest guns come and steal from you.
Nostrils
Jun 23rd, 2014 - 06:33 am - Link - Report abuse 0Scotland may indeed leave the union.
But Argentina may indeed default.
Quite funny which one you prefer to talk about.
they are so bloody stupid!
Jun 23rd, 2014 - 06:47 am - Link - Report abuse 0it is the most normal business at the stock exchange to buy and sell bonds and shares to prices offered by sellers.
they want to teach the us people how to handle bonds of bankrupt states like arg - lol!
it´s not possible to be more stupid.
wait for Mr. Griesa´s comment.
Nothing from the Argy government is a shock these days. They lost the court case, now pay up.
Jun 23rd, 2014 - 07:04 am - Link - Report abuse 0Of course Nostrils would rather talk about anything else other than the gross mismanagement of the Argy economy.
Yes Scotland is having a fair and democratic vote, just like the people of the Falkland Islands did last year.
I'll remind you that they voted 99.8% in favour of remaining a British Overseas Territory.
“ We really want to pay our debts,” but we can't because:
Jun 23rd, 2014 - 07:54 am - Link - Report abuse 01. We don't accept the ruling of Judge Griesa, who refuses to submit to us.
2. We don't have any money, except in our private accounts. Can't have that !
3. We never had any intention of paying anyone. Ha-ha-ha.
4. We want to dump that obligation on the next administration, and get away with it.
5. All of the above.
Answer anyone ?
@8
Jun 23rd, 2014 - 08:15 am - Link - Report abuse 0Cristina has certainly taught her children to deflect well hasn't she.
This is will be a glorious default and I can't wait for it, I hope the Argentine people suffer terribly for their foolishness.
When the default comes and Argentina is in turmoil, watch how the Falkland Islands cement their status in south atlantic. Franco very cleverly kept the Spanish people occupied whilst we built Gibraltar a lovely new airport. You will see a nice new port being built, oil platforms, a larger airport with lots of new destinations, many likely in South America (very likely Uruguay)
We know you are desperate to see the UK break up, but alas, the polls do not appear to indicate that this will happen, as only Argentines appear to vote for economic disaster. I personally could not care less what the Scots choose to do, but not knowing what currency you will be spending on 19/09, vastly increased taxes and a banking industry moving south, is likely to sway the vote I expect.
1. “The will of Argentina is clear: we expect a judicial decision that promotes fair and balanced negotiating conditions to resolve this protracted and difficult dispute...”
Jun 23rd, 2014 - 08:19 am - Link - Report abuse 0They already have a judicial decision. They aren't going to get another one.
2. “The vulture funds that secured a ruling in their favour are not original lenders to Argentina.”
Your fault, you should have negotiated out the novation clause then.
Putting this stuff in the papers is not going to help. People may support Argentina but they won't actually do anything to help. The next week of this rubbish should be interesting.
Welsh wizard.
Jun 23rd, 2014 - 08:33 am - Link - Report abuse 0Where do they stand with their comments on the judge and the ruling? With respect to libel, slander or contempt of court.
Surely they must be sailing close to the wind with some of their published comments?
Today, Argentina's dollar debt with private creditors amounts to only 9.5 percent of GDP. It is the lowest in the whole world.
Jun 23rd, 2014 - 08:35 am - Link - Report abuse 0Argentina clearly has the capacity to repay the debt to the holdouts and end this Default after more than a decade!
Today, the dollar debt with private creditors amounts to only 9.5 percent of GDP, against 95.3 per cent in 2002. Other countries in the region, such as Brazil, with gross debt / GDP ratio of 67.2 percent, and more Europe-Greece 179.5, 130.6 Italy, Portugal 122.3, 93.6 Britain, France 92.7, 91.8 and Germany 80.4 Spain - and the United States, with 108.1, are way up from Argentina, in the same record of the IMF in 2013 to 44 percent figure.
President Kirchner's promise of negotiations with the holdouts is a good sign to end this WAR against innocent holdouts. (it lasts already longer, than the World War I and II together)
We, the holdout creditors, who have been suffering for more than a decade, are in each case the looser and Argentina is the winner, even if Argentina would repay all of OUR money. No one of the argentine government can imagine the suffering of the tens of thousend holdout creditors and their Families.
The whole world would be very pleased, if this since 2002 ongoing NIGHTMARE-DEFAULT finally had been finished!
Under the review of Judge Griesa, Argentina and the Holdouts may come together, to end this HORROR-Default, with endless suffering for tens of thousand holdout creditors and their families worldwide.
Nostrils
Jun 23rd, 2014 - 08:36 am - Link - Report abuse 0Nobody in England cares one iota how Scotland will vote in September. In all likelihood they will vote to stay.
Its not about land...its about people.
Most of the developed world learnt this, clearly you haven't and nor has your government.
If the UK had worried about land then it wouldnt have peacefully disbanded an Empire 1/4 the surface area of the Planet.
Scotland can chose as it wishes, and England will see it done.
I am sorry these concepts are above your intellect
@18 Monkeymagic (#)
Jun 23rd, 2014 - 09:35 am - Link - Report abuse 0I think the large population of Scottish people living in England without the right to vote will care. You may have unintentionally come across as an arrogant English person. I'm sure I'm wrong. However the“ Care one Iota” you mention is a big reason behind the fat fishy named Scottish “want to be President” got the people to press for the vote in the first place. Thanks for reminding the good folk.
@16 - Difficult to tell, especially as I'm not US qualified. However, the chap who says that Grisea obviously works for the funds needs to pull his neck in a bit. In ened the, they can say what they like and accuse hium of what they want. In a country which implements the Rule of Law, judges don't really get upset with people calling them names. It's only in corruption countries where Judges get upset by this kind of mud slinging. In end, there is a ruiling and all they complaining is just going to harden the will of those people whom the ruling was in favour of...
Jun 23rd, 2014 - 09:43 am - Link - Report abuse 0Teamsters threaten 48 hour strike nationwide. Not much by way of good news to report in Argentina. Even the media there seems at last to understand the dire position the country is in.
Jun 23rd, 2014 - 10:34 am - Link - Report abuse 0They also seem to understand that CFK is only playing to the crowd when she makes defiant speeches. She knows she is beaten.
Well if CFK is short of cash she could always stop spending hard working Argentines tax dollars on fully paid trips to the Islands each month for groups of so called “war veterans” - flights and accommodation and spending cash all included, complete with brand new passports all with same date of issue they turn up with on arrival! I say “so called” as from their age, many must have been 2 or 5yrs old at the most in 1982!!
Jun 23rd, 2014 - 10:55 am - Link - Report abuse 0That would save her US$1 million a year alone!
This week Griesa will allow other holdouts to join NML in their collection efforts.
Jun 23rd, 2014 - 11:29 am - Link - Report abuse 0With little to no reserves I don't think Argentina will have any other choice but to default.
Toby is right in a sense, they won't have immediate affects from a default since they can't borrow from Int'l banks/orgs anyway.
What he can't seem to grasp is that there nothing left to steal in the country, SOY sales are just about done for the year and BCRA funds are depleted. They need U$9B to buy fuel, they have (maybe) U$6B.
Also ALL the holdouts will be able to seize Arg assets abroad not just NML. There are plenty of assets out there and they can tighten the noose every day.
Good luck trying to buy o/g or sell goods abroad.
IMF, IDB, WB, PC won't be loaning any funds either.
I've said for a long time when it goes its is going to go big and be really fun to watch.
And it is.
What was the point of that exercise? I doubt that anyone reading those newspapers gives a rat's arse about Argentina. Much like the rest of the World.
Jun 23rd, 2014 - 11:41 am - Link - Report abuse 0@19
Jun 23rd, 2014 - 12:04 pm - Link - Report abuse 0I dont really care whether it comes across as arrogant or not.
It is up to the inhabitants of Scotland to vote on whether they remain part of the Union or leave. If they want to leave, good, if they want to stay, thats good too....as an English person all I would want is to see the will of the people done.
For as long as they wish to be British we will fight for the inhabitants of the Falklands
For as long as they wish to be British we will fight for the people of Northern Ireland
For as long as they wish to British we will fight for the people of Scotland.
The moment that, by a properly controlled referendum, the people choose not to be British, we will wish them well in whatever form they wish to govern themselves.
Anyone who is emotionally attached to land where the people wish to be governed by others is on a slippery slope to being a Malvinista.
is watching this thread
Jun 23rd, 2014 - 12:23 pm - Link - Report abuse 0@25
Jun 23rd, 2014 - 12:24 pm - Link - Report abuse 0Thank god for English fighting for the other parts of the union. My goodness it feels great to be protected by the English. Wow for a second there I really did believe people who don't care if they arrogant or not are the centre of the Universe! I bet you'll break down your differences into north and south, east and west, other side of the street, or given a reason “them next door” if the union breaks down completely!
I'm British born breed and happy, the region I was born in or my parents were born in means zip. I've served in defence of the realm, even as far as the Falkland Islands and South Georgia, on a British Warship with a British Crew, helping the Falklands remain British.
There are reasons people want to break away from the union I love so much, take a look in the mirror, you may just see one of them.
Jorge Capitanich just said that SCOTUS has ulterior motives and that they think it is for the USA to steal strategic assets like , fresh water, Vaca Muerte and other minerals!!
Jun 23rd, 2014 - 12:32 pm - Link - Report abuse 0These people are as stupid as they are delusional.
They are also going to try to present another plan to Griesa.
They're doomed
and they are taking 40MM people with them
I hope they starve.
At least it gives us all another laugh at how stupid and arrogant these argies are when they think everybody thinks they are hard done to!
Jun 23rd, 2014 - 12:50 pm - Link - Report abuse 0The reality is of course the diametric opposite: nobody GAF.
Mujica in Uruguay was the first to come up with that leftist theory. The Ks have just taken Uruguay to The Hague and PP has nothing better to do than be literally the biggest ar$e licker in the world. Now not only the Gov't but also opposition media have published this and suscribe to the theory.
Jun 23rd, 2014 - 12:55 pm - Link - Report abuse 030. Next thing you'll hear is a USA sponsored coup I suppose.
Jun 23rd, 2014 - 01:28 pm - Link - Report abuse 0They have no idea NOBODY cares about Argentina.
Nobody cares if they default.
They still don't understand they lost and that Griesa's ruling stands.
31
Jun 23rd, 2014 - 01:47 pm - Link - Report abuse 0Its a matter of what it is politically correct to say now. The Ks will jump over the neck of anyone who is looking at things objectively as a traitor, vulture, anti argentine, etc in order to avoid paying the cost of assuming responsibilities.
You say Griesa will allow the rest of the holdouts joining in this week NML and thee rest of the hedge funds taking of the spoils of war. I dont know where you get your fairly first hand information from, but its clearly first hand and better quality than most Arg media. They have to default even if they are willing to pay. Now if that is the case the opposition must call for anticipated elections urgently and stop behaving like cowards and “Yes, men” of the Ks. But it seems that most of them dont know very well what is going on.
NML was one of many investment funds that hold non-performing Arg bonds. Now that the case is won they have every right to stake their claim and jump on-board.
Jun 23rd, 2014 - 02:03 pm - Link - Report abuse 0So you'll see them all staking the claim now they don't have to wait for default to get their claim recognized. They do have to wait for default to start seizing property though.
I think the real number of immediate payment is around U$3B
BCRA doesn't have it.
@28 “I hope they starve.”
Jun 23rd, 2014 - 02:22 pm - Link - Report abuse 0I hope you die, you monster.
@34
Jun 23rd, 2014 - 02:38 pm - Link - Report abuse 0For the lies the Argentines have peddled about the Falkland Islands for years and their determination to 'try' and steal their land and destroy them economically, I hope the Argentines starve too, they richly deserve what's coming to them.
If anyone is a monster it is your President and minions. Don't blame me for your suffering. I am just a giddy bystander hoping you get exactly what you deserve.
Jun 23rd, 2014 - 02:43 pm - Link - Report abuse 0@34
Jun 23rd, 2014 - 02:45 pm - Link - Report abuse 0Don't worry, ARG has food and will never starve.
OTOH, the Brits and Yanks will die. Maimed, mutilated, amputated, irradiated, and boiled. The muslim fundamentalists will not stop until they see it through.
And they deserve it for ACTUALLY stealing and destroying the lands from so many nations, Iraq just being one example but being the ultimate irony, because they two went on a war of aggression for cheap oil, now what they will get is free death and terror. Fully deserve. I hope all that's left of New York and London are one deep, empty crater.
37. You import a heck of a lot of food products for having an “abundance of food”. I think you are mistaking SOY for food.
Jun 23rd, 2014 - 02:49 pm - Link - Report abuse 0How long do you think it will take the farmers to ramp up to plant something else while the population tries to eat SOY?
Too long I expect
You can wipe the spittle off your laptop screen now little boy.
Jun 23rd, 2014 - 02:50 pm - Link - Report abuse 0I recommend you run your head under a cold tap, before you get an embolism.
Then again, having a pair of something is always a good thing.
@27
Jun 23rd, 2014 - 02:58 pm - Link - Report abuse 0How dare you blame this ridiculous referendum in Scotland on the English people, this is a mess of their own making. I might remind you that there are over 800,000 so called Scots living in England, Westminster is full of them and we have just had two Scottish Prime Ministers and two Scottish Chancellors, so which English person exactly are you trying to blame for this independence vote??
The Scottish have always been very well represented in Westminster, they are no more disenfranchised from London as someone in Cardiff, Newcastle or Manchester is.
If an English person says that they could not care less how the Scottish people vote, take it as that, we don't care, it's their decision and they will have to live with what comes after and they are very welcome to President Salmond.
Its not a matter of producing food its a matter of having the money to buy it.
Jun 23rd, 2014 - 02:59 pm - Link - Report abuse 0I dont want poor people to starve, but its only fair they must suffer and learn of the consequences of voting Peronism and promoting the violence of extreme Statism for 70 years.
I hope that what ever results of the courts of New york ends up capping on spending and borrowing by Argentina for years to come.
I dont think they can tax more because they have already taken the pressure to record levels and in basic economics Argentina has clearly crossed the Laffeer's curve peak... Ever more pressure will result in less revenue.
The only solution is to reduce the state
@37
Jun 23rd, 2014 - 03:00 pm - Link - Report abuse 0Blah blah blah. You will be begging us for food enough. Your water table in the Midwest is now fully contaminated, even your national parks are getting poisoned. California is a desert now, and you really have not much else to grow.
But I'm sure the terrorists will destroy you before that. One big crater in New York, and your country is done. You spend between 1.5-2.5 trillion for IRaq, Afghanistan, etc...
And what have you gotten? ABSOLUTELY nothing. Afghanistan is reverting to form, Iraq is becoming for more extreme.
Talk about burning your money.
When you get attacked again, you are DONE. Back in 2001 your debt was 6.1 trillion.
It will be 20 trillion in the next few years... hahaha.
What war can you wage like that?
Done.
Toby, We are the richest most powerful nation the world has ever known. That will not change in your lifetime.
Jun 23rd, 2014 - 03:08 pm - Link - Report abuse 0If CA is dry, if the Midwest is dry, if if if, we'll just buy what we want from other places. No skin off our nose. People are constantly begging to sell stuff to the USA.
The difference is we innovate and manufacture high end stuff people actually want to buy.
You don't
Never have
My guess never will
In a decade you probably won't even be able to afford the technology to be able to communicate with us.
Very very soon your family will have to choose between internet and food if they haven't already started.
You can try to deflect with whataboutery but it is just envy and childish.
Everything I've told you over the years is starting to happen. I told you to prepare. I bet you haven't.
Too bad so sad
@42 :
Jun 23rd, 2014 - 03:09 pm - Link - Report abuse 0Why would the USA beg Argentina for food?
If everything goes as you say in the USA then maybe the North Americans should just do what the Latins did to South America...Invade and take over. I'm sure Argentineans would not be such massive hypocrites to complain about the Yankees copying what they did.
Chuckle chuckle
“If everything goes as you say in the USA then maybe the North Americans should just do what the Latins did to South America...Invade and take over”
Jun 23rd, 2014 - 03:16 pm - Link - Report abuse 0And here is the British education system, in a nutshell.
Please Arabs, wipe them out.
@43
Your cars are pathetic and no one buys them they are so defective, all good televisions are from Japan, all good cell phones from Korea or Finland, all medical equipment from Denmark, all good engineering tools from Germany, all good train machinery from France or China, all good luxury goods from Italy... WTF do you produce actually that people must go to you for??
Nothing.
We export U$2.3 Billion worth of stuff annually. You're too poor to be seeing any of it though.
Jun 23rd, 2014 - 03:22 pm - Link - Report abuse 0http://www.commerce.gov/news/press-releases/2014/02/06/us-exports-reach-23-trillion-2013-set-new-record-fourth-straight-year
No, we just don't give a shit about the USA. You are irrelevant to us.
Jun 23rd, 2014 - 03:24 pm - Link - Report abuse 0Does anybody really expect CFK to accept any ruling by the SCOTUS which is not favourable to the Argentine ?? It's the same mentality that she and her cronies have adopted with regards to the Falkland Islands......they aren't interested in NEGOTIATING anything....all they want and will only accept, is a decision 100% in their favour. But let them knock their heads against the wall, let them pay for full page ads in any newspaper they want...it won't advance their unilateral interests one bit.
Jun 23rd, 2014 - 03:29 pm - Link - Report abuse 0Of course they are irrelevent, that's why you are off to NY to do some serious, serious, breathing through the ears, ass kissing!
Jun 23rd, 2014 - 03:37 pm - Link - Report abuse 0PMSL
Iraq seems to be the favourite deflection for our xenophobic Mendoza troglodyte, so let's put the record straight.
Jun 23rd, 2014 - 03:38 pm - Link - Report abuse 01. Argentina was the only Latam country to join the Coalition that invaded Iraq.
2. Argentina sent a military contingent to “fight” in the Gulf, four naval ships and an Air Force contingent to be exact.
3. By so doing Argentina was obviously in agreement with the objectives of the Coalition.
No it's no good saying as they do with the Falklands invasion: it wasn't us!
In this case the decision was taken by a democratically elected president.
As Argentina NEVER makes mistakes or will admit to them, they are also partly responsible for the events that occurred in that war.
If a CFK speech caused Griesa to be disconcerted, what mood will he be in after reading these adverts in the NY Times?
Jun 23rd, 2014 - 03:38 pm - Link - Report abuse 0Tobi your posts are so lame and stupid I feel embarrassed for you reading them. I am in your country right now and I have yet to encounter any RG who shares your POV. In fact they joke for me to take them back in my luggage. One day you will experience the reality of your country when you are allowed to travel out and compare. In the meantime......continue in your bubble you call reality.
Jun 23rd, 2014 - 03:40 pm - Link - Report abuse 0Argentina is the living movie. Idiocracy.
There has to be intelligent Argentinians somwhere ( Europe or the USA ) perhaps but not in the Government or on this site. All talking BOLLOCKS
Jun 23rd, 2014 - 03:41 pm - Link - Report abuse 0@52
Jun 23rd, 2014 - 03:47 pm - Link - Report abuse 0Your nations could be 10.000X better than Argentina in material wealth, but judging by here, the quality of the people is 100.000X worse. Which makes you all worthless and not shedding a tear for when you DIE.
The smart ones are not Peronists and the are trapped by the majority because they are poor and live on handouts and the perpetuates the system.
Jun 23rd, 2014 - 03:48 pm - Link - Report abuse 0@28 - It's just getting sillier and sillier every time they open their mouths. However, this is all just posturing to the electorate...
Jun 23rd, 2014 - 03:53 pm - Link - Report abuse 0Does Snotty have a Sunni temperament or is he a Shite?
Jun 23rd, 2014 - 03:56 pm - Link - Report abuse 0@57
Jun 23rd, 2014 - 04:13 pm - Link - Report abuse 0As long as they terrorize Euros and NorthAms, I'm both.
Suffer!
Reality of Argentina's self inflicted plight obviously makes you one angry little chica...........lololololololol.
Jun 23rd, 2014 - 04:17 pm - Link - Report abuse 0It's in the 50s here and people are dresses like an Artic expedition........what happens when it gets cold? Does the oil for for heat or electricity because you cannot afford both?
58. It is far more dangerous to walk down any street in Argentina that the like street in the USA.
Jun 23rd, 2014 - 04:17 pm - Link - Report abuse 0It is gorgeous here today with everyone out eating in parks and in sidewalk cafes.
It doesn't look like anyone is terrorized here.
@27
Jun 23rd, 2014 - 04:24 pm - Link - Report abuse 0Whether Scotland wishes to leave the Union is a matter for the inhabitants of Scotland.
If the majority wish to stay, thats great. Personally, I believe the majority (60-70%) will vote to stay, but the ballot box will decide.
If however the majority wish to leave, then it certainly not the fault of the English, who are far from “the centre of the universe” in this matter, but completely irrelevant. It is not the responsibility of the English to make the Union any more or less attractive than the status quo.
The status quo has delvered fantastic results over 300 years when we've worked together, in all walks of life.
However, if that status quo is insufficient to encourage 50% of Scotlands inhabitants to vote yes in September, oh well...good luck...its been great.
Strangely when posed a similar question last year, 99.8% of the Falkland Islanders voted “yes”. They didnt need David Cameron to have a TV debate against Alex Betts.
There is no plight in Argentina. At least not more of it than anywhere else in the region, and most of the world.
Jun 23rd, 2014 - 04:26 pm - Link - Report abuse 0The fact is you are all liars because you describe Argentina and the situation as being Niger. The exaggerations are laughable.
@ 58 so evidently a strong supporter of Carlos Menem, a first generation Syrian I presume
Jun 23rd, 2014 - 04:28 pm - Link - Report abuse 0Locked in your mommas basement suckling her milk......you are the laughable and ignorant one who has been NOWHERE in the world you foolishly talk about.
Jun 23rd, 2014 - 04:29 pm - Link - Report abuse 0The USA is not the paradise you and yankeeboy try so hard to portray here. If it was you would not feel the need to idealize it.
Jun 23rd, 2014 - 04:35 pm - Link - Report abuse 0What a bunch of morons you think I need to travel all I need is to youtube. You people are delusional.
Yeah it's a paradise there, people in beautiful clothes in green parks, no fear, plenty of food, no crime, always 20C, sunny, no terrorism, everyone has a job, pure air/water, everyone has healthcare, education... HAHAHAHA.
Instead of paying their debts the Argentine government paid double for the football tv rights in 2009 to rescue many teams from bankruptcy and win votes in the upcoming election by offering free to air.
Jun 23rd, 2014 - 04:35 pm - Link - Report abuse 0The genral public lapped it up and voted this foolish woman in for another term and now it is everbody elses fault they have to pay .
I never claimed it to be a paradise but I can choose to live anywhere in the world that I want and I choose the USA.
Jun 23rd, 2014 - 04:40 pm - Link - Report abuse 0After living in what is supposed to be the nicest country in South America I would never live anywhere but the USA.
It is far from paradise and farther from the mess in Argentina. You speak like a chica with a paper asshole. You have never been there and never will. Hell.....you have never ben out of your mommas basement.
Jun 23rd, 2014 - 04:48 pm - Link - Report abuse 0Yeah. Yeah....we all know.....and you do not want to go there. The only Argentine in Argentina that does not want to go to the USA.
The reality Argentina should be confronting is simply: if you don't want to have to deal with vulture funds...treat your creditors with respect and don't let your debt become 'distressed'.
Jun 23rd, 2014 - 05:23 pm - Link - Report abuse 0Granted, Singer et al and their antecedents all the way back to the U.S. civil war, are a cynical bunch of See You Next Tuesday'S, but that's not Griesa's fault - he's just doing his job. Argentina has had many years to come to terms, in every sense of the word, with the consequences of signing those contracts and now it's time to grow up and deal with them.
So, of course CFK throws a tantrum. I think she has a problem with accepting reality when it doesn't align with her desires. Also a problem with men, I think...
“Also a problem with men, I think...”
Jun 23rd, 2014 - 05:50 pm - Link - Report abuse 0It seems like it now that I think about it.
You know the irony is that after years of saying she will not pay anything to the vultures, then saying that she will only respect those who came into the 2005 and 2010 restructurations “who trusted Argentina”. On friday saying that they wanted to pay equally the 100% of creditors. And now just instants ago asking Griesa to cancel the Pari passu clause....LOL.
http://www.urgente24.com/228051-negociacion-con-los-buitres-el-gobierno-le-pide-a-griesa-suspender-el-pari-passu
@70
Jun 23rd, 2014 - 06:02 pm - Link - Report abuse 0I don't think consistency is her strong suit. Or accurate interpretation of legal documentation for that matter...
( She's afraid of powerful men I suspect, and that must make her very, very angry ).
Less than a week after the lifting of the stay, they are going back to ask for it to be reinstated.
Jun 23rd, 2014 - 06:16 pm - Link - Report abuse 0That they think they can get away with bullying the judge insulting him and telling him how to do his job speaks volumes about the complete lack of independence that the Justice system in Argentina has.
Jun 23rd, 2014 - 06:34 pm - Link - Report abuse 0@65 Throwing Stones...it is remarkable to listen to someone as blind as yourself, in complete denial of the current Argie reality. I was there one month ago for 10 days, to visit some friends and family, and quite frankly none of them spoke well of CFK and her cronies....not wanting to listen to only their opinions, I spoke to employees in the hotel (from cleaning staff to the concierge), to street vendors, shopkeepers, policemen, taxi drivers, waiters at the restaurants, a few old business contacts, and guess what ? they all hate CFK and the shit that she and her late husband have brought upon Argentina....the average Argentine is quite a normal fellow, who would just like to be able to work, earn a decent salary, and not have a government which throws shit at them all the time, and always blames someone else for their own f*ck-ups !! It's time you opened your eyes and stopped defending the indefensible. If you don't, it's your problem, not ours.
Jun 23rd, 2014 - 06:36 pm - Link - Report abuse 0Looks like they're setting themselves up to default and...wait for it...wait for it...so they can blame the USA.
Jun 23rd, 2014 - 06:41 pm - Link - Report abuse 0Silly crooks they think everyone is as corrupt and dumb as they are.
I wonder how many lamp posts there are in BA? Surely they'll have to double up.
She is making a speech about the economy today, ostensibly concerning the motor trade, aside from the obligatory Malvinas crap that she will come out with, I am wondering whether she is going to be able to resist making more crass remarks about extortion.
Jun 23rd, 2014 - 06:49 pm - Link - Report abuse 0I think we can certainly expect a performance for the benefit of the woodentops, who call themselves her supporters.
@76 With the current climate she will probably have a go at Uruguay also
Jun 23rd, 2014 - 07:09 pm - Link - Report abuse 0To my “Three Amigos”
Jun 23rd, 2014 - 07:11 pm - Link - Report abuse 0I can see in this thread the presence of three Anglos whose analytical capacity has, in the past, earned some degree of respect & appreciation from my side...
Would any of those Welsh, Aussie and/or English/Yorugua honorable gentlemen please raise and explain to this old humble Argentinean why it is that, if the Argentinean Financial Crisis is sooooo deep and the above mentioned Paid Argentinean Advertisement in USA's 3 most important newspapers was soooooooo silly, how comes the Financial Markets reaction today...:
1) Argentinean Debt Bonds up about 20% today (highest prices in the last 4 years :-)
2) Argentinean Stock Exchange up about 8% today (highest ever :-)
3) Argentinean Stocks in NYSE up between 5-12% today (YPF up about 6%, the highest since Re-Nationalization :-)
4) Argentina’s JP Morgan Chase’s “Country Risk” Index down about 14% today (lowest in the last 4 years :-)
5) Black market dollar down about 6% today (same price as 6 weeks ago :-)
Is the market gone crazy or………….................................................
Poor idiot child Tobias seems to think he has become the King of Argentina - he writes “We” when he is referring to poor idiot child Tobias.
Jun 23rd, 2014 - 07:13 pm - Link - Report abuse 0Oh Geez now they are asking for a mediator. You can't do that AFTER YOU”VE ALREADY LOST!
Jun 23rd, 2014 - 07:16 pm - Link - Report abuse 0Their attorneys must be losing their minds. At some point they're going to have to tell her to SFU and move on.
That letter to Griesa is an embarrassment.
I don't think he has the ability to put another stay on anyway unless the holdout want it and why would they?
@58
Jun 23rd, 2014 - 07:23 pm - Link - Report abuse 0Wow! you really are a nasty little 'man' aren't you? You actually advocate terrorism!! Good grief.
As much as I may personally dislike your government, it doesn't mean I would want to see your countrymen killed!
I'm glad you don't speak for the rest of Argentina (regardless of how much you would like to think you do), you are quite simply a repugnant racist, xenophobe. Grow up little boy, the sanctity of life is precious.
I served in the British Army, and have seen death first hand, it's not pretty, and I wouldn't wish war or terrorism on any population, and no civilised person would.
@ #78 ”explain to this old humble Argentinean why it is that, ... how comes the Financial Markets reaction today...: ... 1) to 592
Jun 23rd, 2014 - 07:25 pm - Link - Report abuse 0The implanted squatter Shrink ought to know, that the Argentinian market recovered from it's deep fall and that the blue dollar dropped 6% because the Argentine government is sending a delegation to New York to negociate with the hated holdouts, without whose help Argentina will go bankrupt and lose the much needed foreign investment to develop its natural resources.
Any normal person who has followed the events knows that.
82
Jun 23rd, 2014 - 07:35 pm - Link - Report abuse 0Give the Kirchnerist Scotsman a break... Its not that he is going to be around when thee markets and bonds come crashiing down when the country enters default
Still. Argentina is not bailing the water as fast as they are taking it on. As for think.....one cannot expect a socialist commie to understand speculative concepts of capitalism.
Jun 23rd, 2014 - 07:37 pm - Link - Report abuse 0Turnips..... Turnips as far as my eyes can see.......
Jun 23rd, 2014 - 09:21 pm - Link - Report abuse 0And no honorable Anglo gentleman in sight to clarify this old & humble Argentinean about the strangeness of following financial data....:
1) Argentinean Debt Bonds up about 20% today (HIGHEST prices in 4 years :-)
2) Argentinean Stock Exchange up about 8% today (HIGHEST EVER :-)
3) Argentinean Stocks in NYSE up between 5-12% today (YPF up about 6%, HIGHEST since Re-Nationalization two years ago :-)
4) Argentina’s JP Morgan Chase’s “Country Risk” Index down about 14% today (LOWEST in the last 4 years :-)
5) Black market dollar down about 6% today (same price as 6 weeks ago :-)
One thing is for sure whether Argentina defaults or not and pays back the money they owe or not. It won't be their fault that any of this has happened to them.
Jun 23rd, 2014 - 09:21 pm - Link - Report abuse 078 Think
Speaking of people who used to be able to string a decent argument together: look at what you've become. It's pitiful really. Nobody believes for a moment that you actually think the crap you post is true. Try and regain some integrity you silly old fool. Argentina continues to attempt to negotiate in bad faith.
Argentina must have had a decent heavy industry once.
Jun 23rd, 2014 - 09:23 pm - Link - Report abuse 0On my father's farm, we bought parts for our (Japanese)lsuzu truck that had “lndustria Argentina” stamped on them.
l mean large components, a complete differential with diff lock.
Haven't seen anything like that lately.
Paranoia, ignorance, insults and Niugini anecdotes...
Jun 23rd, 2014 - 09:42 pm - Link - Report abuse 0But still no rational explanation from any Anglo about Argieland's fresh, factual & fabulous financial data...
88. “fabulous financial data” IIm not aware did Fitch and Moody's raize the raiting of those bonds?? They decreased them after SCOTUS refused to consider the Argentina vs NML case.
Jun 23rd, 2014 - 09:48 pm - Link - Report abuse 0Do you understand that the country never left the 2002 default ?? And if they actually do by miracle leave default and returrn to capital markets those numbers will be rocket high far better than they are now??
Paranoia, ignorance, insults and Niugini anecdotes........ and the opinion of an Argie Doomsday Prepper that wants Argentina to be purged by the “Divine Providence” whilst he and his family retire to their survival bunker high up the Comechingones mountain range ...... :-)))
Jun 23rd, 2014 - 09:53 pm - Link - Report abuse 0Someone does agree with me..
Jun 23rd, 2014 - 09:58 pm - Link - Report abuse 0http://opinion.infobae.com/carlos-maslaton/2014/06/19/el-buitre-singer-y-el-juez-griesa-brindaron-un-gran-servicio-a-la-argentina/
And millions and millions disagree...
Jun 23rd, 2014 - 10:01 pm - Link - Report abuse 0@ 88 Lunatic
Jun 23rd, 2014 - 10:02 pm - Link - Report abuse 0After that post I KNOW that Lunatic is the correct tag for you.
I didn't have much more than a scintilla of doubt when I coined it. NO doubt now!
Are those millions and millions willing to pay for the decade long party??
Jun 23rd, 2014 - 10:10 pm - Link - Report abuse 0http://i.imgur.com/56SNO6U.jpg
Stop Press...
Jun 23rd, 2014 - 10:11 pm - Link - Report abuse 0JP Morgan Chase’s “Argentina Country Risk Index” just fell an additional 5,9%
http://www.ambito.com/noticia.asp?id=746436
Meanwhile back in Bumfuck, Nebraska...
Jun 23rd, 2014 - 10:14 pm - Link - Report abuse 0'Honey, heres a funny ad in today's paper..... isn't Argentia in Canada somewhere?'
Money well spent by the RG regime? Maybe not....
(96) Frank the Yank
Jun 23rd, 2014 - 10:23 pm - Link - Report abuse 0Bumfuck is in Montana, not in Nebraska, you Turnip!
Quick bucks from daytraders......nothing more. Do you see beyond your nose think?
Jun 23rd, 2014 - 10:23 pm - Link - Report abuse 0And apparently Captain Poppy lives there....
Jun 23rd, 2014 - 10:25 pm - Link - Report abuse 0Think
Jun 23rd, 2014 - 10:25 pm - Link - Report abuse 0Keep posting all that stuff and maybe someone on here will think you believe it. LOL.
Don' forget to keep updating us on those prices. Day in day out now. Don't just posts the ups without the downs. Sort of the opposite to when you only post share prices of Falkland Islands-interested hydro companies after they've dropped?
And you come on here trying to claim some moral high ground that nobody will give you an explanation for some pile of shit you've cooked up. Tell me this Think? Do you have any family and do they give you the time of day or do they just leave you sitting at your computer all fucking day and night researching and scheming pointless, attention seeking debate points that couldn't float on concrete? Sad old fool. Have a look in the mirror old man.
Credibility check anyone?
CAn somebody pinch me....
Jun 23rd, 2014 - 10:40 pm - Link - Report abuse 0for some reason i had this redunculous acid-trip that the Argentine Government had taken out a newspaper ad in the USA “demanding” that a USA court is made to change its ruling.
And this “demand”, nee “appeal” is to citizens of the USA.... by a foreign power... of their courts....
really?
Did that REALLY happen?
Some good Press from Forbes for Argentina though:
http://www.forbes.com/sites/brettarends/2014/06/20/the-shame-of-argentinas-fifa-world-cup-squad/
@ 78 @ 85 Elementary my dear Watson ... ooops Think
Jun 23rd, 2014 - 10:49 pm - Link - Report abuse 0@82 Don Alberto has already given a good asnwer.
The financial markets are hungry for some evidence, even weak, fuzzy, preliminary evidence, of a little bit of common sense coming at last from Buenos Aires, where insanity prevailed till Ke-Gaglioff 's [Elvis' for English speakers, Think doesn't need this hint because of his fluency in Italian] latest speech that earned him the great honour of and ad-hoc Griesa's order on last Friday 20 ;-)
At last abide by your obligations, behave as a civilized modern Western country in your international relations, get rid of your dumbest and most corrupt politicians and many investors will again be interested in doing lawful, long term business with Argentina and step by step Argentina will restore her long-gone dignity.
I wish that happened one day.
Hi Think. The country risk is strongly based on the idea that you know what is going to happen. I have to use it each day at work. The current situation gives us more certainty and therfore less risk as we can invest with a more informed idea of what the risks are. Risk is hardest to judge when you don't know what is around the corner. For Argentin it is now easier as we can price the risk on our models as we know what is facing the country. Understandable that this it difficult to grasp unless you work in the industry as the name is misleading. Sleep well all. Maybe tomorrow they'll ask the Pope to declare pari passu as the 8th deadly sin...
Jun 23rd, 2014 - 11:14 pm - Link - Report abuse 0Daily financial/stock prices are no idication of the true story in Argentina.
Jun 23rd, 2014 - 11:41 pm - Link - Report abuse 0As someone else pointed out earlier Think only posts when he finds the indications in his favor. You'll never see him posting when the peso drops a U$1 in a day. Only when it goes up.
Anyhoo...As I have been accurately predicting for a long long long time, Argentina lost its battle with the hedge funds. They still don't realize they lost. My guess is they'll realize this in short order.
They don't have enough BCRA funds to pay even if they wanted to (which they don't) maybe they'll take bonds but probably not. And if they do they'll need to issue enough to cover everyone including the 92% they've already been paying. So what will they have in the end, 100%+ of the GDP in debt and a failing economy.
My guess is they will default in a hissy fit when they don't get their way.
AxelK is as stupid and delusional as the rest of the creeps running the country.
The process will be default, devalue, hyperinflation, collapse. I don't see any other way for this to come out. Maybe I will be wrong but I'm not usually wrong when it comes to guess what these idiots will do.
103 Welsh Wizard
Jun 23rd, 2014 - 11:42 pm - Link - Report abuse 0Interesting post. What comes out higher in Argentina's risk matrix? The level of severity or the likelihood? Or are they both at maximum? My guess would be that the likelihood is a little higher than the severity.
The robber baron Wall St Singer must not be allowed to prevail by stealing from the poor. Singer is on of the crooks who put us through the Great Recession. He should be in gaol.
Jun 24th, 2014 - 12:30 am - Link - Report abuse 0106 Hepatia
Jun 24th, 2014 - 01:09 am - Link - Report abuse 0YOU stole from the poor - forcing the 93% to accept only 25% value on the bonds that those “Grannies” and pensioners loaned you.
ARGENTINA is ORDERED to PAY THE 93% BACK as well as the 7%.
YOU, Argentina, REFUSE to pay back ANYONE.
IF ANYONE IS CREATING MISERY, IT IS ARGENTINA.
Stop LYING!!
Markets aren't rational, so why do people assume they are?
Jun 24th, 2014 - 01:11 am - Link - Report abuse 0Anyway, nice to see that the Argentinean government's options have lately been narrowed considerably.
And that they have started I adopt more orthodox economic policies.
It's no wonder the markets are so welcoming. Imagine if this was done years ago.
@36 if you think that I, or the average Argentinian on the street deserves to starve you are just as bad as my government, and by your own logic you are responsible for even more inhuman atrocities than I, and you even SUPPORT them. It is people like you that are the reason I hate Americans (in general, there are always exceptions but most of them are like yankeeboy).
Jun 24th, 2014 - 01:25 am - Link - Report abuse 0@107
Jun 24th, 2014 - 01:29 am - Link - Report abuse 0We are the 93%. Robber barons like Singer should be paying my grandmother. She should not pay Wall St bankers like Singer anything.
My grandmother's payments are now stopped thanks to robber baron Singer. Will Singer contribute to my grandmother's expenses. No. He will evade taxes and run Wall St scams as he has always done. He should be in gaol.
Why do you shout? Is it the only way that you can get people to notice you?
106. BB. WTF is wrong with you? Bondholders are crook? Argentina borrowed money and refuses to pay it back......it is simple and black and white. You do not borrow $100 then tell your creditors you are only paying back $23.....unless you are the crook. You have a warped sense of responsibility......obviously an Argentine.
Jun 24th, 2014 - 02:06 am - Link - Report abuse 0If you cared about grandma it should disturb you that she gave them $100 and was getting $23 in return. They took grammies ass without vasoline.......if grammy actually existed that would bother you more.
Thicko at 97
Jun 24th, 2014 - 03:01 am - Link - Report abuse 0'Bumfuck is in Montana, not in Nebraska, you Turnip!'
I bow to your superior knowledge but then I bet you get a lot of misdirected mail..no?
Why is British bomber/Hepatia whining about stopped payments to this fictional grandmother.
Jun 24th, 2014 - 03:11 am - Link - Report abuse 0Argentina has defaulted yet.
Payments haven't stopped.
And it is actually East Bumfuck. But......there is a Bumfuck in West Virginia. I think he is confusing Buttfuck Argentina.
Jun 24th, 2014 - 03:35 am - Link - Report abuse 0@78 Think
Jun 24th, 2014 - 03:47 am - Link - Report abuse 0Not sure if you were addressing me, thanks for the compliment if you were.
“Is the market gone crazy...” You seem to have been responded to comprehensively, my only comment is: the best way to interpret a market ( any market ) is: who benefits? Works for me.
(102) Caro Gianluca
Jun 24th, 2014 - 04:31 am - Link - Report abuse 0You say...:
“@82 Don Alberto has already given a good asnwer.”
I say...:
Not at all... Those numbers are not just a rebound from previous falls, most of them are 3 to 4 years record hights...
(103) Welsh Wizard
Try to be a less lawyerly condescendent, pleeeeeease...
About the Pope “excomulgating” you “FinanceWizzards”...
If you were following him, you would know that he'as pretty much done that during the last weeks...
(115) Heisenbergcontext
You say...:
“Not sure if you were addressing me”
I say...:
Do you see any other Aussie gentleman around here?
You say further...:
“ You seem to have been responded to comprehensively...”
I say...:
Do you really think so...?
What I can see is a lot of people, intelligent and not, trying to wriggle out of Argentinean reality and facts to make it, somehow, fit into their very own Anglo Financial Press implanted ideas...
@110 Hepatia aka British Bomber
Jun 24th, 2014 - 05:53 am - Link - Report abuse 0“Why do you shout? Is it the only way that you can get people to notice you?”
I am shouting to add emphasis that despite your repetitive statements, they are fraudulent, and no more true now than the first time you posted.
YOU ARE A FRAUD.
You post under both “Hepatia” and “British Bomber ” in order to “implant” misinformation about the court decision.
- you are not who you say you are
- you are Hepatia
- you are not British, living in Hull
- you have no Grandma “victimised” by Singer, only the Aargh gov't.
- Payments have not stopped
- Argentina has been ordered to pay 100% of Bondholders, Singer and “Grandma's”, all at the same time, regardless of the bond values.
That should be clear for all - thanks for getting me to repeat it.
46 yankeeboy.....
Jun 24th, 2014 - 07:40 am - Link - Report abuse 0Very impressive numbers in your link. The one that caught my eye is the amount exported just to Mexico alone $226.2 billion. That number boggles the mind it's almost four times the entire GDP of Uruguay or 56% of the entire Argentine GDP for 2014. Who the hell said NAFTA was a bad idea?
“The U.S.-Mexico bilateral relationship is among our closest and most extensive in the world,” said Secretary Pritzker. “Approximately $1.4 billion of merchandise trade and one million people cross our 2,000 mile shared border DAILY, and I believe there is incredible potential for our companies to do business together and for our countries to continue to deepen our economic relationship.”
What the F@ck!!!..... HUGE numbers. BTW congrats on the US team's performance at the Word cup They had Portugal on the ropes. Good work, and I heard it was a ratings winner with ESPN's Telecast Averaging 18,22 million Viewers and Peaked with 22,961,000 viewers, plus an additional 6.5 million spicks on Univision. Go USA. For Chile we have our nemesis, Brazil to tackle this w/end.
@116 Think
Jun 24th, 2014 - 07:44 am - Link - Report abuse 0Not being privy to the precise anxieties and aspirations of those who trade on your stock-market you'll have to settle for the aforementioned 'co-responders' replies. My own comprehensive response to your initial enquiry is: “Fucked if I know”.
And you can quote me on that.
@105 - Severity at the moment would be higher as the recent ruiling makes the liklihood of default more likley.NOw people can invest knowing the a default is more likely to happen. The severity of that event though is now the harder thing to model out.
Jun 24th, 2014 - 08:21 am - Link - Report abuse 0@103 - Just explaining things for you old fruit...no need to thank me
I think it is funny that the heads of YPF, ANSES, BCRA, ENARSA, Aerolineas, etc etc etc are all putting out statements that say their assets are not attachable.
Jun 24th, 2014 - 11:22 am - Link - Report abuse 0I think they are wrong
dead wrong
As I suspected this is really fun to watch
I'm just waiting for the hissy fit from AxelK and him running out of the room crying like he did at the last IDB meeting.
Anything they own is on the table, even partnered assets. I had a partner that went chp 11 and the trustee took our assets and sold them but i got half the proceeds the other half went to the trustee......
Jun 24th, 2014 - 11:56 am - Link - Report abuse 0Nothing is beyond approach.....govrnment assets are government assets.
122. Yep and Anses does have some NYSE stocks in their portfolio. It is apparent to everyone that all of those are in effect gov't entities because she's stolen U$ from every one of them to keep the gov't afloat.
Jun 24th, 2014 - 12:00 pm - Link - Report abuse 0@122-123
Jun 24th, 2014 - 01:26 pm - Link - Report abuse 0Under English law it is all about the degree of control you have rather than actual shareholdings in companies. i.e. the court looks at the actual arrangement and how things are handled rather than what it says on paper. I would assume that it is similar under NY law. As such, the degree of actual control the government exercises over entities should mean that the NY courts say that they are attachable…no doubt about this for me
I do think that the only way the holdouts will get them is if they are on US soil.....maybe Europe and definitely not in the lawless continent of South America.
Jun 24th, 2014 - 02:37 pm - Link - Report abuse 0BTW. Where are all the trolls? Little tobi and her display of angry rants is the only one out.....and the occassional stink volley
That advert must have cost a fortune.
Jun 24th, 2014 - 05:52 pm - Link - Report abuse 0Pay up and settle your debts Argyland!
You know it makes sense.
Hmmmmmm…
Jun 24th, 2014 - 06:28 pm - Link - Report abuse 0A very quite day for Argentina in the ”Financial Markets” today…
What good news that refer to the article can we find… Let me ”Think”… Ahhhh yes...:
”Argentina takes its differences with Judge Griesa to the EU main journals.”
(The Times, the Financial Times, El País and the Frankfurter Allgemeine)
Or..:
That little Communist Argie loving company ”Accenture” just published this report about Vaca Muerta…:
http://newsroom.accenture.com/news/argentina-best-placed-to-develop-its-shale-resources-of-any-country-outside-of-north-america-says-accenture.htm
Keep the high spirits, Argie Fans…. The skies are clearing :-)))
ThinkedoverVoice
Jun 24th, 2014 - 06:36 pm - Link - Report abuse 0...eye of the storm is over BA just now, that's all
;-) Good luck.
You are a commie stink you know the markets now? You have no understanding of speculation. Maybe the UN will come to your aid like with the Falklands.......lol.
Jun 24th, 2014 - 06:44 pm - Link - Report abuse 0The businessmen in Buenos Aires do not share your naive optimism. The outer bands of the storm are arriving.
Who is writing your posts Pops.....?
Jun 24th, 2014 - 07:03 pm - Link - Report abuse 0There appears to be a style change, what's with all the ellipses and the Lols...?
They are also usually littered with spelling mistakes,
Don't tell me your wife is writing them....;-)
is most amused.
Jun 24th, 2014 - 07:20 pm - Link - Report abuse 0Where is Stevie@bedwetter.com? Too busy being Hepatia/BB ?
“ A bond payment of $900 million is due next Monday to investors who participated in two prior restructurings on the same terms in 2005 and 2010. There is a 30-day grace period before an actual default can be declared if there is no payment.
Jun 24th, 2014 - 07:23 pm - Link - Report abuse 0”If as July 30 approaches the parties have made good progress but more time is needed, and Argentina has not taken action to evade the Amended February 23 orders, Argentina and the Plaintiffs will both have a strong motivation to work out a consensual accommodation, on mutually agreeable terms,“ Robert Cohen of Dechert, lead counsel to the holdouts, said in the letter to Griesa. ”
8 minutes ago - Deutsche Welle
130 Thinkedovervoice
Jun 24th, 2014 - 07:26 pm - Link - Report abuse 0I see no style changes - you are deflecting.
However, it is very refreshing to hear Captain Poppy's first hand accounts of events in BA and his visit to the Argentine naval yard.
Are you writing for Think now ??
Anyway,
on topic - Argentina has already aired their “ differences” and have been ruled against.
End of story.
The Judge's word is final.
He will not listen to “negotiations” (wingeing and excuses) - pay up!
No skirting around his conditions.
He will not even mediate - that will be a paid professional Mediator, who is not an Officer of the Court.
Speculate and hope all you like, that's just your opinion.
Have they had any negotiation meeting yet? There's only a few days left.
Jun 24th, 2014 - 07:47 pm - Link - Report abuse 0When does the wannabe Elvis get to NYC? I wonder where he is staying? I bet they make him pay cash.
Just got 10 out of 10 on the following...:
Jun 24th, 2014 - 07:57 pm - Link - Report abuse 0http://www.cronista.com/economiapolitica/Trivia-Cuanto-sabes-de-la-pelea-entre-la-Argentina-y-los-fondos-buitre-20140624-0089.html
Wonder how many points a monolingual Anglo Turnip could get...?
It must be very hard to negotiate when you have nothing to offer.
Jun 24th, 2014 - 08:08 pm - Link - Report abuse 0Plus I think Singer and the other 40 (?) funds would love to start to seize assets.
It is kinda fun
Here's the question for you, LNG tankers wait in Int'l waters until a wire is received from Argentina. Who owns the LNG after the wire is received?
Can you answer that too Think?
I know and so do the holdouts
A month of no work and in Argentina means less stress. Plus using my SG4 has a spell checker....even on MP.
Jun 24th, 2014 - 08:11 pm - Link - Report abuse 0Yankee the next flight to NYC is at 9pm
Yeah but they say he's not part of the negotiations now.
Jun 24th, 2014 - 08:16 pm - Link - Report abuse 0Curiouser and Curiouser
Has anyone met with NML or their attorneys??
I don't think so
It doesn't look like “good faith” to me
Be careful with that S4 that's worth a 4-5 months of avg wage there.
Maybe you should retire to Argentina Pops, if it's doing you some good...
Jun 24th, 2014 - 08:25 pm - Link - Report abuse 0....I could see the difference in your posts....unlike some I could mention....
That would be pure torture. Who wants to retire somewhere that you have to look at a map everyday to see where the protests are, hire armed guards to watch your property, look at filthy streets and graffiti tagged buildings, worry about walking down the streets alone, losing electricity ALL THE TIME, losing internet when its windy, rainy or sunny, waiting in line at a gas station, wondering where there's gas if there was no line, treading carefully over broken sidewalks and streets, watching dead eyeed kids juggle for coins, being bother in restaurants by the same dead eyed kids trying to sell you pens, on and on.
Jun 24th, 2014 - 08:33 pm - Link - Report abuse 0No thanks!! I'll never live outside of the USA again.
I did retire from my first career. Mention them......you are and always will be one to focus on form over function. A kill shot will always be a kill shot to me.
Jun 24th, 2014 - 09:11 pm - Link - Report abuse 0Once a year in Argentina is enough for me. The driving is a near death experience.....too much for me.
Yankee there is so much dog shit on the streets here you would think you are walking in cow pastures.
Its just poltical face saving exercise for the Kirchnerites, after all the cobblers they have spoon fed to the masses these last 12 years. Griesa wont fall for it.
Jun 24th, 2014 - 09:25 pm - Link - Report abuse 0They have 20 billion reserves havent they, just use 1.3 billion of that, job done.
141. I know isn't it gross. The Rgs are lazy and arrogant, they think someone else should pick it up for them.
Jun 24th, 2014 - 10:16 pm - Link - Report abuse 0IT is I ruined a good pair of allen edmonds.
Jun 24th, 2014 - 10:31 pm - Link - Report abuse 0It is one of the most commented things tourists hate about BA.
Jun 24th, 2014 - 10:46 pm - Link - Report abuse 0145 YB
Jun 24th, 2014 - 11:55 pm - Link - Report abuse 0Yeah, I always watch out for two things. Dog shit and pavements with big holes in them large enough to fall into.
During my brief stop in BA some years ago I noticed the traffic was basically the same as in Rome. Aggressive, chaotic, everyone honking at you, bonus points for hitting the poor pedestrians etc.
Jun 25th, 2014 - 01:28 am - Link - Report abuse 0My favorite were the red lights - their primary function seemed to be to mark out the intersections; the color of the light was more of a suggestion from what I could see...
You are absolutely correct....no one follows rules. On ruta 11 they all get pissed to have to pay tolls so they honk horns until they allow the drivers free passage. Don't forget the city buses aiming for pedestrians on the sidewalks.
Jun 25th, 2014 - 12:55 pm - Link - Report abuse 0148. The honk because after a certain wait time BY LAW they get to go through free.
Jun 25th, 2014 - 02:29 pm - Link - Report abuse 0Nutty place.
Very......lawless
Jun 25th, 2014 - 03:06 pm - Link - Report abuse 0Commenting for this story is now closed.
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