MercoPress. South Atlantic News Agency
Cristina Fernandez thanks Mercosur support and again attacked Judge Griesa
President Cristina Fernández addressed fellow heads of state at the Mercosur summit in Caracas, where she thanked members of the bloc for their support over the ongoing fight with holdout investors in the New York courts and underlined that Argentina “has paid debt obligations religiously”. Read full article
Comments
Disclaimer & comment rulesSo much to say...
Jul 30th, 2014 - 07:32 am - Link - Report abuse 0My first thought when looking at the group picture was how much the economies would improve and corruption go down with one well placed hand grenade.
My second thought was OMG I've turned into “Conqueror”.
Then I read the article and find out the Drama Queen turned up 37 minutes late. Note not over 30 minutes or almost 40 minutes, but near as darn in 37 minutes. Someone must have been timing her. Very impolite of the mad cow.
So instead of trying everything to pay of the debt she was once again having a go at the Judge, smart move...NOT.
...and ck is the 11th plague - a typical arg plague.
Jul 30th, 2014 - 07:59 am - Link - Report abuse 0thank jave (or god) this plague will end in 1 year and the arg people can walk out of their prison into a commercial freedom with milk and honey.
#1
Jul 30th, 2014 - 08:03 am - Link - Report abuse 0Well, I suppose missing 37 minutes of ...
....'Squeal, squeal and squeal.'
must be counted as a teeny blessing.
@2
Jul 30th, 2014 - 08:07 am - Link - Report abuse 0I hardly think it will be milk and honey,it will take generations of Argies to get over the last 50 years, they are so rich in resources, why are they not exploiting them? Answer: ineptitude, arrogance, and of course the scourge of Latam countries CORRUPTION
CFK and Co blame everyone but themselves for their inept political and economic policies. Judgment day approaches....
Jul 30th, 2014 - 08:29 am - Link - Report abuse 0@1 Your comment reminded me of the satyrical song that included the words,
Jul 30th, 2014 - 08:58 am - Link - Report abuse 0“If I had a bomb and a plane to drop it from, I'd drop it on you, 'world' leaders,
I've had it up to here with your verbal diarrhoea, you power crazy bleeders”.
I watched a little of the Mercosur meeting online last night - I must get out more - and Dilma looked pissed off; lips pursed like a cat's arse. I recommend it for anyone having trouble sleeping, it was a snooze-fest.
@ 6 ElaineB
Jul 30th, 2014 - 10:43 am - Link - Report abuse 0Love the description of Dilma. Ha, ha, ha.
Probably because TMBOA was hogging the limelight.
Only two women but six c**ts in the picture as far as I can see.
How does purchased for $41m and want $1.6B equal 300% profit?
Jul 30th, 2014 - 11:16 am - Link - Report abuse 0@1 It is very disappointing for people to think in terms of hand grenades as a way to change things. We should abhor violence except in defence of self or others.
Jul 30th, 2014 - 11:24 am - Link - Report abuse 0However, I think it is perfectly acceptable to hope for a meteorite.
8 bestonlinenameever
Jul 30th, 2014 - 11:29 am - Link - Report abuse 0The 300% profit is if they accepted the terms of the debt swap - ie a 70% discount on the face value of the bonds - which would mathematically be roughly $547m based on these figures.
Ie a 300% profit on $41m would be a return of $164m
$547m discounted 70% = $164m
However it depends what they mean by “300% profit”
Mercosur is the most complete, dynamic and successful block of the Americas.
Jul 30th, 2014 - 12:53 pm - Link - Report abuse 0https://www.youtube.com/watch?v=Gi6prS-Vf-A
11. As long as you don't count the Pacific Alliance.
Jul 30th, 2014 - 01:37 pm - Link - Report abuse 0And your measurements are exactly opposite of what the rest of the world would deem as success.
The rest of the world would say that MercoSur is a failure. At its core it was supposed to be a free trade zone. Its not even that any longer. It is just a bunch of Marxist Monkeys lying to its people as their states fail.
Except for Paraguay of course
What is the “world”? Are you trying to give some explanation about your world? Your world is not my world!
Jul 30th, 2014 - 01:50 pm - Link - Report abuse 0Lack the most important thing for the Pacific Alliance: Internal Market! If there is no domestic market, our partners will never be economic allies, will only be competing with each other.
13. So which has the better internal markets? Venezuela, Uruguay or Argentina?
Jul 30th, 2014 - 01:58 pm - Link - Report abuse 0Bahahahahaha
I think I could get a house in Caracas for a bag of bread right now.
Brazil is a giant market! This is enough.
Jul 30th, 2014 - 02:05 pm - Link - Report abuse 015. It's not big enough at all
Jul 30th, 2014 - 02:22 pm - Link - Report abuse 0and you're entering a recession.
11% of your population lives on less than U$2/day
100MM of your population makes less than U$10/day
So they're not buying anything but the bare necessities.
Brazil is entering a recession.
So my guess is The Marxist Monkeys running your country will try to print their way into prosperity.
Then inflation will get out of control
Then they'll devalue
It is all they know.
@15
Jul 30th, 2014 - 04:52 pm - Link - Report abuse 0I agree Brazil is a giant market. Problem is you don't make anything to sell and you can't afford to import, so what happens now?
Judge Griesa has made a decision on the legal meaning of the contract (the bonds in question), something which as a Judge he is supposed to do.
Jul 30th, 2014 - 05:56 pm - Link - Report abuse 0The response of CFK & Co to a decision they do not like, is to attack the Judge and the system, then to try and garner political support from alleged allies to do what?
Bring enough political pressure to bare somewhere, which forces the Judge to change his mind.
Which won’t work in this case, but little wonder she has gotten so rich whilst running Argentina
@15 Brasileiro
A giant potential market perhaps.
Also one of the most unequal countries on the planet.
Until you even that out, all you have is a potential.
Which could easily go either way, good or bad.
Maybe Brasileiro is living in San Paulo and drinking bad water. SP is almost out so they are having to use the muck at the bottom that full of heavy metals. pollutants and viruses to keep SP with water.
Jul 30th, 2014 - 06:27 pm - Link - Report abuse 0That could explain a lot.
They better hope in rains soon.
When a country issues bonds, it benefits, as does the buyers of that debt.
Jul 30th, 2014 - 08:22 pm - Link - Report abuse 0Contract law around the world, except to the deadbeat illiterates, dictates that if you engage in borrowing, you also accept the terms of the repayment.
Most countries understand that.
Except one, or two.
@19
Jul 31st, 2014 - 12:28 am - Link - Report abuse 0Your country world joke. In that forsaken wasteland, the people who send others to war get better medicine than the ones who were sent.
No morals, and no money left, that is USA.
@21 Alistair
Jul 31st, 2014 - 08:14 pm - Link - Report abuse 0How much money have Mercosur stumped up to help Argentina avoid default?
Commenting for this story is now closed.
If you have a Facebook account, become a fan and comment on our Facebook Page!