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US insists Argentina must engage with creditors over sovereign debt dispute

Wednesday, August 20th 2014 - 02:56 UTC
Full article 42 comments

The US government reiterated on Tuesday that the International Court of Justice in The Hague “is not the appropriate venue” for addressing Argentina's debt issues and again called on the government of President Cristina Fernandez to engage with its creditors. Read full article

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  • 4n conTroll

    It is clear the USA does not respect our sovereignty, and this agression is uniting all of us Argentines behind Cristina Fernandez de Kirchner.

    Aug 20th, 2014 - 03:29 am - Link - Report abuse 0
  • Tik Tok

    Jesus you're a dick 4n conTroll, the world and all those not indoctrinated from Argentina know you are a twat. Like your Argentine leader.

    Aug 20th, 2014 - 03:39 am - Link - Report abuse 0
  • 4n conTroll

    Look I'm just defending my country.

    Aug 20th, 2014 - 03:44 am - Link - Report abuse 0
  • Tik Tok

    Country yes I understand. But your Government no.

    Aug 20th, 2014 - 03:49 am - Link - Report abuse 0
  • 4n conTroll

    Well in Argentina one is not free from the other.

    Aug 20th, 2014 - 03:55 am - Link - Report abuse 0
  • Troy Tempest

    Please don't feed the Troll.

    Where there is no controversy, he will try to create some by baiting others.

    He's an attention seeker, nothing more.
    Don't reward his actions.

    Aug 20th, 2014 - 04:04 am - Link - Report abuse 0
  • imoyaro

    @1
    “...this agression is uniting all of us Argentines behind Cristina Fernandez de Kirchner.”
    As another poster here pointed out in a different thread, current Argentine agricultural policies have enabled the US to supplant them in the world beef market, as hoof and mouth has never been dealt with completely. But that's not all. The government's hostility to the agricultural sector has forced farmers to stockpile soy, holding a valuable commodity off the market and denying income, while Paraguay and Brazil are able to “make hay while the sun doth shine” as they used to say. The oil Argentina obviously has is not being produced, and the nationalization of Repsol and other properties has seen to that. The attempts to avoid paying the bond debt is finally having an effect on importers to the tune of $4 billion, and this will undoubtedly affect manufacturing negatively (necessary parts and materials, etc.) Really, if you are NOT from Argentina, (and apparently it doesn't really matter where you are from,) Kirchnerism has been great for business. I say by all means carry on. ;)

    Aug 20th, 2014 - 04:13 am - Link - Report abuse 0
  • 313toBioBio

    Marco Rubio:Argentina is not a democracy, it's more like North Korea.
    Timerman:Marco Rubio is an extremist! he opposes equal marriage!!

    Aug 20th, 2014 - 05:43 am - Link - Report abuse 0
  • imoyaro

    The North Korea line is pretty funny. While the shortages may get that bad, there is no way the Argentine populace could ever become as regimented as the North Koreans. Admittedly, Maximo Gordo would make an excellent Kim figure, but I think a chaotic struggle between provinces like the first forty years of the republic would be more likely. ;)

    Aug 20th, 2014 - 05:52 am - Link - Report abuse 0
  • reality check

    There you go, they have been told for a SECOND time by the US State Department that they are not accepting jurisdiction.

    What know?

    Another press conference stating they have still not replied!

    Aug 20th, 2014 - 06:08 am - Link - Report abuse 0
  • Pete Bog

    “ this agression is uniting all of us Argentines behind Cristina Fernandez de Kirchner.”

    Good luck with that one, but it's not actually getting results for you is it?

    Aug 20th, 2014 - 08:14 am - Link - Report abuse 0
  • Welsh Wizard

    @1 What agression? Singer? He is just doing what Nestor and CKF used to do to other peoples homes...

    Aug 20th, 2014 - 08:50 am - Link - Report abuse 0
  • willi1

    ”...that the US government had not yet officially replied, ...“
    it is useless to reply to idiots who always repeat the same bullshit.

    Aug 20th, 2014 - 09:07 am - Link - Report abuse 0
  • Welsh Wizard

    And they are now going to change the place of paymet to BA, get rid of BoNY as the agent thus placing them in direct contempt of the US justice system...

    Aug 20th, 2014 - 09:10 am - Link - Report abuse 0
  • Mr Ed

    What are the Argentines going to do? 'Find' a 200 year old document and invade Hawaii?

    Why not pay up? The Argentine state agreed to the jurisdiction of the US Courts, end of story.

    Aug 20th, 2014 - 09:23 am - Link - Report abuse 0
  • Welsh Wizard

    They can add another few percentage points to their negative growth for the next few years. They are also in a position where the US courts just allow Singer a free hand to take what he wants as the Republic has not acted in good faith...

    Aug 20th, 2014 - 09:27 am - Link - Report abuse 0
  • Captain Poppy

    Would someone PLEEEEASE ask the stupid government of stupid Argentine if they comprehend what “Waiving Sovereign Rights” mean when they signed on the dotted line. I think their drooling got in the way of their thinking when they were handed billions and billions of U$.

    http://www.buenosairesherald.com/article/167517/cfk-announces-plan-to-remove-bony-as-agent-pay-bondholders-in-buenos-aires

    “Every Argentine knows that this government did not take out this debt,” the president fired. As for paying the bondholders through BsAs, good luck acquiring the 1000s of holders of record from BoNY.

    That is irrelevant.........continuity of government , deal with it Rgenturds.

    Aug 20th, 2014 - 09:28 am - Link - Report abuse 0
  • reality check

    They seem to be under the illusion that subsequent governments do not bear any legal responsibility for anything negotiated by their predecessors, hence they can say that it was not them that waived sovereignty, ergo it does not apply to contemporary Argentina.

    The principle of national responsibility or the concept of honouring your nations pledges seems to be above their intellect.

    Democracy is what they say it is.

    Aug 20th, 2014 - 09:37 am - Link - Report abuse 0
  • ElaineB

    “Every Argentine knows that this government did not take out this debt,”

    How does that song go? 'It wasn't me'

    I think CFK does not see herself as another President or that she represents a country. It is all about her. Nothing before her existed. She has no responsibility to the Argentine people.

    Aug 20th, 2014 - 10:18 am - Link - Report abuse 0
  • Brasileiro

    The debt payment is being done normally. The problem is that the United States government confiscated the money.

    The debt payment is being done normally. The problem is that the United States government confiscated the money.

    South America insists that the Western government handed over the money to legitimate creditors!

    Aug 20th, 2014 - 10:51 am - Link - Report abuse 0
  • Conqueror

    @18. I think we should go along with what they say. Every argie government is different, right? So, when a “government” changes, be it federal or provincial, all international treaties, agreements, contracts etc become null and void. They will then have to re-negotiate every one. This could be quite good as, prima facie, argieland would have to prove its “claim” to the Falklands over and over again. Not that it matters since the important date now is 14 June 1982. Nothing before then is relevant. Argieland would no longer be a member of any international bodies, even latin or south american ones, as the rest of the world could deny their legitimacy. Imagine them re-applying to join the UN every few years. And then re-negotiating UNCLOS. Every few years, argieland would lose all its territorial waters. And any right to “interfere” with foreign aircraft. Every few years, there would be a “window” for capital flight as argieland would have no right to interfere with foreign companies. And, timed correctly, argieland would lose billions as it exports goods and then waits, in vain, for payment. The IMF might be happy. Every few years, as a new argieland arose, it could declare that monies deposited by the previous argieland had no owner and could be seized. Anybody want to buy argie bonds when they have to mature within the life of the current “government”?
    @20 Do you think repeating yourself makes your drivel any better. This may surprise you but there is a difference between the US government and the US judiciary. South America insists? The United States says shove it up your butt. What are you going to do about it? Have you just learned that no-one can just take the US to the ICJ?

    Aug 20th, 2014 - 11:18 am - Link - Report abuse 0
  • Brasileiro

    All multilateral agencies are addicted and corrupted by the West.

    Therefore, we in the Third World are creating our own multilateral institutions. The next step is to abandon the Western institutions such as the UN, The Hague, ICJ, IMF, World Bank, OAS, etc.

    Aug 20th, 2014 - 11:32 am - Link - Report abuse 0
  • Captain Poppy

    #20 “The debt payment is being done normally. The problem is that the United States government confiscated the money. ”

    Your stupidity is not only seamless but boundless. The judiciary is not the government......like in your puppet governments that controls everything.

    Aug 20th, 2014 - 12:25 pm - Link - Report abuse 0
  • Brasileiro

    The judiciary is an integral part of the government of any country.

    “All power emanates from the people and on behalf of the people must be exercised!”

    The FED is also part of the government, even though the operative independence.

    Therefore, Mr. Ignorant, the problem is only the United States government. And nobody else!

    Aug 20th, 2014 - 12:29 pm - Link - Report abuse 0
  • Anglotino

    Hardly surprising Brasileiro has never heard of the separation of power.

    “The next step is to abandon the Western institutions such as the UN, The Hague, ICJ, IMF, World Bank, OAS, etc.”

    Well hurry up and leave already. So many whining third world citizens continually complaining about these institutions and they never damn leave.

    Aug 20th, 2014 - 01:13 pm - Link - Report abuse 0
  • Idlehands

    20 Brasileiro

    Nobody has confiscated the money. Griesa categorically stated the cash should be returned to Argentina - it has simply refused to accept it. I assume because they believe it could be seen as contradicting their narrative that the payment was made.

    Aug 20th, 2014 - 01:38 pm - Link - Report abuse 0
  • Captain Poppy

    Brassie.....you point out how stupid you are in each and every post and make others points for them. The government is the mere administrators of a countries' managerial functions. While the judiciary and legislature along with the executive (administrators) make up a country and in free countries they operate independent of one another, neither the judiciary nor legislature make up the government of a country. Do you need a lesson in what functions a government in the free world actually do?

    Aug 20th, 2014 - 01:48 pm - Link - Report abuse 0
  • 4n conTroll

    Brasileiro, don't mind the poor sods above.

    They have been brainwashed since youth that their countries are superior to the third world, and that their elected officials are incapable of corruption and theft. They also have been brought up to believe their judicial systems are pristine and that they are “free” (notice the constant abuse of “free world”).

    One can only pity them for such a monumental brainwashing job performed on them, and their intellectual incapability to rise above it.

    Aug 20th, 2014 - 03:14 pm - Link - Report abuse 0
  • Tik Tok

    4N typical bloody sad arse socialists, go on blame something else other than taking responsibility for the conduct of your woeful politicians

    Aug 20th, 2014 - 03:25 pm - Link - Report abuse 0
  • 4n conTroll

    Argentina is to blame for the fact European and US politics are full of corruption and you retarded citizens do not see, do not smell it, and outright deny it exists?

    Argentina is to blame for your broken judicial systems? (against which they rioting in the streets as I type this very sentence?)

    No, it's not Argentina's fault you first worlders are a bunch of brainwashed pigeons.

    Aug 20th, 2014 - 03:30 pm - Link - Report abuse 0
  • Tik Tok

    I doubt we could ever reach your level as extremely corrupt, ballsed up economy - no thanks, you stick in your sty piggie, pidgeons can fly away from you.

    Aug 20th, 2014 - 03:35 pm - Link - Report abuse 0
  • 4n conTroll

    @31

    It's our economy, not yours. So what's your problem with it?

    Aug 20th, 2014 - 03:44 pm - Link - Report abuse 0
  • Tik Tok

    Well if someone says to you Ben Dover and you say that's not your name you really can't see what's coming.....

    Aug 20th, 2014 - 03:54 pm - Link - Report abuse 0
  • imoyaro

    As I stated in comment 7, I have absolutely no problem at all. Pray continue. ;)

    Aug 20th, 2014 - 03:55 pm - Link - Report abuse 0
  • 4n conTroll

    Argentina has defeated the combined aggression of 217 other nations already. A first in human history.

    Whatever happens now is irrelevant. We won the game of balls.

    Aug 20th, 2014 - 03:56 pm - Link - Report abuse 0
  • imoyaro

    @35
    Correction : “We won the game of boludos.”

    Aug 20th, 2014 - 04:11 pm - Link - Report abuse 0
  • Brasileiro

    @28 4n conTroll
    You did an accurate analysis of reality.

    Aug 20th, 2014 - 04:32 pm - Link - Report abuse 0
  • Conqueror

    @35. How can you win “the game of balls” when you don't have any? The “game” isn't over, kiddikins. Why is your bitch running scared? How's your “wonderful decade” going? You know, murdering people on your decrepit rail system, continuing the genocide of the indigenes, being a laughing stock at the UN, 40% inflation, meaningless “currency”, negative “growth”, the “vultures” circling, the U.S. against you, Falkland Islands proving, daily, that you can't win. And that's without a single bit of “aggression”. Except yours. The joke that is argieland. Have you ever stood up and “fought” on your own? No, never. It's always run around and look for “help”.

    Aug 20th, 2014 - 04:47 pm - Link - Report abuse 0
  • Captain Poppy

    #33 it seems that Ben Dover has been cloned in SA because his is all over that continent.

    Aug 20th, 2014 - 05:03 pm - Link - Report abuse 0
  • Troy Tempest

    On Canadian radio news yesterday,

    “ Argentina and it's government are in trouble again, after announcing it will pay bond holders who agreed to a write-down, through Argentina's banks.
    This in defiance of a Judge's order that resulted in Argentina going into default”

    Aug 20th, 2014 - 06:40 pm - Link - Report abuse 0
  • yankeeboy

    All Argentina had to get U$ into their economy over the last decade were Tourism, Autos and Soy.
    All 3 have flipped, tourism a year or two ago
    Auto last year
    Soy this year
    Farmers are saying Corn is no longer profitable to plant and 40% of the farmers can't finance next years Soy crop.

    http://www.agriculture.com/news/crops/argentina-farmers-struggle-to-fince_2-ar44816

    Told ya.

    Aug 20th, 2014 - 07:42 pm - Link - Report abuse 0
  • Don Alberto

    @ 24 Brasileiro who writes “The judiciary is an integral part of the government of any country.”

    The poor dear knows nothing of the judiciary of a First World country and find it extremely difficult to adjust to the fact, that in the First World the court system is untouchable.

    In First World countries a judge is totally immune to any other power.

    In First World countries a judge cannot be fired unless she/he is caught red handed committing a serious crime (in which case the judge is judged by his peers and/or the supreme court), or if he is incapable of performing his duties (in which case he is dismissed by his peers with the consent of the supreme court).

    If any politician, including a president or prime minister threatens or lay pressure on a judge, the carriere of the politician in question is over, and he will be verbally butchered by the media.

    Aug 20th, 2014 - 09:24 pm - Link - Report abuse 0

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