MercoPress, en Español

Montevideo, March 28th 2024 - 09:09 UTC

 

 

Brazil private sector wants to help Argentina in the dispute with 'holdouts'

Friday, October 3rd 2014 - 07:36 UTC
Full article 20 comments

According to Argentina's leading and most influential financial newspaper, Ambito Financiero, Brazil, via the private sector could come to the rescue of Argentina in its ongoing dispute with the speculative funds in the New York court presided by Judge Thomas Griesa. Read full article

Comments

Disclaimer & comment rules
  • Anglotino

    What a load of bollocks.

    Honestly why would they buy the debt to then get paid less by the Argentinean government, who they don't even trust to pay.

    Singer won! Why would he sell for less than what he won?

    Oct 03rd, 2014 - 08:05 am - Link - Report abuse 0
  • Welsh Wizard

    The RG government have said that they do not recognise this debt and that they won't pay it, whomever owns it...

    Oct 03rd, 2014 - 08:16 am - Link - Report abuse 0
  • yankeeboy

    I think it is really funny that all of these stupid people think that everything will go back to normal in Jan 15 when Arg pays the holdouts.

    I will tell you right now with confidence that won't happen. 2015 will be chaos in Argentina. Absolute and utter chaos. They owe U$14B in debt, nobody is going to loan then that money and they don't have it.

    Just wait, this is merely the beginning of the collapse.

    Oct 03rd, 2014 - 09:56 am - Link - Report abuse 0
  • chronic

    The debt and the Falklands are political diversions. The real story is the fundamental economics. Commodities are no longer a path to prosperity for the producing state. Corn, soy and oil are plentiful. Supplies of each are on the uptick while demand is flat. The staggering inefficiencies of rotting roadkill coupled with the integrity deficit and lack of initiative deprive the dark land of any foreseeable production that is competitive on a world or even regional basis. To break this down even farther: Industrial rotting roadkill, petro rotting roadkill and urban consumer rotting roadkill are parasites on a moderately competitive agri rotting roadkill. Unsustainable. Multiple generations will reap this.

    Oct 03rd, 2014 - 09:57 am - Link - Report abuse 0
  • yankeeboy

    4. Spot on

    Oct 03rd, 2014 - 12:55 pm - Link - Report abuse 0
  • Pete Bog

    Good luck with that Brazil -you'll end up with being suckered into losing money to Argentina, that you won't get back

    Oct 03rd, 2014 - 01:58 pm - Link - Report abuse 0
  • owl61

    Comment removed by the editor.

    Oct 03rd, 2014 - 03:05 pm - Link - Report abuse 0
  • yankeeboy

    I think its funny the newspapers are reporting a stable “blue” $.
    Gee I wonder if that's because the newspapers, caves, little trees etc etc etc were threatened with jail and other nastiness if they reported what was really going on...

    Oct 03rd, 2014 - 03:32 pm - Link - Report abuse 0
  • Conqueror

    So Brazil wants to aid argieland. No problem. Over at least 300 years, the UK has destroyed it's enemies. France, spain, prussia, germany, russia, austria, hungary, turkey. Not even the United States could manage a defeat. Wonder if anyone's recognised 50 million, or more, British fighters could break any country.

    Oct 03rd, 2014 - 03:38 pm - Link - Report abuse 0
  • Welsh Wizard

    @8 that and also zero volume in the market

    Oct 03rd, 2014 - 03:42 pm - Link - Report abuse 0
  • Pugol-H

    @ 7 owl61
    What exactly is the point of posting in a language/script which probably no one here understands?

    An attempt to appear “clever” perhaps?

    It’s not working.

    Oct 03rd, 2014 - 03:54 pm - Link - Report abuse 0
  • Rick from Maryland

    @9

    Ah... leave us out of it... we just did the best we could to celebrate the Battle of Baltimore victory. Had some really nice Tall Ships in port for awhile...

    Not so much hoopla about Bladensberg/Washington... :-(

    Oct 03rd, 2014 - 04:18 pm - Link - Report abuse 0
  • Briton

    Brazil should offer to pay all CFKs debts if she unites with brazil

    become the united ladies of brazilier...

    Oct 03rd, 2014 - 05:51 pm - Link - Report abuse 0
  • ChrisR

    Is it me, or does Ambito Financiero look like that superb British actor Brian Cox?

    Brian Cox probably has more money than this idiot and if he hasn’t now he will have when the idiot gives it to TDC because they won’t pay it back.

    @ 7 owl61
    Your Chinese syntax is incorrect:
    Let us not forget the new friend in Argentina. Chinese people may also need a security interest in soybeans or other commodities to ensure that the purchase of debt from unmoved universe.

    Try again, better still, don't.

    Oct 03rd, 2014 - 05:58 pm - Link - Report abuse 0
  • Briton

    We are only trying to help,

    What Argentina needs to cheer them up, is this illusive Victory,

    So we have been looking at some sovereign states that you could possible win against, and thus give you this illusive Victory and thus cheer you all up,

    And then you might be more human to others, mmmm
    They are the following,
    So don’t all jump at once? waving the flags,

    Examples of include: Liechtenstein, Monaco, San Marino
    , Niue and the Federated States of Micronesia. The smallest political unit recognised as a sovereign state is Vatican

    Their you go,
    Now don’t say we don’t try to help you achieve this Victory,
    p/s
    You do understand that you have to beat them, to claim the prize…lol
    .

    Oct 03rd, 2014 - 06:13 pm - Link - Report abuse 0
  • Jack Bauer

    Marco Aurelio Garcia - one dirty, filthy communist. Whatever the lowlife says cannot be trusted. Currently, the private sector's lack of confidence in the government, and their holding back on new investments until whoever wins the election signals reforms in the right direction, are clear signs that his statements are just a lot of hot air.

    Oct 03rd, 2014 - 06:55 pm - Link - Report abuse 0
  • owl61

    @ 14..blame it on google translate -
    Let's not forget Argentina's new friend. The Chinese may want a security interest in soybeans and other commodities to support a purchase of the (entire) debt from the universe of holdouts.

    Oct 03rd, 2014 - 08:46 pm - Link - Report abuse 0
  • ilsen

    This whole thing is a complete fuckin joke

    Oct 04th, 2014 - 09:24 pm - Link - Report abuse 0
  • Hincha

    Is Marco Aurelio Garcia - the influential Brazilian oficial and
    presidential advisor -; Out of His Mind ???
    Does he really think ; that he will receive enough guarantees
    on the repayment capacity of the Argentina´s goverment ?
    And does he really trust them ?

    Oct 05th, 2014 - 09:13 pm - Link - Report abuse 0
  • golfcronie

    Presidencial Advisor??? PMSL good luck with that.

    Oct 06th, 2014 - 06:59 pm - Link - Report abuse 0
  • Jack Bauer

    @19Hincha & @20 golfcronie
    When you consider who the President is, being a presidential advisor doesn't say much....and anyway, d'you think that anybody REALLY intelligent would be able to put up with Lula 'the ignorant', and now Dilma DumboAss ???
    They are all made of the same crap .

    Oct 06th, 2014 - 10:27 pm - Link - Report abuse 0

Commenting for this story is now closed.
If you have a Facebook account, become a fan and comment on our Facebook Page!