MercoPress. South Atlantic News Agency
Argentina purchases Israeli high speed river patrol vessels to combat drugs
The vessels can speed up to 40 knots in seconds and carry two guns, a 25mm Typhoon in the bow and a 20mm Oerlikon in the stern plus two machine guns. Argentina announced the purchase of four Israeli high speed and fully armed river patrol vessels, together with an integrated vigilance system for land border crossings, with a total bill of eighty million dollars.
The administrative resolutions published in the Official Gazette make reference to the security agreements signed between Argentina and Israel.
The total cost of the fast speed patrol vessels in 49 million dollars while the Vigilance System for land border crossings is estimated in US$ 35 million.
The Shaldag ISL class patrols will be operating along the Parana river, which is one of Argentina's main entries of marihuana from central South America. They can speed up to 40 knots in seconds and carry two guns, a 25mm Typhoon in the bow and a 20mm Oerlikon in the stern plus two machine guns.
Highly versatile and with great mobility, given its small draft, the vessels can also carry a 12-men landing group for special operations.
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Read all commentsWe can use some of those out on Lake Champlain, the nasty shit is coming through Canada via Champlain and using the very accessible rt91 corridor. It seems to be unstoppable these days.....heroine that is, even in the little backwooded towns, everyone has a junkie and homeless problem, it's not just an urban problem anymore.
Jan 03rd, 2017 - 03:25 pm +1eighty million dollars.
Jan 03rd, 2017 - 06:56 pm +1does Argentina have millions of spare cash then,
obviously she does...
@B “...does Argentina have millions of spare cash then,..”
Jan 03rd, 2017 - 11:32 pm 0It's all borrowed. Recently added debt. Once Argentina settled with the big bondholders earlier this year and started getting loans again, it just couldn't stop borrowing. Even though they're paying big interest, they seem to be doing a new dollar or euro loan every week. Serious increase in debt, much of it to pay off other debt and you know how well that works.
Between April and the end of October last year I think there was nearly US$50 billion in new debt. And that's just the national government. Add to that the debt issued by the provinces and municipalities. Biggest new-debt party in Argentine history. Public debt in Argentina is now more than 54% of Gross National Product and the country remains in recession. As the AR peso loses value it's going to be harder to pay dollar and euro debt. All that talk about a big increase in the Central Bank reserves? It's all .....debt.
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