Report from Argentina

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Re: Report from Argentina

Post by admin » Sun Apr 07, 2013 10:13 pm

I am not sure which thread to even put this in (as it belongs in all of them), but this is the most recent on the wonders of Argentina:
http://www.express.co.uk/news/world/390 ... perational
There entire navy is DOA. No funding. Everything breaking down. No ammunition.

I would say this would be a great time to invade argentina, but as Powel once said, "you break it you buy it". Chile does not need the headache. In fact, I would say that is Argentina's greatest defensive weapon, and perhaps the only one. It is always such a mess, no one would want to invade it.
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Re: Report from Argentina

Post by john » Sun Apr 07, 2013 10:53 pm

Lazarus wrote:
admin wrote:I am not sure which thread to even put this in (as it belongs in all of them), but this is the most recent on the wonders of Argentina:
http://www.express.co.uk/news/world/390 ... perational
There entire navy is DOA. No funding. Everything breaking down. No ammunition.
And that article is optimistic in saying their ships "can only sail for 10 days at a time." For what I think is their only operational destroyer, another report indicates that they only have funding for 5 days at sea this year.

Then there is the phony Antarctic claim that Argentina has, and they can't even supply the 17 or so people that they have at a base on the Orcadas. No Argie icebreaker or other ice-qualified ship is operational. They're running out of fuel, food, and medicine at the base but nobody there is allowed to say how critical their situation is. And so the Argies have to contract with other folks for ships and planes, but at a price. It is costing Argentina U$S 69,000 day for leasing a supply ship, and for aircraft, U$S 9,800 an hour. The Argies tried three times with a C130 to resupply the Orcadas base and failed each time because of the winds. And the Dutch ship they had contracted ran into an iceberg. Then the Russian helicopter that was to work resupply developed engine problems and it's out of the game. Things are not looking good.
Sounds like a bargain compared with the cost to the Brits (100,000 pounds per family, per annum) to maintain their Falkland Islands colony. :wink:
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Re: Report from Argentina

Post by nwdiver » Mon Apr 08, 2013 12:19 am

admin wrote:I am not sure which thread to even put this in (as it belongs in all of them), but this is the most recent on the wonders of Argentina:
http://www.express.co.uk/news/world/390 ... perational
There entire navy is DOA. No funding. Everything breaking down. No ammunition.

I would say this would be a great time to invade argentina, but as Powel once said, "you break it you buy it". Chile does not need the headache. In fact, I would say that is Argentina's greatest defensive weapon, and perhaps the only one. It is always such a mess, no one would want to invade it.



Well...........they have their sailboat (ship) back, that doesn't need fuel, but then they probally don't know how to sail it. :D
It's all about the wine.

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Re: Report from Argentina

Post by Donnybrook » Mon Apr 08, 2013 12:29 am

john wrote:
Lazarus wrote:
admin wrote:I am not sure which thread to even put this in (as it belongs in all of them), but this is the most recent on the wonders of Argentina:
http://www.express.co.uk/news/world/390 ... perational
There entire navy is DOA. No funding. Everything breaking down. No ammunition.
And that article is optimistic in saying their ships "can only sail for 10 days at a time." For what I think is their only operational destroyer, another report indicates that they only have funding for 5 days at sea this year.

Then there is the phony Antarctic claim that Argentina has, and they can't even supply the 17 or so people that they have at a base on the Orcadas. No Argie icebreaker or other ice-qualified ship is operational. They're running out of fuel, food, and medicine at the base but nobody there is allowed to say how critical their situation is. And so the Argies have to contract with other folks for ships and planes, but at a price. It is costing Argentina U$S 69,000 day for leasing a supply ship, and for aircraft, U$S 9,800 an hour. The Argies tried three times with a C130 to resupply the Orcadas base and failed each time because of the winds. And the Dutch ship they had contracted ran into an iceberg. Then the Russian helicopter that was to work resupply developed engine problems and it's out of the game. Things are not looking good.
Sounds like a bargain compared with the cost to the Brits (100,000 pounds per family, per annum) to maintain their Falkland Islands colony. :wink:
I don't suppose anyone has considered the benefits of having the Falkland islanders invade Argentina? :wink:

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Re: Report from Argentina

Post by john » Mon Apr 08, 2013 1:07 am

Lazarus wrote:
john wrote:
Sounds like a bargain compared with the cost to the Brits (100,000 pounds per family, per annum) to maintain their Falkland Islands colony. :wink:
It's not a colony. It's an overseas territory. That's a distinction without a difference. Only the Irish and the Argies can't understand the difference. Semantics aside, the Irish know only too well that they were a British colony for almost a thousand years.

Image

When the oil starts coming in the UK will be even more pleased with their investment.
It's ironic that Thatcher was seriously considering renouncing the UK's territorial claim to the Falklands (shortly before the Falklands' war); but now that large underwater oil reserves have been discovered there, the 'self-determination for the Islanders' guise has been deftly used to prolong colonial rule.
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Re: Report from Argentina

Post by john » Wed Apr 10, 2013 7:09 pm

Lazarus wrote:john I-don't-know-what-a-colony-is will be pleased to hear the latest and most excruciatingly democratic and responsible voices sampled in Uruguay opining on their leader's frank and honest assessment of the neighbours, wherein a reported 76 percent of those surveyed support their president's arguably insulting remarks toward the Kirchners. To wit,

El 76% de los uruguayos apoya polémicos dichos de Mujica sobre los Kirchner

MONTEVIDEO.- El 76% de los uruguayos apoya los comentarios de su Presidente, José Mujica, sobre la Mandataria argentina, Cristina Fernández, y su esposo fallecido, Néstor Kirchner, que generaron una protesta de Argentina.

La empresa consultora Teresa Herrera y Asociados encuestó a 300 uruguayos residentes en Montevideo, donde vive la mitad de los 3,3 millones de habitantes del país, y el 76 % de ellos dijo estar a favor de los dichos de Mujica.

De acuerdo a los resultados de la encuesta recogida por Radio Carve el 24% de los encuestados se manifestó en contra de las expresiones del Mandatario.

Fuentes de Teresa Herrera señalaron que el mayor respaldo a las referencias de Mujica se dio entre los hombres (86 %) y algo menos entre las mujeres (68%).

La encuesta realizada durante el pasado fin de semana tiene un margen de error de +/- 5,7%.



--------------------

Meanwhile, Cristina Sum-Il, reclusive head of the hermit nation of North Argentina, has been seen peering from Glorious People's Bunker Number Four across the demilitarised trench that separates the two countries. In recent state-controlled broadcasts, the "Iron Mare" has promised to turn its neighbour into a "sea of fire" and to demonstrate its might, mostly for internal consumption, by conducting missile launches. Western observers, however, have reported that the country is too busy drying out after recent monsoon-like rains, while its ships have either sunk while moored at their piers or have otherwise become inoperative. Film at 11.
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Re: Report from Argentina

Post by nwdiver » Thu Apr 11, 2013 4:34 pm

Lazarus wrote:Ms Kirchner, highly esteemed in all corners,

The Guardian:


Argentina responds with a shrug to Thatcher funeral snub

'What do I care?' says foreign minister after Thatcher family requests that Argentina's president not be invited


The Argentinian government has broken its official silence and shrugged off news that President Cristina Fernandez de Kirchner will not be invited to the funeral of former British prime minister Margaret Thatcher.

"What do I care if I'm not invited somewhere that I wasn't planning on going?" said the foreign minister, Héctor Timerman. "It's just another provocation."

The minister reacted to the news that the Thatcher family had made a special request that Argentina's president should not be invited to the funeral.


------------

Side notes:

2000 international dignitaries have been invited to the state funeral. Not only was Argentina's president specifically identified as not welcome, but the family also asked that no Argentines be invited.

Following his recent derisive comments related to the Kirchners, Uruguay's president has not confirmed speculation that he may be planning to urinate on Cristina's grave.
In the Canadian press, it said she was planning on attending and was told to stay home. Héctor Timerman might not have wanted to go but it sounds like Queen Chrissie wanted to go to London ;)
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Re: Report from Argentina

Post by ExpatBob » Sat Apr 13, 2013 5:15 pm

Lazarus wrote:But with the new Argentine tariff increase, Uruguayan ports suddenly have become more attractive.
Wow, what a world we live in, when Uruguayan ports and customs procedures are considered not-byzantine? And to use the words "more attractive?"
Fire and brimstone coming down from the skies! Rivers and seas boiling! Forty years of darkness! Earthquakes, volcanoes... The dead rising from the grave! Human sacrifice, dogs and cats living together... mass hysteria!

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Re: Report from Argentina

Post by nwdiver » Wed Apr 17, 2013 9:50 pm

Lazarus wrote:Another significant loss in value of the Argie peso as it briefly hit over 9 ARS to the "parallel" (black market) dollar, then settled down to about 8.7

At the point at which the dollar was getting 9.05 ARS we saw the weakest peso in the history of the current Argie system. In the papers in Argentina it was being called "nuevo máximo histórico." So the black market rate was getting close to double the "official" rate, which is just over 5 ARS to the dollar.

Various things driving that panic. One is the "judicial reform" in which the Kirchner government is trying to turn the judiciary into a popularity contest. Those who wish to opine on the value of a judiciary being selected by popular vote, please sign in.

Another panic point is the likely fallout from the so-far unfavourable outcomes related to the recent court decisions against Argentina in New York, which has been bad news for the Argie bond markets. Interesting news on that front: the few US bond traders that had some Argentine bonds are reducing their exposure on that front:

"MFS Losing Faith in Argentina as Default Vultures Circle"

“Argentina’s morphing from an indexed real-money investment to an off-index hedge-fund investment because of the volatility and risk profile,” Siobhan Morden, the head of Latin America fixed-income strategy at Jefferies Group Inc., said in a telephone interview from New York. “MFS and these other bondholders are still held accountable to their own investor base and they have to limit their mark-to-market risk.”


http://www.bloomberg.com/news/2013-04-1 ... redit.html


--------------------
Add to that the recent money-laundering scandal that seems to point to the presidenta there.


Argentina circling the drain, vultures circling -- there is a certain plausible symmetry there.

"nuevo máximo histórico." my A$$,



This was much worse, of course most Argies can’t (DON’T WANT TO) remember it. I was in Chile it was a fun time to deal with Argentina.

“Austral, 1985–1991

Argentine austral

The austral replaced the peso argentino at a rate of 1 austral to 1000 pesos. During the period of circulation of the austral, Argentina suffered from hyperinflation. The last months of President Raul Alfonsín's period in office in 1989 saw prices move up constantly (200% in July alone), with a consequent fall in the value of the currency. Emergency notes of 10,000, 50,000 and 500,000 australes were issued, and provincial administrations issued their own currency for the first time in decades. The value of the currency stabilized soon after President Carlos Menem was elected.”
From Wikipedia


So class ........................... what did they do in 92? The NEW Peso............... which up and down, they have lived with until now, what can be expected? The New Austral, coming soon to a store near you. It’s a good way to get rid of inflation, eh!!!!!!
It's all about the wine.

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Re: Report from Argentina

Post by greg~judy » Fri Apr 19, 2013 8:34 am

~
fwiw - fyi...
Argentina Revolts Against Government Push To Take Control Of Judicial System
http://www.zerohedge.com/news/2013-04-1 ... ial-system
:|
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Re: Report from Argentina

Post by GJJIM » Fri Apr 26, 2013 11:52 am

Lazarus wrote:The provincial government is in a bit of a panic because petroleum production represents a large portion of their tax base. No oil production, and the province goes broke. To say nothing of downstream energy supply impacts.
Oh pshaw, this is actually the best possible news. In today's economic head shed, bad news is good, and calamity is even better. All of this points to a bailout of some form, and for the banks and the connected pols it's manna from the skies! :alien:

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Re: Report from Argentina

Post by marti » Sat Feb 07, 2015 6:26 pm

...
La mitad de eficaz. El doble de caro. El triple de complicado. Un país de cuarto.

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