Thread: Argentine Economy
+
Submit Report
Results 241 to 255 of 1942
-
09-23-14 12:35 #1702
Posts: 577Argentina's Fernandez meets billionaire investor Soros in New York
Soros must know something about Argentina that the rest of the investing world does not.
http://finance.yahoo.com/news/argent...7--sector.html
Tres3.
-
09-20-14 14:39 #1701
Posts: 577USA Court tosses Argentina, Citigroup appeal in bond case
As long as CFK is in power, it appears that Argentina will continue to fight a losing battle. Meanwhile, lawyers for both sides are laughing all the way to the bank, and Argentine poverty continues to grow.
http://finance.yahoo.com/news/u-cour...6--sector.html
Tres3.
-
09-19-14 19:26 #1700
Posts: 3510Originally Posted by RetireNTrave [View Original Post]
-
09-19-14 16:29 #1699
Posts: 13Another Bloomberg Article on Argentina Poverty
http://www.bloomberg.com/news/2014-0...bank-says.html - If this article is accurate I don't understand the part about the goal of raising the percentage of those covered with health care to 50% from 28%.
I thought everyone in Argentina got health care from the government already.
-
09-19-14 13:52 #1698
Posts: 2556
Venues: 398Originally Posted by Tres3 [View Original Post]
The reality is that the holdouts have not the slightest desire to see the Argentina peso fall in value or to otherwise see the Argentine economy crash.
In fact, the holdouts would prefer to see a strong peso and a strong Argentine economy which would improve their chances of being repaid.
To say it more directly: You can't collect a debt from a dead creditor.
Thanks,
Jax.
-
09-19-14 13:09 #1697
Posts: 29Originally Posted by Tres3 [View Original Post]
-
09-19-14 11:30 #1696
Posts: 577Argentina Blames Holdouts as Black Market Peso Plunges to Record
What will CFK and her minions think of next?
http://www.bloomberg.com/news/2014-0...tml?cmpid=yhoo
Tres3.
-
09-12-14 22:27 #1695
Posts: 51Pres. Fernandez. Argentina will build the tallest building in Latin America for $300 million.
I had a good laugh reading this article about CKF's plan to build the tallest building in Latin America. This confirmed my suspicion that she's lost touch with reality?
http://abcnews.go.com/International/...lding-25415173
Argentina Plans Latin America's Tallest Building.
Argentine government says 'patriotic' tower will be Latin America's tallest building.
The Associated Press.
BUENOS AIRES, Argentina.
Argentina says it will build the tallest building in Latin America.
President Cristina Fernandez says the 1,165-foot (355-meter) tower is expected to cost around $300 million and will serve as a center for the entertainment industry, including television and movies studios "Hollywood" style.
Architectural plans released Wednesday depict it as being in the shape of Argentina's map while an outdoor stadium for 15,000 people at ground level is shaped like the map of the Falkland Islands. The British territory in the South Atlantic is claimed by Argentina, which calls it Las Malvinas.
Fernandez says the building, which will be lit in the sky-blue and white colors of the national flag, is to be constructed on state lands with private funding. It will be located on Demarchi island in southern Buenos Aires overlooking the River Plate and is planned to rise higher than the 984-foot (300-meter) Costanera Center tower nearing completion in Santiago, Chile.
The winning design for the Buenos Aires project was announced on Fernandez's Facebook page Wednesday. It comes as her government struggles with a recession, a shortage of dollars and one of the world's highest inflation rates.
The half-pipe ramp-like design of the building produced hundreds of comments on social media, including by professional skateboarder Tony Hawk. "Just after we left Argentina, they approve this skyscraper design (1200 feet tall). Coincidence?" Hawk said on his Twitter account.
Others took to social media to poke fun at the plan by posting images of King Kong on top of the building or a line graph resembling the structure that shows Argentina's spiraling inflation.
The building is expected to be completed within five years. Fernandez ends her presidential term in December 2015.
-
09-12-14 21:07 #1694
Posts: 911Originally Posted by RetireNTrave [View Original Post]
-
09-12-14 15:34 #1693
Posts: 13Fun News From Venezuela
-
The Following 2 Users Say Thank You to Retire N Trave For This Post:
-
09-12-14 13:18 #1692
Posts: 577Argentina moves to sidestep US hedge funds in debt row
It will be interesting to see how many bonds are actually converted.
http://finance.yahoo.com/news/argent...095208938.html
Tres3.
-
The Following 2 Users Say Thank You to Tres3 For This Post:
-
09-12-14 07:07 #1691
Posts: 911Originally Posted by ElAlamoPalermo [View Original Post]
-
The Following User Says Thank You to Gandolf50 For This Post:
-
09-12-14 01:37 #1690
Posts: 94I would NEVER advise anyone to hold Argentine sovereign debt (regardless of jurisdiction) OR any other assets within the borders of Argentina. The cancer is so profoundly deep in all things Argentina that it's not worth the risk or trouble. That being said, after the RUFO clause expires in January I believe the government will be obliged to negotiate a settlement with the so-called vultures because there simply will not be any money to pay for essential imports (energy, capital goods, medical supplies). I fully expect a particularly rotten summer as there is no way the government will be able to keep the electricity on in the CABA.
-
The Following User Says Thank You to ElAlamoPalermo For This Post:
-
09-11-14 23:38 #1689
Posts: 3510Comparing the relative attractiveness of Argentinian investment opportunities is a lot like trying to decide which fat American b!tch you should marry.
-
The Following 5 Users Say Thank You to Dickhead For This Post:
-
09-11-14 20:06 #1688
Posts: 911Originally Posted by Canardly [View Original Post]