Saturday, August 2, 2014

The tentative agreement of sync between the funds to political chess and Argentina

Is referred to as the banker of another, when established, powerful owner Jorge Brito, of Bankomakuro is, (30) J was late in the evening of Wednesday:  rotten "contract". Argentina, conversation has taken place on the last day of the period in order to avoid a second '13 debt default. By country to collect paper J de facto in the hands of the government of the country, burrito was not mention the attempt of private banks in Argentina in order to purchase the title of the debt is called "vulture funds". To become a new lender, it is possible to avoid the "default", they would ask the time in negotiations with the Argentine government to American Justia. Est Argentina "coach default" is, inslita situation today. Renegotiation 2001 and breach Apso it does not resolve the situation of 8% that was left behind, Judge Thomas Griesa of the United States, preventing the country to pay part of the debt is most lenders. Won the right to agreed to extend the discount of 70% in order to re-negotiate "Justiao, to receive the full amount," vulture fund is $ 1.3 billion. Problems December contracts, than that applied to the other to them, to prevent Argentina to make better suggestions. If you follow along, it would mean a bill of $ 120 billion, it is extended to the new conditions of all. Foreign exchange reserves of Pasno reaches a quarter of its value.  I learned at the end of Wednesday afternoon to understand the crisis of Argentina -PR contract, agreement that has been pre-sealed and the background of NML banks and Argentina According to  editor Art / Folhapress       Folha is, . Negotiations was difficult. Principle, banks to judge, they have been providing a guarantee of funds to seek more time.  While it claims to be able to wait until September, Argentina, "vulture " s and S wants a "truce" until December. Bank appeared intones proposed buy advida funded by $ 1.4 billion. Plan seemed perfect: negotiations of one between absolving, and private parties the government of responsibility. The banker of Buenos Aires, news came to the web site of a local newspaper. If you enter a smile at a press conference at the beginning of the night of the accelerator Kicillof New York, Minister of Economy, Trade and Industry, seemed as if all was resolved. It claimed that it was a default Argentina and other lenders, funds have said they pay more than provide a re-negotiation in 2010: surprised Kicillof But fear. The problem, bankers of Argentina thought it was extra time simply took the fear. Even if there is a government, which means that it was not willing to pay $ 400 million in the s in the future. Who bear in $ 1 billion difference between what you would pay in the "vultures" They. The next day, people trust burrito is empty -MOS return led the negotiating team Sebastian Para, in New York. What would have happened. Officially, I say the initiative the government does not know the bank. However, doubt, many. Was avoided this situation ", but could have been generated in the political calculations, consultant Gabriel Rubinstein, who joined the staff of the" Old Economy, Trade and Industry Minister Roberto Lover Nyah is,. SAN Martna perception entrepreneurs, consultants and bankers, "to tolerate as a savior of the motherland Buritozasse" I heard the president Cristina Kirchner. On that day, passionate speech in the courtyard of the Casa Rosada in the following default, Christina, "It looks generous as some, but when there in San Martin and with integrity and courage to tell it like so." . For the local newspaper, she, according to mandatria, burritos, call would have seen compared with soldiers who were instrumental in the independent Jos Francisco de San Martin, Argentina. Kirchner and j burrito were allies, but virtually broken ESTO. In addition, currently, bankers were prximo of former president Carlos Menem, supports the lead Srgio Massa lawmakers to vote for the presidential election next year. Also adverse consequences of the contract, it pleases the President of Argentina central bank had sewn a settlement Juan Carlos · Fbrega, with banks. According to the local bank, and rejects the advice of BC, he requests a dismissal. Known as academic, respected Fbrega, dissatisfaction Kicillof in the world of finance and business,. The Kicillof Christina, he must be convinced that "the world will ends with" and -as saying the day after the default. For the government, the impact is limited and problems, so as to be easily. Market gave a vote of confidence. Funds, follow this time a large international banks to buy the paper in the country in anticipation of the acquisition led. JP Morgan, Goldman Sachs, also Citibank and HSBC, is negotiating to buy advida of "vulture\. These banks may be able to sell the contract of that amount for the default of Argentina to the "insurance" has the prejuzo. Also, I hope the country to the international market back in order to enable the new business and financial investments megacampo GS such. However, it is not convinced that the initiative to work anyone until now. The crisis situation, serious for companies operating in the country. "J who was alive the" default "", manager of institutional relations of the chamber importer Miguel Ponce, a local says. According to him, ask the customer to pay more expensive, credit, Argentina, the view, the company dismissed. Dante Sica, consulting Abeceb. I'm telling com is, should be allowed to raise the recessoe worsening inflation, "The government underestimated the impact of the" default "" and. Christina is found in "vulture", analysts, to determine, a complete justification for the failure term ending in October next year.

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