Tagged with Argentina

Showing solidarity with those building a better world

latin-american-leaders (1)Aaron Kiely previews the Latin America ¡Adelante! Conference 2013 taking place this Saturday (7 December) at Congress House. The Latin America is now in its 9th year, and offers a unique opportunity to hear all about the latest developments in the region.

40 years ago the democratically elected left-wing President of Chile, Salvador Allende, was brutally overthrown by the forces of US imperialism in alliance with the forces of domestic reaction. Yet, today, led by countries such as Venezuela, Ecuador and Bolivia, progressive governments and social movements in Latin America are honouring his legacy by combating US intervention in the region, and showing unity through regional alliances for social justice and US domination. Continue reading →

Don’t ​(cry for me) pay up now, Argentina

“I had to let it happen
I had to change
Couldn’t stay all my life down at heel
Looking out of the window
Staying out of the sun
So I chose freedom” (lyrics – Tim Rice)

Few of our readers (we suspect) will have heard of NML Capital Ltd – a company which today is at the centre of an extraordinary and damaging New York court judgment relating to the sovereign debts of Argentina. NML Capital was founded by Republican-funder Paul Singer, of the US$19bn hedge fund Elliott Management Corporation. Here is how Fortune magazine describe Mr Singer: Continue reading →

Return to the Falklands

Riots, union bashing, privatisation, attacks on our public services – just like Tory Governments of old. Now the Coalition seems determined to emulate Thatcher in foreign policy as well.

As the thirtieth anniversary of the Falklands War approaches, the UK Government is ratcheting up the tension with Argentina. It has sent a nuclear submarine — yes, a submarine armed with nuclear warheads — to the Islands, along with a warship destroyer armed with the latest hi-tech Sea Viper aircraft. Continue reading →

Argentina/Greece: De-fault lines?

So, five of the world’s biggest central banks have decided on co-ordinated action to bail out – once again – the European private banking sector. In other words, central bankers are hoping to shore up private bankers, help them defer their losses, and prevent them being disciplined by market forces for their reckless lending to EU sovereigns.

Shareholders and investors in these banks must be delighted. Once again, reckless speculation and lending has paid off. Once again the world’s taxpayers have ridden to the rescue. Continue reading →