December 13, 2017
Monday, November 26, 2012

'We won't tolerate NML's blackmailing,' Argentina's Ambassador to US

Argentina’s Ambassador to the United States, Jorge Argüello, assured today that “Argentina will not pay the price for the financial irrationality of the North", and under no circumstances "will tolerate the vulture funds’ blackmailing.”

The diplomat also stated that “Argentina has been following the rules of the international financial system. We’ve been paying with no delays to all our creditors of the 2001 defaulted debt.”

We will not tolerate the blackmails of NML Capital “vulture” fund, which rejected a debt restructure twice.”

The harsh words of the Argentine diplomat set in Washington DC, came in response to an editorial comment published by The Chicago Tribune in which the government of Cristina Fernández de Kirchner is accused of conducting “populist economic policies” that see “a country of such great economic promise swerving off the road to prosperity again.”

Stright to the point the US newspaper bashed Fernández de Kirchner: “She restricted international trade, violated contracts and pumped out phony data to disguise the soaring inflation her policies brought about. All the while she scored cheap political points by blasting the rich countries of the north for their supposed economic imperialism.

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Tags:  Arguello  Ambaqssador  US  vulture funds  

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