viernes, 3 de agosto de 2012

! FREE FALL!

BY JACKELINE LUISI FOR SEPRIN

This was our premiere, now SEE NOTE BELOW: (Source: www.lavoz.com.ar)

Obama suspended trade benefits for exports from Argentina </ strong>

The penalty is "not acting in good faith" in two judgments of the ICSID. 11% of exports benefiting from preferences.

U.S. President Barack Obama today temporarily suspended trade benefits granted to Argentina because of unpaid more than 300 million after two separate arbitration awards in favor of two American companies (see The official note from the White House .)

In 60 days. The measure, which will take effect within 60 days, suspended Argentina's Generalized System of Preferences (GSP, for its acronym in English), exempting from import duties on thousands of products from developing countries.

"I have determined it is appropriate to suspend the designation of Argentina as a GSP beneficiary country, as it has not acted in good faith in compliance with arbitration awards in favor of U.S. companies," Obama said in a statement.

Companies Azurix Corp, based in Houston (Texas) dedicated to water supply, and Blue Ridge Investment, a subsidiary of Bank of America, expect to receive financial compensation for the measures Argentina took a decade ago.

In 2002, Azurix contract to provide water service and sewer to 72 municipalities in the province of Buenos Aires was canceled by the government of that district, the most populous of Argentina.

ICSID. ICSID, the World Bank tribunal before which claimed Azurix Argentina, condemned in 2006 the country to pay the company damages of $ 165.2 million.

Blueridge is the demand by CMS Gas Transmission Company, which is also canceled a supply contract in Argentina and turned to ICSID. The court agreed and set compensation of 133.2 million in 2005.

Compensation. The U.S. Trade Representative Ron Kirk in a statement today urged the Government of Argentina to pay the compensation in question, to reinstate the country in the program.
The payment of compensation "would allow us to consider the restoration of eligibility for the GSP Argentina and promote the growth of a relationship in trade and investment between the U.S. and Argentina mutually beneficial," said Kirk.

Washington's announcement comes a month before the Sixth Summit of the Americas, to be held in Cartagena de Indias (Colombia) and are invited both the President of Argentina, Cristina Fernández, and Obama, among other leaders.

The trade representative also noted that last year about 11 percent of all imports from Argentina, worth $ 477 million, benefited from the GSP.
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Source: www.lavoz.com.ar

COMMENT: </ strong> ARGENTINA IN FREE FALL!. WORDS WERE THE LEADER OF THE 62 GREMIAL ORGANIZATIONS OF INDEPENDENCE AVENUE TO 3000. THE MOMO VENEGAS SAID AND WE ANNOUNCE THAT OBAMA WAS VERY ANGRY FROM TIME AGO BY THE LACK OF COMMITMENT TO THE ARGENTINE GOVERNMENT ICSID.

TODAY IS HALF COVER WWW.LAVOZ.COM.AR.

FORWARD WE ARE IN TERMS OF THE NATIONAL CONGRESS IS RUNNING A MEDIA MACHINE. What NOT FUN?. AT THE END OF DECEMBER ALL LEGISLATORS ran through CFK REMOVING ORDERS LAW EVERYWHERE. NOW WORKING FULL TIME MACHINE TO MEDIA. WHAT WILL BE HAPPENING?

ON THE OTHER HAND IS STILL SPREADING BY CFK acolytes, PARLIAMENTARY REFORM. We argue that ACCORDING TO THE INFORMATION THAT MAKE GETTING HIGH SOURCES, VERY NEXT TO BALCARCE 50, NO SERIOUS INTENTIONS OF INSTALLING THE PARLIAMENTARY SYSTEM AND THE FIGURE OF THE PRIME MINISTER. IF YES: Who take over as prime minister?.

CFK ¿BE THE QUEEN?. IF THE FOREGOING IS GIVEN IN http://www.seprin.com/2012/03/25/cfk-y-la-puja-de-capitales-en-argentina/ of my own: WHO DO YOU BELONG THE REIGN OF CFK , When expressing TRANSFER OF CAPITAL OF THE BARCLAYS BANK.? QUESTION OF LANGUAGE WILL REVIEW. CLEAR IF WE DO NOT KNOW OR NEAR MIDDLE EAST ENGLAND ... WE WILL SEE, WE WILL SEE, THEN WHAT WE KNOW ... FOR NOW WE multilingual.

BALL RUN AROUND ... WE ARE EXPANDING THE CAUSES, directed at CFK STAFF VERY DIRECT. IT IS ASSUMED BY LAST TIME INFORMATION THAT MANY PEOPLE ARE ON THE VERGE OF A CRISIS OF NERVES. SURELY THAT WILL SPEED UP THE IMPORT RIVOTRIL, GIVEN THE INCREASE THAT WILL BE GIVEN IN THE APPLICATION OF THE SAME IN THE NEXT FEW DAYS.

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