Three weeks after the prospect of a Kirchner-Fernandez government gutted the value of the Argentine peso, current Argentine president Macri's increasingly Kirchner-esque response to the crisis has hit a new milestone (archived). The current regime has declared Argentinos may buy no more than 10,000 USD in a month and that businesses in Argentina submit their USD purchase plans to the government lest they are determined to be "hoarding" USD.
This comes after Argentina has spent 21 days actively fighting the market and exhausting its foreign currency reserves by trying to prop up the Peso Argentina's value near 60 to the USD when the market clearly understands that the Peso Argentino's value should be far lower. The remaining reserves nominally belonging to the Argentine Central Bank are encumbered as collateral for loans and almost certain to be forfeited in the coming default.
Meanwhile, publications in the Northern Argentina calling itself the US lead by Forbes had been running pieces written by Peronists explaining why Argentina can't be in as bad of a position as its behavior is forcing it into (archived). At last they had been until today when they had to admit currency controls are back.
Leftist climate stooge Franklin Foer wrote a piece in The Atlantic calling for military intervention in Brazil with the aim of usurping democratically elected President Jair Bolsonaro and seizing control of the Brazilian Amazon for an ambiguously defined "international community" (archived). Last year US-based left/Pantsuits attempted to interfere in Brazil's internal politics in the run up the the presidential election with both the New York Times and Facebook attempting to prevent Bolsonaro's democratic election.
This year, for what appear to be entirely pantsuitist political reasons, the popular media in the US and Europe have decided to panick over seasonal wildfires in the remote Amazon. European Pantsuitist leaders, citing data from Brazil's own satellites, are derailing a pending EU-Mercosur trade deal over the wildfires constituting a violation of some sort of "environmental commitments" Brazil agreed to. Other European governments including Norway's pre-emtively stopped sending Brazil aid dollars before Bolsonaro's government could attempt to mobilizing a fire fighting and containment response.
As of press time there has been no organized outrage or regime change efforts over the far more numerous wild fires currently burning in Angola under the government of João Lourenço nor the Congo under Félix Tshisekedi's government. For some reason the similarly patterned seasonal wildfires afflicting the Bolivian Amazon under the government of Evo Morales don't appear to merit calls for regime change from the "international community" either. The wildfires that routinely sweep populated areas of California including last year's Malibu blaze, where far more logistical support is available to firefighting operations than the remote Amazon, also somehow failed to produce calls for deposing the Californian government.
Primary elections in Argentina on Sunday returned results that gave the "Peronist" ticket of Alberto Fernandez and Cristina Kirchner sufficient votes to win the October general election outright if yesterday's performance is repeated. This has been met with a 14.5 percent fall of the Peso Argentino against the USD, while the brief narrowing of the buy/sell spead of the Peso Argentino in Uruguay has been blown open with exchanges in Uruguay advertising spreads as wide as 0.50/1.15 (archived). Argentina's stock market has suffered today as well.
In a development less clearly connected to Argentina's electoral/economic disaster, the twitter account of Prefectura Naval Argentina was "hacked" to broadcast an hoax alert claiming a British missile attack had killed 27. In the incredibly unlikely event a new Falklands conflict opened up again between Argentina and Queen Elizabeth's forces, the largest open question is which of the two combatants declined more in the intervening decades.
The United States Air Mobility Command has grounded 123 of the 450 planes in its C-130H and C-130J transport aircraft (archived). The official line on the grounding is that "unusual cracking" was found in the lower center wing joint. This sudden reduction in transport capacity is not a good look for the USG's operational capacity in light of its other recent failings.
Uruguay's Ministry of Exterior Relations has issued a travel advisory for Uruguayos headed to the US advising them to avoid among other things particular cities known internationally for their endemic violence including Detroit, Baltimore, and Albuquerque (archived). The advisory also discourages attending culinary, cultural, sporting events, and anywhere else large crowds gather due to the ongoing war between individual disaffected youth and the school marm bloc. The full text of the advisory is replicated below:
COMUNICADO DE PRENSA Nº 92/19
El Ministerio de Relaciones Exteriores alerta a los compatriotas que viajen a los Estados Unidos a extremar las precauciones ante la creciente violencia indiscriminada, en su mayor parte por crímenes de odio, entre los cuales el racismo y la discriminación, que costaron la vida a más de 250 personas en los primeros siete meses de este año.
Ante la imposibilidad de las autoridades de prevenir estas situaciones, debido entre otros factores, a la posesión indiscriminada de armas de fuego por la población, se aconseja especialmente evitar los lugares donde se producen grandes concentraciones de personas, como parques temáticos, centros comerciales, festivales artísticos, actividades religiosas, ferias gastronómicas y cualquier tipo de manifestaciones culturales o deportivas multitudinarias. En particular, se recomienda no concurrir con menores a esos lugares.
Asimismo, se sugiere en lo posible evitar algunas ciudades, que se encuentran entre las 20 más peligrosas del mundo, como Detroit (Michigan), Baltimore (Maryland) y Albuquerque (Nuevo México), según el índice de Ceoworld Magazine 2019.
Montevideo, 5 de agosto de 2019
Fuente: Ministerio de Relaciones Exteriores
Dirección de Prensa
Michelle Suárez, Uruguay's first trans-Senator has plead guilty to a variety of crimes relating to her legal practice including fraud and falsifying signatures of zher clients (archived). The communist former Frente Amplio Senator born in 1983 claims the titles of first trans-University graduate, first trans-lawyer, and first trans-holder of elected office in Uruguay. Zhe has been under house arrest since April 18, 2018 due to zher morbid obesity and diabetes making prison incarceration prohibitively expensive. Suárez's legal problems began shortly after zher October 2017 arrival in the Senate, a mere three months later Suárez resigned zher seat when the first forgery charges against her emerged. In the initial case zhe trans-signed a document reliquishing a father's parental and visitation rights forever. The objections of the father and the father's actual attorney lead to this ham's fall from the trough and the investigation of a number of Suárez's other frauds.
Per the plea agreement, Suárez faces another year of home detention followed by two years of probation during which zhe will be barred from public office and pursuing reinstatement of zher license to practice law.
Argentina's EDESA fucked up their transmission interlink bringing power from Paraguay's Yacyretá dam leading to a casacade of failures that caused nationwide outages in Argentina and Uruguay with partial outages in most neighboring countries (archived, archived). The outage began 7:02 local time (UTC -3) and Uruguay's national electric utility UTE had restored power to most of the country within a few hours. Service restoration in Argentina has been slower, except in Tierra del Fuego which avoided the outage with its own generation facilities and separation from the rest of Argentina's electric grid.
Paraguay, where the Yacyretá dam is located, is a massive exporter of hydroelectric generated power to the region with most of its output being bought by Brazil. Uruguay exports electricity to Argentina. Argentina is a major net importer of electricity, buying substantial amounts of power from its neighbors.
Thusly with a grave lack of political and cultural competence in the Americas, the USG regime change team and Madame Secretary Pompeo found themselves in a hard place. Instead of uniting, "the opposition" in Venezuela came to offer more than 40 parties with "leaders" claiming to be the right and legitimate president of Venezuela, if only the USG could do all of the work for them.
For the 27th consecutive week Yellow Jacket protestors in France are calling for an end to the Macron regime.
Jakarta and Indonesia at large are under a "terror alert" ahead of elections next week (archived). The published fear is that local militant groups will bomb protests after the results are announced.
The criminal organization calling itself the "United States Government" has brought violence down upon South Carolina man Amir Golestan for market making North American IPv4 blocks when ARIN, the American Registry for Internet Numbers refused to do so (archived). Unlike the numerous other brokers for IPv4 addresses in the ARIN region Golestan is facing charges because he allegedly made a paperwork mistake leading the USG to issue 20 charges of felony wire fraud, each carrying a potential 20 year prison sentence.