Sunday, February 27, 2005

acu sacó fotos

Acu sacó unas fotos memobrables para recordar dos ocasiones:

Primero vino Fede a cocinar a casa, porque tenía franco y quería presentar a Odie en sociedad.

Después Bembo se despidió en su casa (es el pelado que parece un primo de alemania).

Labels: ,

Friday, February 25, 2005


Me parece que este pibe se enamoró de Raymi, chequen su "review" de LitBlogs blogs Raymi.


Christina Aguilera got engaged on Saturday to her long time boyfriend Jordan

Aguilera said, "I just want my fans to know that even though I'm
getting married, I will still continue to be a huge whore".


Screeching to the precipice
Feb 24th 2005
From The Economist Global Agenda

Argentina appears to have persuaded most of its bondholders to accept a deeply discounted debt-restructuring offer. But the country’s financing problems will continue unless it can coax back capital stashed abroad by its citizens


Kirchner refuses to blink

WHEN Argentina started restructuring its $81 billion-plus-interest in defaulted debt last month, it was billed as the biggest game of chicken in financial history: the government vowed not to improve its offer, worth broadly 30 cents on the dollar, and bondholders promised never to accept it. Now it seems that despite their threats of lawsuits, asset seizures and collective rejection of the Argentine ultimatum, the creditors swerved practically before they got into the car.

Most analysts were predicting that at best 70% of bondholders would accept the offer, which closes on Friday February 25th. By the day before, about half the outstanding debt had been exchanged, retail investors were queuing to hand over more and some big institutional investors planned to follow suit on the last day. Most now reckon that at least 80% of creditors will participate. That looks high enough to persuade the International Monetary Fund (IMF) to bless the deal and also to trigger “exit consent” clauses in the bonds that could make them virtually illiquid for those who choose not to take part.

The success of the government’s negotiating strategy—which was not to negotiate at all but to offer a take-it-or-leave-it package instead—is a political triumph for Argentina’s president, Néstor Kirchner. As his Peronist party heads into legislative elections in the autumn, he can claim that he faced down the foreigners and won.

The foreigners have been chasing their claims since Argentina’s government stopped servicing its debt more than three years ago, on December 23rd 2001. It was the biggest sovereign default in history. Despite liberal help from the IMF, the government could not meet the punishing yields exacted by skittish investors or balance its books in the midst of a protracted recession. It devalued the peso, then decoupled it altogether from the dollar, dismantling the “convertibility system” that had killed hyperinflation a decade before. At its worst, the peso lost three-quarters of its value, wreaking havoc on the finances of banks, companies and households, which could no longer meet their dollar liabilities. But hyperinflation did not return, and after the economic meltdown of 2002, Argentina’s newly competitive exchange rate helped it grow once again.

Standard & Poor’s, a rating agency, has said that after the restructuring it will rate Argentina a B-minus debtor, a status that Ecuador did not attain for five years after its default. Foreigners will probably not want to lend to the Argentine government directly for a while after taking a 70% loss—twice the average haircut in recent sovereign defaults—and the government will still be left with a public debt equal to 80% or more of GDP. But the country’s new credit rating should increase access to capital for its best-behaved companies. Other immediate benefits include a smaller chance that lawsuits against the government will succeed and a better relationship with the IMF. The Fund might allow Argentina more time to repay the $14 billion it owes the IMF and soften the conditions that govern it.

Most important, greater confidence in Argentina (and its soaring equity markets) may bring home some of the $150 billion or so its citizens hold abroad. The return of flight capital is a practical necessity for the country to keep growing. Its galloping GDP growth, 8.8% in both 2003 and 2004, owes a lot to high soyabean prices and the use of capacity left idle by the economic collapse in 2001-02. Commodity prices have already declined from their peaks and capacity constraints are likely to be felt again this year, so fresh capital will be needed. Mr Kirchner has hardly wooed external direct investors: his government is yet to lift the freeze imposed during the crisis on rates charged by most foreign-owned utility firms. This has exacerbated worries that contracts in Argentina are not worth the paper they are printed on.

The president seems to be betting that a successful restructuring will increase domestic investment from its current level of 17% of GDP to more than 20%, enough to sustain impressive growth throughout the economic cycle. Only time will tell if the Argentines cheering his “patriotic” intransigence towards the international financial community are willing and able to shoulder the burden themselves.

Tuesday, February 22, 2005

Punta 05

Finalmente le pungié a Bryx las fotos de Punta, 2005.


Labels: , ,

Hunter S. Thompson


Monday, February 21, 2005

hackearon la agenda de Paris

Internet trata mal a Paris Hilton...

Como si no fuera poco tener un video de hora y medio online, ahora a Paris Hilton le hackearon el Sidekick.

Eso incluye fotos de ella con sus amiguitas, sus notas personales y agendacompleta. Revisen sus contactos, está el teléfono y/o email de Eminem, Lindsay Lohan, Christina Aguilera, Andy Roddick, Ashlee Simpson, Victoria Gotti, Vin Diesel y Anna Kournikova, entre otros.

Labels: , ,

Sunday, February 20, 2005


Tuesday, February 15, 2005

maurito a ecuador

» Último y anunciado fichaje de la Universidad Católica no se hará efectivo…
Sello Catolica

Lamentablemente, el fichaje del último y anunciado refuerzo para la Universidad Católica de Quito no se producirá y este no arribará hasta la Capital para unirse a los trabajos de la institución.


Finalmente, el gran volante de armado colombiano, Arley Betancourt, que era anunciado como el nuevo refuerzo para la Universidad Católica de Quito, para su lucha por el ascenso a mitad de año a la serie A, no llegará al país.

Esto se da en virtud de una fuerte lesión en una de las rodillas del jugador y que no ha sido tratada adecuadamente, por lo que su contratación no brindaría las garantías del caso en cuanto a su estado físico.

Por esta razón, al dirigencia del elenco del Trencito Azul, ya ha puesto la mira en el fútbol argentino, en donde se estaría a un paso de conseguir los servicios de otro importante volante de creación.


fotos del dpto

así se ve el patio de mi edificio desde el puentecito del departamento:

a flopy le gusta fumar, y lo hace en el living. como corresponde.

acá estoy yo, haciendo face antes de irme de vacaciones, al lado de la ventana del living.

gracias big head por las pics. denle click ahí para ver el blog del brother.

Labels: , ,

Monday, February 14, 2005


andy & momias: