Monday, February 16, 2015

Economic Terrorism and Argentina's "Vulture Funds" - Part of a US Energy War?






 Is it a coincidence that the vulture funds are putting increasing pressure on Argentina as it prepares to develop the world’s second largest shale gas reserves? Are the vultures instruments of foreign policy?

Hours after the US Embassy in Buenos Aires issued a security warning to US citizens either already inside or traveling to the South American country, Argentinian President Cristina Fernandez de Kirchner accused the US of plotting to overthrow or kill her. Speaking during a television broadcast from the Casa de Gobierno on September 30, she explained that “if something happens to me, don’t look to the Mideast, look north” to Washington, DC. She told the Argentine people not to believe anything that the US government was saying, even going as far as dismissing the ISIL/ISIS threat as a US bogeyman.

More or less, at the United Nations she was already cautiously dismissive of the ISIL threats against her when she spoke on September 24. Now, however, President Kirchner connected the dots between the diplomatic situation with Washington and the ISIL threat towards her by stating that “when you see what has been coming out of diplomatic offices, they had better not come in here and try to sell some tall tale about ISIS trying to track me down so they can kill me.”

Instead of asking what led Fernandez de Kirchner to make such accusations against the US government, the question should be what has led to the deterioration of relations and diplomatic ties between Buenos Aires and Washington.

This deterioration has two dimensions or tracks. On the surface it is tied to Argentina’s sovereign debt, its restructuring, and hedge funds in the US. On another track it is tied to petro-politics and shale gas.



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