At least half of the votes for Gref and Kudrin
Overdue to end the sanctions.
Sanctions lasted a long time on Southern Rhodesia,but look at the end result.
There was a photograph some time ago in the N.Y. Times, I think it was, showing some grains of corn having spilled to the road from the back of a passing truck, and the impoverished population by the side of the road bent over like chickens trying hungrily to pick-up every spilled grain.
Secondly, we need to stop using the condescending expression ' bad behavior' when it is directed at other countries. When you start pointing your finger at the real or imaginary faults of other countries, take a look at your hand,- three of those fingers are pointing right back at you !
Backing- and- filling occurring in the major listed Argentine banks. You should not look at these banks in
isolation.The capitalization is small,which is not necessarily a deterrent for individual investors. The banks in Chile, Peru, Colombia, Mexico indicate better times are ahead. Toss -in the approaching changes in Brazil and Venezuela,and you have a continent with some strong fundamentals , both current and future for investors and speculators.
The stock is acting sluggishly, but I prefer that no moves are made until the process is well thought-out,and no acquisitions at meteoric prices above book value.
Any purchases of shares in other companies to be limited to introductory entrances with options to increase holdings should technological developments warrant.
Let other gaming
companies fall flat on their faces. Prefer WIMHY moves cautiously . Continue to build reserves and wait for opportunities to introduce themselves.
If any executive at William Hill is reading this message, I would like to know whether William Hill is increasing its shareholder base in the U.S.of A. and maybe, its geographical distribution. Are there any plans to meet with Wall Street analysts or to make their operations better known to ETFs or global and international funds ? Has the shareholder base been increasing ?
The market is nervous after the publication of the " Panama Papers ', and the delay involving the holdouts.
However, volume in four of the companies listed in New York ( BMA,BFR,GGAL,IRS ) remains rather puny.Shares are likely to be travelling into stronger hands on these pullbacks, and exiting from weaker hands, or from those parties who have chosen to take profits from earlier months or years,since the fall elections in 2013.
Prices as of a few minutes ago ; BMA=$58.96; BFR= $18.705; GGAL= $26.15; IRS= $14.22.
ex-dividend on March 27,2016.
Argentina, Brazil, El Salvador, Bolivia,Chile, South Africa... Next one up , Turkey ?
State-sanctioned corruption experiencing less tolerance from the voting public.
In Argentina, President Obama commented on a television interview that he was a big fan of Argentine culture, having read literary giants Jorge Luis Borges and Julio Cortazar.
He once said that he was a big fan of the Chicago White Sox baseball team,but when asked about his favorite players on the CHISOX,was unable to name one.
His comments in Argentina would be more agreeable,if he mentioned D. Sarmiento,Argentina's foremost educator and President of Argentina after the American Civil War, elected while he was still ambassador to the US.A., and friend of Horace Mann and Mann's wife !Sarmient's famous book,' Life in the Argentine in the Days of the Tyrants' would have made for more instructive reading.
!He could even have noted that a statue of Sarmiento is among the statues of notables along Commonwealth Avenue in Boston. After all, our President Obama did attend Harvard College,just across the Charles River from Sarmiento's statue.
It is a little late in his administration to begin a pivot to Latin-America.
While there is nothing in the article in today's WSJ about BCS and AGRPY that an investor does not already know,it is worth a look, as Maria Ramirez is quoted in the article as opposing the fracturing of the bank.
A large and powerful European bank whose country has long traditions in the politics and development of African countries should take an interest, if it can overcome the regulatory pressures and the worrisome nature of commodity-priced economies.
If a French bank, like BNPQY or SCGLY decided to enter the bidding, it could extend the influence of French culture and democratic traditions among the 12 or so countries where AGRPY currently operates. The French government should encourage such a move on the part of one of these two French banks.
Lots of deals being made with the members of the Congress and provincial governors. The means justify the ends, although the immediate result will bring another jolt of inflation.
I believe Macri will succeed in enacting a repeal of the two laws in question,and the deep fog over the Argentine economy will be lifted. Remember,- Argentine businessmen are about the smartest anywhere,after having survived and even prospered under some of the most intractable and moronic governments imaginable,decade after decade.
In answer to your question,- Hold -on to your bank shares and real estate stocks.
BBVA Banco Frances has just declared a dividend, and others are surely going to follow,once these two laws are repealed.Outside investment will likely start to appear in considerable amounts, as a vote of confidence in Mauricio Macri.
If you are long the Turkish Stock market,you are likely to be correct.
The more authoritarian and despotic are the policies and actions of the present Turkish government, the greater is the likelihood that the opposite effect will occur in the stock market.
A similar situation has been occurring recently in Brazil, as the prosecutors move closer and closer to Rousseff and to Lula da Silva. Ditto, with Bachelet in Chile, Maduro in Venezuela.
This weekend, in Harvard Square in Cambridge, Mass., there were demonstrations by Ugandan students from neighboring universities protesting the three decade rule of the corrupt Museveni government.
All these protests, raucous and continuing, are very positive developments for a stronger judiciary and accountability of the corrupt regimes that rule over the electorate.Once these leaders are in power, they don't want to surrender to any democratic propensities.Even in Bolivia, Morales was refused a third term by the Bolivian voters.
No one can be confidently prescient in such matters,but Erdogan is playing a very dangerous game. Someone ought to remind him of the finality of the leadership in Turkey after the military coup in 1960.
Success in your trading decisions,
Investors and speculators outside Argentina will likely be joining the festivities,and driving prices of the Argentine stocks even higher.
You can see the wide swings in the prices of stocks like Banco Macro and the other banks on a daily basis.This scenario is very likely to be sustained for some time. The capitalization of the principal issues is rather puny,so for purposes of trading, don't you think it is better to approach this market of buying and selling as you would by climbing and descending a ladder ? At least this approach has been mine for the Argentine bank stocks since the provincial elections in the fall of 2013 when CFK and her political party were reprimanded at the polls.
Success in your trading,and have confidence in your judgment.