The Macri administration is ending its 20% stake in Telesur, the propaganda cable network started by Hugo Chavez:
Argentina pulls out of leftist TV network Telesur.The pro-business government said it was shut out of financial and editorial decisions and said the leftist-leaning network blacklisted alternative viewpoints
The country is leaving because it was shut out of financial and editorial decisions, said Argentinian Minister of Communication Hermann Lombardi.
“Argentina was a partner prohibited from sharing our view,” he told radio station Vorterix. “It’s an interesting South American television project, but there was no pluralism at Telesur.”
Venezuela’s dictator Nicolás Maduro threw a snit
“The same actors who disappeared 30,000 young people in Argentina are trying to disappear Telesur,” Maduro said of the conservative Argentine government that announced Sunday it would pull its nearly 20 percent stake out of the Spanish-language network.
Maduro, whose government is broke, is now stuck footing a larger share of Telesur expenses.
The Senate voted 54 to 16 to let Mr. Macri issue $12 billion in bonds and use part of that to pay $4.65 billion to the hedge funds, which had sued Argentina for not paying out on bonds they bought after the country defaulted on its debt 15 years ago.
The vote, the last domestic hurdle Mr. Macri faced in making a deal, allows Argentina to tap global credit markets for the first time since 2001.
Two good news in one day.