EXCLUSIVE VIDEO: Protests outside Argentinian embassy, London

Protests have taken place across the world outside Argentinian embassies. The Commentator brings you exclusive footage of the London protests on November 8th

by The Commentator on 9 November 2012 02:26


Against a backdrop of nationalisations, debt defaults, media harrassment and attempted unconstitutional amendments to their constitution, thousands of Argentinians protested around the world on November 8th.

Dubbed the 'cacerolazos' protests after the cooking pots used to draw attention to them, the action stretched from Buenos Aires around the globe, reaching Miami, New York, London, Madrid, Paris and Rome. Argentina's La Nacion has also reported that protesters demonstrated in Sydney, Australia.

Yesterday, The Commentator visited the protests outside the Argentinian embassy and obtained exclusive footage and interviews with demonstrators who told us that they were terrified of Argentina turning into a new Venezuela.

The protestors stressed that Argentina must remain true to its constitution, that President Kirchner must not be allowed to create a life position for herself and that defaulting on their international debts has created a crisis for Argentina's economy. 

Watch the video yourself, below:

The protests come a week after Argentinian legislators passed a new measure lowering the nation's voting age from 18 to 16.

Critics have noted that the voting-age change, a year before a key mid-term election in Argentina, is an attempt by Fernandez's party to garner more votes and increase the odds that lawmakers will change the constitution to allow her re-election bid.

Reuters reports that high crime, inflation of roughly 25 percent a year, and a possible bid by government allies to reform the constitution to allow Fernandez to run for a third term are also stoking unrest, particularly among middle-class Argentines.

Concerns about Argentina's debt problems have risen after IMF chief Christine Lagarde warned Kirchner of sanctions, should the international community be less than satisfied with Argentina's economic data.

The IMF head said the fund had given Argentina a "yellow card" but it could face a red.

Earlier this week a US court ruled that Argentina must pay its creditors who still hold defaulted bonds from a decade ago. One protestor told The Commentator that until Argentina's debts were paid off, the country would lose international credibility and its exports would suffer as a result.

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