ARA Espora (P-41)
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ARA Espora (P-41)
ARA ''Espora'' (P-41) is the lead ship of the MEKO 140A16 of six corvettes built for the Argentine Navy. Commissioned in 1985, she is used for fishery patrol. She is homeported at Puerto Belgrano Naval Base and is part of the Navy's 2nd Corvette Division with her five sister ships. The ship is the sixth ship to bear the name of Colonel (Navy) Tomás Espora, who fought in the Argentine Navy during the Cisplatine War. Generator failure left her stranded in South Africa for 73 days in late 2012. Construction ''Espora'' and her sister ships were part of the 1974 Naval Constructions National Plan, an initiative by the Argentine Navy to replace old World War II-vintage ships with more advanced warships. The original plan called for six MEKO 360H2 destroyers, four of them to be built in Argentina, but the plan was later modified to include four MEKO destroyers and six corvettes for anti-surface warfare and patrol operations. ''Espora'' was built at the Río Santiago Shipyard ...
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Río Santiago Shipyard
The Rio Santiago Shipyard is a shipyard located in the city of Ensenada, Buenos Aires Province at the shores of the Santiago River. Currently owned by the Government of Buenos Aires Province, it has been one of the major active and important shipyards in Latin America. Founded in 1953, it has realized diverse functions in the naval, industrial and railroad sectors. In its golden age the shipyard reached 8,000 workers on double shift. In 2008 relies on 2,700 workers. The most famous work was the construction, in 1962, of the Fragata Libertad. In 1966 this vessel obtained the world speed record in sailing on its voyage across the North Atlantic, covering a distance of in 8 days and 12 hours. The race began in Cape Race, Canada and ended at an imaginary line set between Dublin and Liverpool. Organization It has a Technical management staff that operates by departments which manage the different areas of work, such as preparing ships, armament, electricity, planning of water ...
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Cisplatine War
The Cisplatine War (), also known as the Argentine-Brazilian War () or, in Argentine and Uruguayan historiography, as the Brazil War (''Guerra del Brasil''), the War against the Empire of Brazil (''Guerra contra el Imperio del Brasil'') or the Liberating Crusade (''Cruzada Libertadora'') in Uruguay, was an armed conflict in the 1820s between the United Provinces of the Río de la Plata and the Empire of Brazil over Brazil's Cisplatina province, in the aftermath of the United Provinces' and Brazil's independence from Spain and Portugal. It resulted in the independence of Cisplatina as the Oriental Republic of Uruguay. Background Led by José Gervasio Artigas, the region known as the Banda Oriental, in the Río de la Plata Basin, revolted against Spanish rule in 1811, against the backdrop of the 1810 May Revolution in Buenos Aires as well as the regional rebellions that followed in response to Buenos Aires' pretense of primacy over other regions in the Viceroyalty of the Río d ...
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Río De Janeiro
Rio de Janeiro ( , , ; literally 'River of January'), or simply Rio, is the capital of the state of the same name, Brazil's third-most populous state, and the second-most populous city in Brazil, after São Paulo. Listed by the GaWC as a beta global city, Rio de Janeiro is the sixth-most populous city in the Americas. Part of the city has been designated as a World Heritage Site, named "Rio de Janeiro: Carioca Landscapes between the Mountain and the Sea", on 1 July 2012 as a Cultural Landscape. Founded in 1565 by the Portuguese, the city was initially the seat of the Captaincy of Rio de Janeiro, a domain of the Portuguese Empire. In 1763, it became the capital of the State of Brazil, a state of the Portuguese Empire. In 1808, when the Portuguese Royal Court moved to Brazil, Rio de Janeiro became the seat of the court of Queen Maria I of Portugal. She subsequently, under the leadership of her son the prince regent João VI of Portugal, raised Brazil to the dignity of a ...
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Argentine Debt Restructuring
The Argentine debt restructuring is a process of debt restructuring by Argentina that began on January 14, 2005, and allowed it to resume payment on 76% of the US$82 billion in sovereign bonds that defaulted in 2001 at the depth of the worst economic crisis in the nation's history. A second debt restructuring in 2010 brought the percentage of bonds under some form of repayment to 93%, though ongoing disputes with holdouts remained. Bondholders who participated in the restructuring settled for repayments of around 30% of face value and deferred payment terms, and began to be paid punctually; the value of their nearly worthless bonds also began to rise. The remaining 7% of bondholders were later repaid in full, after centre-right and US-aligned leader Mauricio Macri came to power in 2015. As part of the restructuring process, Argentina drafted agreements in which repayments would be handled through a New York corporation and governed by United States law. The holdout bondhold ...
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