THIS is why Argentina cancelled for Cruzex "last minute"...

[Stratofreighter]

Fear of creditors keeps Argentine forces away from regional maneuvers


BUENOS AIRES, Nov. 18 (UPI) -- Argentina's worries over creditors' backlash to its 2001 sovereign default and scant cash resources threaten to isolate the Latin American country's forces in regional military collaboration networks.

This month, Argentina stayed away from Cruzex 2013, the largest air maneuvers by regional air forces.

Buenos Aires said it canceled its participation to avoid international creditors pouncing on its military assets in ongoing claims from the debt default.

Analysts said that cash-strapped Argentine armed forces appeared unwilling to take part in international events where their hardware and technical inferiority could be questioned.

Argentina pulled its small team, comprised of a Hercules KC130, several A4-AR fighter jets and about 115 personnel, at the very last minute.

...the rest of http://www.upi.com/Business_News/Securi ... 384812676/
is worth a read as well!
When even your Presidential Jet isn't safe from foreign creditors...