Argentina complains involvement of Texas company in Falklands’ oil activities
President Cristina Fernandez government expressed its deep disappointment directly to the State Department following the announcement that the Texan oil company Noble Energy would become involved in hydrocarbons activities in the Falkland Islands.
A report from La Nacion, singed by Martin Dinatale, quoting Argentine Foreign ministry and diplomatic sources, says that the complaint was delivered personally by Ambassador Jorge Argüello in Washington to the State Department ignoring the US embassy in Buenos Aires.
The complaint arrived at Foggy Bottom not long after Noble Energy and the Falkland Oil and Gas Ltd announced on Monday they had reached a farm in deal to explore for oil to the east and south of the Falklands involving 35% of the licences held by FOGL with investments of 180 to 230 million dollars in the next three years.
In the letter according to La Nacion sources, Argentine diplomacy anticipates it will begin legal actions against all those companies involved in hydrocarbons activities in the Falklands/Malvinas since it is “a disputed territory”. Like wise the communication will be delivered to the New York stock exchange, to the US Treasury, to the US Securities and Exchange Commission and to the International Organization of Securities Commissions.
Noble Energy thus joins the list of companies the Argentine government considers “illegitimate and clandestine” since it will be operating in a territory ‘occupied’ by the UK and over which Argentina claims sovereignty. The intimation to the US company is in the framework of the Argentine Energy Secretary June 4 resolution in which it calls on all oil companies operating in the Malvinas Islands to cease activities and anticipates filing civil and criminal charges.
Two weeks ago the government of President Cristina Fernandez did something similar but with the ambassadors of Italy and France in Buenos Aires , whom were informed that Argentina would sanction and begin legal actions against the Edison oil corporation that reached a deal with FOGL. Under the terms of the agreement Edison which is a subsidiary of France’s EDF, will invest 90 million dollars to face exploration costs in exchange for a percentage of the oil production.
According to La Nacion sources from Hector Timerman’s ministry, the meetings with the embassies of Italy and France evolved in “good terms” and were only limited to make the official communication regarding sanctions and legal actions. “So far there have been no replies from the governments involved”.
In repeated occasions the Foreign Office has said that the British Government will offer support to companies involved in Falklands’ oil exploration who have been threatened with legal action by the Argentine Government.
Foreign Office minister Jeremy Browne said earlier this year before Parliament that the UK fully supports Falkland Islanders’ right to develop a hydrocarbons industry and underlined that Argentine authorities do not have jurisdiction over the Falkland Islands.
“The British Government will continue to offer support to all companies working in the Falkland Islands, including by reassuring those in the hydrocarbons sector in receipt of threatening correspondence from the Argentine Government”.
As to the official position of the Obama administration in the Falklands dispute, the State Department has said that the US maintains a “neutral position”. This means “the US recognises the de facto administration of the UK in the Islands, but does not have a position over the sovereignty pretensions of both countries”.
Likewise “the US government supports the cooperation of the UK and Argentina in practical issues and calls for a pacific resolution of this issue”.
The emphasis on the “neutral position” was ratified following a much celebrated three day visit of British PM David Cameron last May to the US where he met on several occasions with President Obama.
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114 comments Feed
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There used to be an Olympic gold for architecture and town planning - can we introduce one for moaning so our South American friends have a chance?
The next 60 days are crucial.
Lol I wonder why?
Popcorn.... check....
This will be fun to watch........
Why? Because the Argentines have NO authority over the Falklands. The UN recognises British sovereignty, the EU recognises British sovereignty, the only ones who don't are Argentina and a few 'countries' such as Venezula, Syria and Iran.
Even the Chinese and the Russians recognise British Soveignty.
Poor Argentina. Fancy being ruled by this bunch of muppets who don't even know international law. They act like crooks, con-men who 'try' to sell other people's property to gullible people. The problem is that the international community isn't that gullible.
Or even.....
jajajajajajajajaja
It was only a few months ago when the deadbeats from Argentina on here were telling us that the USA was actually on their side.
Chuckle chuckle
She can thqueam and thqueam until she's thick all she likes. Now the US are getting interested her options are getting very few
Chuckle chuckle (C) Joe Bloggs
Unfortunately the tard empress and her child like stance of “we want it all” has left the tard state with nothing.
I say bring more countries to the Falkland Oil party and keep tardsville in the cold with their BITTER lemons and cash starved economy.
“Like wise the communication will be delivered to the New York stock exchange, to the US Treasury, to the US Securities and Exchange Commission and to the International Organization of Securities Commissions.”
Well, these people can always use some free toilet paper.
Argentina WAKE UP, the WORLD recognises BRITISH sovereignty of the Falkland Islands, because the Brtitish have the Historic, Legal and Moral right to Sovereignty.
If Argentina had been truly serious about the Falklands, then you should have done something about it in 1833, like try to retake them from the British. I mean it's not like the British left a military force there, just the colonists (you know the ones you said were expelled - but weren't).
Your country did nothing, which implies that you were not pushing your claims against the British, a move further reinforced by your government signing the treaty of perfect friendship in 1850 which showed you had NO disputes of any kind with the British.
Crying about it 180 years later is PATHETIC. You gambled on the military option in 1982, and LOST. You not only lost the war, but you lost any moral high ground you may have held.
And don't go on about it being the Junta, and that the 'poor' Argentine people didn't support the invasion. Yes you did! Hundreds of thousands of people all across Argentina 'praising' the Junta for the act. These same people who after you had lost the war DEMANDED that the Junta carry on fighting WHATEVER the cost in Argentine lives.
You supported the military option in 1982, and if your country could get away with it you would support it again.
When the black gold starts flowing, the Falkland Islanders will be one step nearer to being able to declare full independence, should they wish to do so.
Argentina MISSED out on the chance to share in this good fortune by acting like a spoilt, petulant child who couldn't get their way.
Aw...tough sh!t.
Is Chile on Argentina's side or not? I guess not.
Chuckle chuckle.
Train wreck is more like it... and -btw- 3 derailments on the Mitre Line in as many days...
KFC and her cronies could not organise a piss up in a brewery....
Shaking, that is, until they're out of earshot when they can laugh out loud without seeming impolite (they are diplomats after all).
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You forgot to mention the 3D Glasses.
All these foreign companies have weighed up the risks and recognise their involvement in the Falklands as risk free. Argentina is simply using distraction tactics against its own population. The Falkands seem to be going from strength to strength whereas Argentina is sinking into the mire.
Timmerman stop moaning about it you brought this problme on yourself when you cut yourself from the rest of the world through a series of hyper populrist decisions which have made the majority of the worlds major economies vary of investing in your nation especially in oil and gas. If you want foreign investment dont sieze the assets of foreign investmentors without compensation.
According to La Nacion sources from Hector Timerman’s ministry, the meetings with the embassies of Italy and France evolved in “good terms” and were only limited to make the official communication regarding sanctions and legal actions. “So far there have been no replies from the governments involved”. because they know 1) Because the oil companies involved have no assets in Argentina, you have absoutly no way of punishing them in Argentina. 2) You cannot find an international court who has juristiction to decide the case.
The story shows that despire threats from Arg, oil companies simply do not care.
I think the US has tried hard to have patience with Argentina to keep the peace down there - like placating a screaming toddler in public - but if their behaviour is too unruly I suspect a 'slap' will be in order.
Timmerman is the very definition of a boob.
Which will come first? The economic collapse, a difinitive snub regarding the Falklands or a Silver revolution to curtail the madness?
So, bypassing normal channels and Jorge Porgie delivered it personally.
I bet they took it off him and threw it in the trash with all the other bleats and whines from CFK.
Ha, ha, ha, ha, etc. :o)
Its almost like they are trying to antagonise the USA , then pleading that they are really the best of mates, and thinking the US will actually believe it.
Bet the letter ended up in the shredder.
I understand your glee at these RG setbacks given the harassment that CFK dishes out on the FI, but you should all really love this lady.
She has singlehandedly kick Argentina’s claims on the FI in to the long grass for another 30 years.
She has wrecked Argentina’s credibility.
She has run the armed forces in to the ground.
She has severely damaged the economy.
You should be rejoicing her every gaff (almost as much as BK does).
The British really couldn’t have hoped for a better Argie premier. Imagine if they had a serious leader who had fixed the economy, built up the armed forces and built up respect and credibility with the world!!!
For the record, I think you are all wrong on two points: firstly, there won’t be an economic collapse. Continued draconian measures and underperformance yes, but collapse no. And secondly, investment for the oil exploitation will come. Think and the other oil men will all be happy.
www.youtube.com/watch?v=eyrE3ZwMsKg Press TV news
Please tell me (being one of the ones who are wrong) on what possible basis do you base your opinion that there will not be an economic collapse?
If Argentina owns the Argentina Sea, the Western South Atlantic Ocean, the Weddell Sea sector of the Southern Ocean, West Antarctica and the Antarctic Peninsula, and all islands and archipelagos throughout these millions of square miles, and all the EEZs that these terrestrial provinces bring, then it is one of the most extensive and asset-rich countries in the world .... and someone to be reckoned with.
The USA should be most circumspect and should not annoy such a big world power.
Argentina has warned the USA, and that warning should be enough.
It is not glee at the setbacks for the Argentinian people.
What we cannot understand is that a country so rich in resources can be led by such a pathetic head of state and government.
None of us are are saying that our own leaders and government are getting it right! - but we all wish we had the same natural resources that Argentina has.
The fields have been in production for 25+ yrs. They are almost dry. Great way to run a country/business. So what happens in 5yrs when there is nothing left? hmm
Epic Fail
Ive seen it reported that the ceo of ypf was thinking of walking.
Hahahahahahaha. Hahahahahahaha hahahahahahahaha....hahaha
Poor Cristina.....
Argentina took the chance and lost, a great example of how not to run a country, I hope she stays on the throne forever, the longer shes on the more damage Argentina gets, at this rate Argtards will need to wheelbarrow millions of pesos just to buy stale bread. :)))))))) while she has a modest asset evaluation running into the millions of US$(known) what would you expect from an advocat of poverty (latin style).
The establishment obviously oferred him all sorts of things and promises, to fund the business properly I would imagine, before he accepted the job.
He must have forgotten what it is to be an Argie in power: promise anything, deliver nothing and blame the poor sap who believed you for the train crash that will inevitably arrive. (That was not a joke about the three derailed trains!).
I was amazed he even took the job in the first place: it shows a consummate lack of judgement. I have said before, this could kill his career.
Well you are not wrong yet.
A few months ago many were predicting that Argentina would collapse by July – hasn’t happened.
I know the country is in a mess and incompetently managed, but a collapse like in 2002 isn’t going to happen. Back then they defaulted on a mountain of debt, there was a run on the banks, the banks pulled the drawbridge up and the economy collapsed. Currently there is no debt burden. If the economy registers no growth this year, all that means is, exactly that, the economy is the same size it was last year. If it shrinks they will all be a bit worse off, but there is nothing that will push the economy in to free fall.
@44 Agent
I’m with you. I can’t understand it either.
It's no more absurd than'give peace a chance', when they are the ones that invaded. Does anything make sense to them?
If youre referring to the ceo of ypf, just google {ceo ypf resigns} he threatened to walk about a month ago.
Also the magic 100 day plan is due to be announced by the ceo in the coming week or there abouts, this should be good!
www.buenosairesherald.com/article/100180/galuccio-hosts-first-meeting-as-ypf-head-pledges-to-unveil-strategic-plan-in-the-next-100-days
They do have some rights to their continental shelf but this doesn't affect the Falklands or South Georgia and the South Sandwich Islands as their EEZ has precedence
“Galuccio is scheduled to travel to Argentina’s Mendoza province tomorrow to unveil an educational program for YPF employees, Di Lazzaro said. Next week, Galuccio will announce investments at YPF’s Refineria La Plata refining division, Di Lazzaro said”
Maybe re-educating the workers about their lower wages? How to live without a job?
“They do have some rights to their continental shelf but this doesn't affect the Falklands or South Georgia and the South Sandwich Islands as their EEZ has precedence”
There is no such thing as “precedence” in territorial matters, you are simply ”défoncé(e)”. The EEZ of the Falklands is simply not the normal size on their western side, it is some crompromise distance because otherwise their zone would encroach in Argentina's zone.
@42
1. Argentina in 2001 had debt to GDP levels of 140%. Today it is 45%.
2. Argentina in 2001 had a straight jacket, no monetary nor fiscal indepedence. Today it has the printing press and fiscal policy at its disposal.
3. Argentina in 2001 had record low prices for its main exports, today there is a commodities bull market.
So, fiscal ability, monetary independence with a non-pegged currency, far lower debt load, much higher prices for its products.
In other words, there will not be a 2001 implosion. Sorry for the bad news.
If this don’t stop the Americans, we will impound one of there fleets,
And if necessary we will impound all American assets,
We lets be fair here,
We can all dream, cant we, CFK may of said .lol.
Rebuilt the country! Take a look at it when you go there.
The EEZ and the continental shelf are two different things. The EEZ applies to the waters, not to the continental shelf, or to the seabed and subsoil where there is no continental shelf.
The maximum EEZ is 200nmi
The maximum continental shelf over which a state can currently exercise jurisdiction is 350nmi if it extends beyond 200nmi, the state has submitted evidence of the outer limits of the shelf to the CLCS, and the CLCS has issued recommendations on that submission. The CLCS has not yet issued any recommendations on the UK's or Argentina's submissions for that area, and won't do so while there is a dispute.
If the CLCS has not yet issued a recommendation the maximum is 200nmi until it does
If the Continental shelf does not extend to 200nmi, the maximum jurisdiction is 200nmi. ie over the continental shelf and over the seabed and subsoil where there is no continental shelf up to 200nmi
Obviously the maximum figures above will be less if they affect the EEZ or continental shelf of the opposite or contiguous territory of another state.
The extensions apply to the continental shelf only. They don't apply to the EEZ. Any waters above the shelf between 200nmi and 350mi will remain international waters.
:-)
The fact that I, like most, are disappointed by CFK’s leadership might put me on the “right” side of reason, but not necessarily on the political right. If you could get beyond your older-woman fetish you might just see that the only thing progressive about her leadership has been:
Progressively shrinking production
Progressively rising unemployment
Progressively increasing inflation
Progressively increasing violent crime
Argentina’s ability to avoid collapse will be despite CFK, not because of her.
67 Yankeeboy
There is no crash imminent. How about a wager with a timeframe?
It is a wry riot to see so many here concocting contrived controversy in order to achieve some self-deluded higher ground against a person as gifted in knowledge, education, IQ, and hard worked edification as myself.
What do I mean? Well, show me where I have used “Malvinas”. You will find out to things if you bother to sleuth: 1) I have NEVER used the name Malvinas (and that anyone here can't deny), 2) I almost never discuss the Falkland's sovereignty dispute. Irrelevant for me. The only thing I may discuss around the Falklands matter is the issue of Argentina not signing agreements with the UK / Falklands, which of course would be a suicidal idea given the iniquitious track record of the latter in using treaties to usurp territories in the last 500 years.
And despite your gifts in knowledge, education, IQ, and hard worked edification, you have never yet provided an example of your contention that stands up.
Do you do ufology as well?
“When have I rejoiced in the majestic Cristina's gaffes; to the best of my knowledge she hasn't made any”
Thanks for confirming the level of your knowledge.
hahaha
The whole country needs to be treated for narcissistic personality disorder.
Chronic wanking is not a gift, you should have listened to your mother!
Some here predicted the collapse as July, I never have. The only thing I had a 'bet' on, with Ogara (no less) back in July 2011 was inflation would get to 35% by 1st August 2012.
My predictions for a default were and still are the blue dollar at 9:1 and inflation at 40% by the end of the year (2012).
The combined effect will then result in runaway inflation leading to a meltdown of the economy by the end of 2013.
I will stand by my statement that a crash is imminent.
There is no way any economy can withstand a 55% increase in monetary base IN ONE YEAR without the corresponding effects of inflation and wage spiral.
Unless there is a drastic cut in gov't spending and pull back of the monetary supply HYPERINFLATION is a given. There is no economy in history that has not gone into a severe depression due to hyperinflation. NONE.
Argentina doesn't have a magic economy and its current dictator is probably crashing it on purpose so she can implement more Emergency decrees and stay in power.
CFKs gov't is broke, she'll print more, once the general population loses ALL faith in the peso all is lost. How long does that take, depends, let's see what she nationalized next! Bingo parlors? There is a little cash there does that give her 2-3 months of new cash flow? Banks? 6-12 months more cash flow? There are still a few assets left to nationalize but at what cost? I don't think she cares at all about the long term problems she is creating.
Messy business ruining a country.
If she was already a dictator why would she need to do that?! You're getting raveled, as we say in Scotland, with your hate for Cristina
Thank you very much for unbutressing the argument of your own side, your honesty is appreciated. Now you know why Argentina pulled out of any treaties with the UK in terms of maritime matters, what happens in our waters has nothing to do with the clown Cameron or the Mummy II.
Agreed what Argentina does in its own waters are your own business. But this current bunch of muppets in charge of your country are trying to tell the Falklanders what they can or can't do in their own EEZ.
Perhaps your government should concentrate on solving Argentina's current difficulties, I mean if they put as much effort and verve into sorting out the Argentine economy as they have into harrassing the Falkland Islanders, Argentina would probably be one of the richest countries in the world right now.
By the way, Tobias, Nestor Kirchner pulled out of the mutual cooperation treaties because HE wanted it all, and the Falklanders didn't believe that was fair. It was meant to be a 50-50 effort, half of the investment from Argentina, half from the Falklands, and then a equal split of the profits.
The greed of you former President, and the greed of your current President are the reasons why those treaties failed.
You constantly harp on about Britain and treaties. Well, Tobias, Argentina has met a treaty yet that it hasn't broken, or drastically and deliberately 'mis-interpreted' it to your soul benefit.
Name one treaty since the formation of the UN that the British have broken?
In 2008 the US monetary base expanded from $800 billion to $2100 billion, that’s a 160% increase in one year. Increase in 2010 and 2011 have been in the order of 30%. Total increase in US monetary base since 2008 = 240%
Collapse of the US economy is not imminent.
In Argentina hyperinflation will not follow if wages can be kept under control, hence the brewing confrontation with the unions.
People will not lose confidence in the peso if there is no alternative, hence the dollar clamp.
These are draconian measures required to fix self inflicted problems. CFK is clearly not a dictator, but I agree with your sentiment – a dictatorial iron fist will be required to suppress increasing public anger over pay.
Chris
A bold prediction.
I am not at all happy with our Fed and I don't agree they should have a double mandate of full employment and price stability. I hope that changes with the next Prez.
The Peso is the one of worst performing currency IN THE WORLD. Printing more of it is not going to make it any better.
CFK has always lost the wage battles, she needs “THE PEOPLE” to stay on her side. High inflation is not going away is she going to have Union workers starving? I don't think so.
Stagflation, Hyperinflation, Depression
Stage 2 is about to start.
“We have under 2% inflation”
That was my point about monetary base: massive expansion in US MB did not bring inflation.
The devaluing peso will boost exports and reduce imports.
She needs some of “the people” to stay on her side. Yes I think she will let the union workers starve.
Market power, retailers raising prices because they can relative to competition or rather lack of competition, Demand pull, demand for goods in relation to supplies and thats a big one in Argentina and of course Supply shock......Perception that the supply is in peril.
I believe those three factors alone are the driving forces behind Argentina's rising inflation and it is increasing at an increasing rate.
As CFK's model pushs away competittion and investment out of the Argentine markets, the natural forces of free markets will take hold and that is what we are seeing in Argentina. This and the confidence factor of the general state of economy in Argentina. No amount of talking up the economy can work in Argentina's case. She needs to realize that is she wishes to pay for a socail agenda in her country, she needs a free market economy to support. Not an economy run by the government. Total control is impossible.
hahahahaha
An officially devalued peso will increase inflation even more.
Where did you learn economics? UBA?
Thats how it works or free market economy, not Argentina. However , an increase in exports cannot grow an economy. While Argentina will get richer in terms of foreign currency, the people are getting poorer in terms or real wealth.
I have never studied economics and have never professed to. I run my business fine with what I have learnt in the university of life.
Same goes for English, never studied languages and I am doing just fine.
“The devaluing peso will boost exports and reduce imports. No it won't.”
Oh yes it will! Even if the market is not perfectly open. There are no major obstacles to RG exports, so the lower peso will make price more competitive. I am sure you would agree with that. It is for this reason that central banks use various tricks to devalue their currencies to boost exports. It is why the US continually complains that the Chinese get competitive edge by artificially holding their currency down. Is it not?
Lower peso makes imports more expensive – agreed this can feed inflation, but given that there are significant import restrictions, the balance of trade will benefit.
I am not arguing these are sensible measures. In the long term productivity will suffer and they will receive reciprocal measures from trading partners.
lower peso will make price more competitive ...splain me how this works for SOY to China and Cars to Brazil... a lower peso will not make either of these exports cheaper than their competitors AND the devalued peso has already made cares MORE EXPENSIVE than their competitors because of higher salaries and parts!
the balance of trade will benefit....unless countries retaliate that is...how are wine and olive oil sales going in the USA?
Buddy you are shockingly uninformed.
While your basic assumption is essentially correct in a market economy, so long as real output can be maintained, let's not forgot of the increased cost to imports. And what does Argentina import that is needed?
Machinery
Cars and parts
Chemicals
Pharmaceuticals
Of course Oil
Even the majority of your clothes are imported. How can you possibly maintain economic output with a devalued peso that will skyrocket very much needed products that can only be imported at a much higher price?
precisely, we're good at it too, so shut up already.
You started the conversation by stating:
“There is no way any economy can withstand a 55% increase in monetary base IN ONE YEAR without the corresponding effects of inflation and wage spiral”
There are plenty of recent examples to show this is quite false.
Perhaps you too are less well informed than you like to think.
I guess you are agreeing with the other obvious flaws in your education then huh?
Anybody who claims superior intelligence & education whilst writing “concocting contrived” can only have purchased his doctorate from Bongolesia State University for $50 USD and a dose of self-delusion thrown in for free.
They certainly haven't heard of tautology or pleonasm, which casts rather a large shadow over both their education and intelligence claims.
I’m so glad I’m just an ignorant plebeian.
I am not so arrogant to deny flaws in my education.
Is there flawless education?
Yes, there is flawless education, but it's only the Troll who has it.
Poor Tobias, believing that big words make you sound more intelligent whereas in reality they just make you look desperate. Desperate to try and divert the thread.
www.ripoffreport.com/hotel/los-sauces-casa-pata/los-sauces-casa-patagonica-hot-4b187.htm
www.ripoffreport.com/plastic-surgeons/argentina-plastic-su/argentina-plastic-surgery-da-50cdb.htm
www.ripoffreport.com/argentina-afip-agenc/federal-government/argentina-afip-agencia-federal-f204d.htm
Spread the word about this banana republic so called “government”!!
Too subtle for me ! Elucidate please.
They say that the definition of insanity is doing the same thing over and over and expecting a different result.
So what has actually happened as opposed to wished for/promised Mr Hunted Pirate?
What court in the world would hear this case? No international court would, which leaves an Argentine court (hardly to be considered completely objective in the matter). Not only that, but no Argentine court has jurisdiction OUTSIDE of Argentina, and the Falklands and their EEZ are well outside Argentina, and internationally recognised as such.
So your court will make a few rulings that are not legally binding as they have no jusridiction. The oil companies will continue to drill and your government will once again embarrass your country on the international stage.
But nothing will change, and once the black gold starts flowing the Falklands will be a richer place than Argentina, who may in a few years time decide to become completely independent; take their seat at the UN, yet remain as part of the Commonwealth of nations.
Based on your recent history, Argentina will vote in yet another bunch of corrupt muppets, who will continue to rob the country blind, and continue to rant on about the Falklands.
What are you waiting for? Get on with it!
Once gain you show your ignorance of international law.
Any attempt to 'occupy' the British, US, French, German or any other embassy is illegal and could be considered an act of war. Argentina will be condemned by the UN, and the British, US, French, German or any other country affected would expell their Argentine diplomatic staff.
Now since you are naive and don't understand, this is a big deal. A very big deal. No country in the world would then give Argentina the time of day, let alone support you in your erroneous claims to a piece of land that you have never owned.
Plus any Argentine attempt to steal property of other countries would see those countries reciprocate, and they could call the UNGA to invoke economic sanctions against Argentina until starts to behave itself. This could be stretched to include any off-shore holdings belonging to Argentine citizens, which would be frozen, until Argentina backtracks, and once again makes a fool of itself.
Now I now that wouldn't affect you PH, as you love Argentina sooooo much that you won't live there, but CFK and her cronies wouldn't have any money as it would be trapped in the international banking system. That'll make it tricky when they try and flee Argentina one step ahead of the mob.
Face it, Argentina is making impotent threats. It has been making impotent threats for months, and will continue to make them in the future.
Quite frankly the majority of Argentine citizens are too busy surviving day to day to even care about the Falklands. And CFK is so popular that she has to fill her rallies with convicted murderers, rapists, thieves and other undesirables.
I am glad to see you are accepting reality.
Once Argentina does, and accepts that the advantages to South America of the Falkland Islands being encouraged to independence rather than to exist under a colonial South American state (which is not good with finance) , the links the Falkland Islands will enjoy with the Commonwealth, the UK and Europe will be of immense benefit to the OAS who are too inward looking.
As long as their is mismanagement in Argentina they will need something to take the heat off, the Falklands are just too convenient.
Correct.
Argentina's foolish underestimation of the effectiveness and potential benefit to South America as a broker, of the FIs, means Arg. do not think things through and as you say instead use FIs as an excuse to mask their incompetence.
If Args used some intelligence they could be using the islands, (on the Islander's terms) to assist themselves to their benefit whereas being antagonistic to them instead is akin to a Landy stuck in a bog, wheels spinning like crazy at full speed flinging peat and slush everywhere, getting nowhere. Whereas if they put the landy into 4wd and drove slowly to get some grip (maybe with planks and bumperjack)they would get out of the bog.
Argentina is sinking in that bog, getting nowwhere, making a lot of noise with the windscreen covered in sh*t.
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