Argentina’s losses on its oil and gas assets, as well as its labor disputes, have prompted China’s Sinopec to consider selling its operations in the country. Sinopec advisors have offered up some of its assets to about a dozen large firms from the U.S., Latin America, Europe, Africa, and Russia, it was reported on Monday and confirmed in Beijing media.
Buenos Aires said on Tuesday it was prepared to help financially Santa Cruz province, but demanded a serious program to put in order the regional government´s accounts, which has seen its basic services of education, healthcare and justice paralyzed because of months in arrears to staff.
Argentine ex president Cristina Fernandez and her sister in law and governor of Santa Cruz province Alicia Kirchner, are holding in at their home in Rio Gallegos surrounded by an angry crowd in the midst of a chaotic situation as police try to disperse protestors with tear gas and rubber bullets.
The former Argentine president said she is no friends with entrepreneur Lazaro Baez, who was awarded around 80 percent of all public works in the province of Santa Cruz when governed by her late husband and eventually president Nestor Kirchner.
The mega judicial raids in Argentina into the properties of arrested Kirchnerite businessman Lazaro Baez and his family, in the southern province of Santa Cruz, so far have found less cash than rumored but far more assets that expected, including some surprises such as a full size bronze statue of former president Nestor Kirchner.
Argentina's Lower House member and former Secretary of ex president Cristina Fernandez, Eduardo “Wado” De Pedro is under prosecution investigation following claims he over billed travel expenses while overseas in 2015 as part of the presidential delegations.
Argentina signed two nuclear power plant construction deals with China on Sunday worth around US$15 billion, which would add 1,750 megawatts to the energy already produced by the country's three nuclear power plants.
The outgoing government of president Cristina Fernandez reinstated benefits for all exports that are handled through Patagonian ports. Decree 2229/15 published in the Federal Gazette establishes the extent and percentage of benefits, for the next five years, as long as they are shipped from ports and customs to the south of the Colorado River.
President Cristina Fernandez underlined the achievements of her government which, she said, have set the foundations of 'a bright future ahead for Argentina', and openly sponsored the electoral aspirations of Kirchner family members, during a political rally held in Santa Cruz province, from where the powerful presidential couple that has dominated Argentine politics for the last twelve years emerged in 2002/03.
A former cabinet minister of ex-president Nestor Kirchner said he wished that the current head of state, Cristina Fernandez would donate part of her considerable fortune so as to help all those people that have suffered impoverishment in recent years.