
Three Argentine ministers denied as “false” that YPF, under control of Spain’s Repsol had invested more than 20 billion dollars in the company since 1999, arguing the fall in Argentine oil and gas production and reserves is clear evidence of that.

The Malvinas families’ commission regrets they have not been consulted on the Argentine government’s request for international help to identify the remains of the ‘unknown soldiers’ buried at the Argentine cemetery in the Falkland Islands.

Falkland Islands lawmaker Sharon Halford rejected the Argentine proposal of direct flights from Buenos Aires to the Islands saying that “they are not needed” and expressed surprise at the double standard of President Cristina Fernandez administration.

Argentine President Cristina Fernández vindicated her decision to expropriate YPF, assuring that her Government “remains convinced that all Argentines should be in control of the country’s natural resources.”

One of Argentina’s main textile and shoe wear companies, Alpargatas belonging to the powerful Brazilian Camargo Correa group has begun the process to abandon the Buenos Aires stock exchange.

Uruguay and Argentina agreed to exchange tax data in a deal that gives Argentine inspectors the power to dig up information on savers with bank accounts in the neighbouring country, officials said on Tuesday.

Spain’s energy corporation Repsol describes as ‘false’ Argentine government allegations that its affiliate YPF “had not invested sufficiently” in its hydrocarbons interests in Argentina.

Argentine Foreign Minister Héctor Timerman is in the middle of a major diplomatic blunder through a baffling series of statements regarding a letter sent by the EU to his office last week, according to a report published in the Buenos Aires Herald.

The European Union is planning to lodge a complaint at the World Trade Organization over Argentina's import restrictions and is seeking other trading partners to back its presentation, a source familiar with the situation said on Tuesday according to news agencies.

Argentina made a formal proposal to the UK for the establishment of direct flights from Argentina to the Falklands and to resume cooperation in the conservation of fishery resources in the South Atlantic, indicates a release posted on Tuesday in the Argentine Foreign Ministry site.