Argentina

• Wednesday, April 18th 2012 - 08:15 UTC

  “Argentina has just shot itself in the foot” warns Spain Foreign minister

  

  Spain’s Foreign Minister José Manuel García-Margallo warned on Tuesday that “Argentina has just shot itself in the foot” as the expropriation of YPF oil and gas company might lead to “a break- up with both Spain and the international community.”

• Wednesday, April 18th 2012 - 08:10 UTC

  Hague expresses deep concern over the YPF case and promises support for Spain

  

  British Foreign Secretary William Hague said he was “very concerned” at President Cristina Fernández announcement to expropriate YPF, a decision he believes “goes against all the commitments Argentina has made in the G20 to promote transparency and reduce protectionism.”

• Wednesday, April 18th 2012 - 08:06 UTC

  Argentina’s Malvinas claim with no support statement from hemisphere defence ministers

  

  A preparatory meeting for a Ministers of Defence of the Americas Conference to be held in the second half of the year concluded in Montevideo with no inclusion of the Malvinas Islands dispute in the final declaration because of lack of agreement among the participants.

• Wednesday, April 18th 2012 - 06:17 UTC

  Argentina and Brazil closer in defence issues and in support of Malvinas claim

  

  Argentina and Brazil agreed to work on a common defence agenda underlining the importance of strengthening Unasur and working to ensure that Latin America is a peace zone thus sending a strong message to the UK on the Falklands/Malvinas issue.

• Wednesday, April 18th 2012 - 01:05 UTC

  Bolivia’s Morales takes distance from YPF/Argentina conflict and praises Repsol

  

  Bolivian president Evo Morales clearly took distance from Argentina’s expropriation of YPF, the Argentine affiliate of Spain’s Repsol which was announced on Monday and caused a major rift between Argentina and Spain and the European Commission.

• Wednesday, April 18th 2012 - 00:54 UTC

  Letter on identification of Argentine soldiers buried in Falklands sent to the Red Cross

  

  Malvinas conflict next-of-kin commission sent a letter to the International Red Cross expressing their position regarding the request from President Cristina Fernandez for that organization to help with the identification of soldiers’ remains buried in the Falkland Islands Argentine cemetery.

• Tuesday, April 17th 2012 - 21:41 UTC

  IMF says investment climate in Argentina unpredictable; EC cancels bilateral meeting

  

  The European Commission called off a meeting with officials in Argentina after President Cristina Fernández revealed plans to expropriate 51% of YPF from its mother corporation Spain’s Repsol.

• Tuesday, April 17th 2012 - 07:07 UTC

  Mexico appeals to CFK: nobody in its right mind invests in countries that expropriates

  

  Mexican president Felipe Calderón and G-20 group head, said that Argentina’s plan to seize a majority stake in Repsol’s Argentine branch YPF is “very regrettable” and called on President Cristina Fernandez to reconsider and rectify the decision.

• Tuesday, April 17th 2012 - 06:58 UTC

  Chavez supports nationalization of YPF; offers Venezuela’s experience in the matter

  

  Argentine president Cristina Fernandez received late Monday the first international support for her announced takeover of YPF from the Spanish corporation Repsol: the Venezuelan government and President Hugo Chavez, revealed the Foreign Affairs ministry.

• Tuesday, April 17th 2012 - 03:38 UTC

  US on YPF takeover: ”Having an open competitive market is a preferable model”

  

  US Secretary of State Hillary Clinton said Argentina will have to justify and assume the responsibilities of its decision regarding the YPF dispute between Argentina and Spain, but at the same time defended models that include competition and market access.