Argentine president Cristina Fernandez has sent a draft bill to her lawmakers in Congress that would allow the government to take a controlling stake in local oil and gas giant, YPF SA at the expense of its two largest shareholders, newspaper Clarin reported Thursday.
Argentine president Cristina Fernandez leaves on Friday for Colombia to attend the two-day sixth Summit of the Americas where she is scheduled to hold a meeting with President Barack Obama on request from the White House, according to the Executive press office in Buenos Aires.
Argentine opposition lawmakers presented on Thursday March’s inflation index based in the analysis of nine private agencies, which showed a 2.3% increase over the previous month.
The Argentine Catholic church expressed concern over the “important level of corruption” in the country and warned about the disturbing inequality and extended poverty.
By Gwynne Dyer - International human rights campaigner and occasional actor Sean Penn, whose well-deserved Nobel Peace Prize continues to be delayed for mysterious reasons, was the first famous foreigner to lend his support to the cause. “The world today is not going to tolerate any ludicrous and archaic commitment to colonialist ideology,” he told Cristina Kirchner, the president of Argentina. He was speaking, of course, of the Falkland Islands.
Amidst the cross-fire between the Argentine government and Repsol-YPF oil giant, Spain’s Industry, Energy and Tourism Minister José Manuel Soria, warned on Thursday that “any sign of hostility” against Spanish companies “will be considered as a hostile sign against Spain and its government, and will bring consequences.”
A mother whose newborn baby was found alive in an Argentine morgue 12 hours after being declared dead on Wednesday blamed hospital negligence for the near-fatal mistake.
The Argentine maritime workers union, SOMU, decided not to work overtime, a measure which affects most ports from inland Rosario on the Paraná River to Bahía Blanca on the South Atlantic, when thousands of trucks are lined up with the summer harvest.
Argentina’s sovereignty claim over the Falklands/Malvinas will be addressed during the Sixth Summit of the Americas this weekend in Colombia, where 33 heads of state and government are scheduled to meet, said Colombian Foreign Affairs minister Maria Angela Holguin.
Argentines give more importance than the British to the Falklands/Malvinas sovereignty issue, according to the first public opinion on the matter done simultaneously in both countries involved.