
Argentina will take legal action at home and abroad against any companies involved directly or indirectly in hydrocarbons exploration off the Falkland/Malvinas Islands, Foreign Minister Hector Timerman said on Thursday.

A joint declaration on the Falklands Islands dispute reaffirming Chilean support to Argentina’s claim over the Malvinas is expected to be released Friday at the end of President Cristina Fernandez visit but allegedly with no specific mention to the Lan Chile air link, according to diplomatic sources.

Chilean president Sebastian Piñera expressed full support for Argentina’s claim over the Falklands and called for greater integration with the neighbouring country in his welcome speech during a gala dinner to honour visiting Argentine president Cristina Fernandez.

President Cristina Fernandez underlined the brotherhood between Argentina and Chile which she described as ‘unalterable’, particularly since both countries are now living under full democracies. She also thanked Chilean support for Argentine claim over the Malvinas and said that the sovereignty dispute has as a crucial element the need to protect the continent’s natural resources.

Prime Minister David Cameron revealed President Barack Obama said the US was content with the status quo in the Falkland Islands and ‘would stop prodding Britain and Argentina’ to talk to each other.

Britain waited only a few minutes for Argentina to finish detailing a barrage of legal and administrative threats against anybody and everybody involved in the Falklands oil industry, and firmly stated its full support to the Islanders development of their hydrocarbons resources.

To affirm the Special Relationship, Barack Obama should offer his support to the islanders, writes Jim Sensenbrenner.

While Brazil's women maintained their perfect record in regional competition, Uruguay's men scored a huge upset by winning their first CONSUR rugby title, beating Argentina in the final 17-14 with a try on the siren.

The International Monetary Fund (IMF) will close its Buenos Aires office in protest to Domestic Trade Secretary Guillermo Moreno’s decision to accuse the organization in court, urging it to explain how it calculates Argentina’s inflation rate, sources said.

The governments of the Patagonian provinces of Chubut and Santa Cruz announced the termination of the contract of exploitation of four different oil wells that YPF handles in the Gulf San Jorge and that both provinces share. Spain’s Repsol, the oil giant that controls YPF has announced it will file a lawsuit against the measure.