The Falkland Islands and the political figure of President Barak Obama were among the issues addressed by United States Assistant Secretary for Western Hemisphere Affairs Arturo Valenzuela during a Friday mid day press conference in anticipation of Secretary of State Hillary Clinton’s trip to five countries of the region.
Leaving aside much of the London media rhetoric about a build-up or even a possible re-edition of 1982, between Argentina and the UK over the Falklands and South Atlantic islands sovereignty, The Economist adopts a more common sense and pragmatic attitude about the controversy over oil exploration in the South Atlantic.
Spanish-Argentine Oil Company Repsol-YPF announced Thursday that it will drill for oil in an area near the Falkland Islands beginning next November /December.
Argentina’s Foreign Minister Jorge Taiana as had been anticipated on Wednesday formally asked United Nations Secretary General Ban Ki-Moon to interfere in the unilateral decisions Britain has made regarding the Falklands/Malvinas Islands issue and highlighted that from now on everyone has to wait until Ban acts within a good-solicitor framework.
An Argentine federal court kept a hold on the government’s plan to use 6.6 billion US dollars in Central Bank reserves to pay debt, sending the case to the Supreme Court for a final ruling, Argentina’s Court Information Center Web site said.
Argentina's trade surplus widened 25% in January from the same month a year ago as both exports and imports rose, signalling an economic recovery is underway.
The United Kingdom said on Tuesday it was willing to re-open talks with Argentina but not on Falkland Islands sovereignty or the development by the Islanders of a hydrocarbons industry. The statement came on the eve of a meeting of Argentina’s Foreign minister Jorge Taiana with UN Secretary General Ban Ki Moon.
Argentine President Cristina Kirchner said on Monday Latin American and Caribbean leaders backed her objections to oil exploration in the disputed Falkland Islands as drilling of the first well began on Monday.
Argentina’s record soybean crop may yield less than expected as continued downpours threaten to cause beans to rot and fungal diseases to spread, according to a Buenos Aires Cereals Exchange official quoted on Monday.
Argentine former caretaker President Eduardo Luis Duhalde assured Monday that he will run for president in the 2011 elections even if Senator Carlos Reutemann, tipped as one of the favourites, decides to do the same.