The recent decision by President Cristina Fernandez to seize a majority stake in YPF from Spain’s Repsol has the approval of 62% of Argentines, while 23% disagree according to a public opinion poll from Poliarquía published in the Sunday edition of La Nacion.
As has happened with other leading world opinion makers such as the Financial Times and The Wall Street Journal, that have condemned the seizure by the administration of President Cristina Fernandez of a majority share in the Spanish Repsol owned YPF, The Washington Post has also been extremely critical of the Argentine leader.
Brazil collaborated during the 1982 Falkland Islands conflict in an operation mounted by the Soviets to supply Argentina with spares, arms, munitions and other requirements according to the Rio do Janeiro newspaper O’Globo based on disclosed documents from the National Security Council and the Ministry of Foreign Affairs.
French President Nicolas Sarkozy faces an uphill struggle in the second round of the presidential election, after coming second in Sunday's first vote. He won only 27.1% of the vote, while his socialist rival Francois Hollande took 28.6%, the first time a sitting president has lost in first round. Third-place Marine Le Pen took the largest share of the vote her far-right National Front has ever won with 18.1%.
Brazilian President Dilma Rousseff's administration reached a record-high approval rating in April but voters still long for the return of predecessor Lula da Silva, a newspaper reported.
Representatives from the Group of 77 plus China meeting in Doha, Qatar approved a statement calling on the UK to resume negotiations with Argentina regarding the sovereignty of the Malvinas question, according to a release from the Argentine Foreign Ministry.
The Argentine government decision to nationalize Spain’s Repsol owned YPF will be discussed in June in Los Cabos, Mexico, during the G-20 summit.
The British government, in a move designed to ease concern among the investment community about the Argentine legal threats, has written to some 15 banks and oil exploration companies operating in the region, reports the Daily Telegraph.
A four day conference at Canterbury University discussing the Falkland Islands ‘30 years on’, will begin Falklands elected Member of Legislative Assembly Dick Sawle’s visit to the UK.
In an article posted on the Fitch Wire credit market commentary page the rating agency slammed Argentina for its government’s decision to seize a majority stake in YPF from Spain’s Repsol as announced by President Cristina Fernández de Kirchner on Monday.