
The creative managing director of Young & Rubicam Buenos Aires said that is spite of the request from the central office in New York it can’t force the Argentine government to withdraw the controversial advert linking the Falklands/Malvinas claim with the coming Olympic Games in London.

Argentine state-run television aired the controversial advert on Sunday linking the London Olympics to a dispute with Britain over the Falkland Islands, opening itself to further criticism from the International Olympic Committee.

Ambassador to London, Alicia Castro, assured that the Malvinas-Olympic Games advert bought by the Argentine Government ‘is not a provocation’ and did not mean to offend the memory of First World War British combatants.

Argentine President Cristina Fernández enacted the YPF nationalization law, which was approved by the Lower House on Thursday. During a nation-wide televised speech from Government House, the Head of State also introduced the company’s new CEO, oil engineer Miguel Galuccio.

Conservative President Nicolas Sarkozy made an impassioned final appeal to voters on Friday, saying that a Socialist victory could send France spiraling the way of Greece, as polls showed him narrowing his challenger’s lead two days before the vote.

A drilling engineer with a long experience in the oil and gas industry Miguel Galuccio, 44, will be taking over as of next Monday as manager of the nationalized YPF corporation, announced on Friday Argentine President Cristina Fernandez.

Uruguayan Foreign Minister Luis Almagro backed Argentina’s controversial decision to nationalize the country's biggest oil company YPF arguing countries’ right to recover a strategic market is “indisputable”.

The Argentine government spent 1.225 billion Pesos (307.8 million dollars) in 2010 on public advertising campaigns, an increase of 25 times since 2003, according to a recent study released by Poder Ciudadano, the Argentine national chapter of Transparency International.

Boris Johnson dodged a humiliating nationwide defeat for Prime Minister David Cameron by winning London in local elections that saw voters angry at Britain's economic woes flock to opposition Labour and a right-wing anti-European fringe party.

The International Olympic Committee, IOC, criticized on Friday an Argentine television spot that links the London Games to Argentina's sovereignty dispute with Britain over the Falkland Islands, calling it a blatant attempt to use the games for political purposes.