Argentine President Cristina Fernández is expected to make an announcement related to the Falklands/Malvinas Islands and most probably oil exploration on Tuesday afternoon, reports the Buenos Aires press.
YPF SA shares fell the most in 20 months after newspaper Pagina/12 said Argentine officials discussed a takeover of the country’s biggest oil producer, following a controversy with the oil industry over alleged fuel-price fixing and lack of investment which doubled the country’s fuel imports bill to 9.4 billion dollars in 2011.
President Cristina Fernandez has more power than Juan Domingo Peron “ever had” and Peronism in Argentina is guarantee of governance, according to Carlos Corach a former Interior minister from former President Carlos Menem administration and a respected solicitor and political analyst.
Fully recovered from the thyroidectomy and with her irony sharp as ever, Argentine President Cristina Fernandez, CFK, resumed office on Wednesday and in an hour plus colloquial speech in Casa Rosada spent a good twenty minutes talking about Malvinas, colonialism and promised more rigour in the campaign to have the UK sit and discuss Falklands sovereignty.
All bridges with the government are not broken, said a representative from Argentina’s powerful organized labour adding he expected relations will improve since both union and business leaders “know how far they can go” when it comes to collective bargaining.
As a demonstration of support for Argentine President Cristina Fernandez who will undergo surgery for a thyroid carcinoma, the youth branch of the ruling Argentine Peronist Party has invited the Argentine people to donate blood to local clinics and hospitals.
In a high voltage exchange with Argentine President Cristina Fernandez, the head of the powerful organized labour unions CGT, Hugo Moyano said he was stepping down from all his posts in the ruling Peronist movement since it had become “an empty shell void of Peronism” but would continue fighting for the workers movement which is the essence of Peronism.
Uruguay has banned the docking of Falklands/Malvinas flagged vessel in the port of Montevideo, following on complaints from Argentina that several fishing vessels with that flag, in recent months had been operating from Montevideo.
Argentine President Cristina Fernández will make an official visit to Santiago to meet with her Chilean counterpart, Sebastián Piñera at the end of January next year, it was announced Tuesday.
Uruguayan President José Mujica, 76, announced he would not be attending President Cristina Fernández inauguration ceremony on Saturday after his doctor recommended he should rest for the next few days. His wife, First Lady and Senator Lucía Topolansky will be attending instead.