Cristina Fernandez de Kirchner

Repsol shares fell by 6 percent yesterday in response to Monday's announcement that Argentine President Cristina Fernández de Kirchner intends to nationalize YPF SA, Argentina’s biggest oil and gas producer.

Top stories this week are likely to include: the World Bank presidency goes to a vote; Secretary Clinton in Brazil; Repsol proposes talks with CFK; Chávez authorized for 90-day leave; and the possibility of progress in drug-related violence.

On April 2, 1982, Argentina and the United Kingdom started a brief war over two small islands off the Argentine coast. Beyond national pride, why do both countries continue to let this dispute affect bilateral relations?

Beginning today, units of the Argentine Federal Police (also known as La Federal) will begin leaving their posts at subway stations across Buenos Aires and by mid-March will be removed from highway posts surrounding the city.

As part of a plan to improve the state of the country’s finances, the Argentine government announced yesterday that it will cut over $800 million in utility subsidies that homes and businesses receive.

Argentine President Cristina Fernández de Kirchner was re-elected on Sunday with 53.2 percent of the vote, a larger share of votes won than any president since the restoration of Argentina’s democracy in 1983.

The sixty-sixth session of the United Nations General Assembly’s (UNGA) general debate began this morning in New York.

Chaco Governor Jorge Capitanich of the Partido Justicialista (PJ) was re-elected on Sunday by a margin of approximately 35 percentage points over his opponent, Roy Nikisch of the Unión Cívica Radical (UCR).

Argentine President Cristina Fernández de Kirchner (CFK) will travel today to Salto, Uruguay, to meet with her Uruguayan counterpart José Mujica.

At a time of global uncertainty, Argentineans voted for continuity on August 14.


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