Shale Drilling Set To Take Off In Argentina

The economy in Argentina is best described as a “pendulum”, going from loose economic policies in the ‘80s to Washington-consensus liberalisation in the ‘90s and back again under the Kirchner regime. Since the current president Macri took office in December 2015, he has been reversing the policies of his predecessor and has focused on boosting the economy with free-market measures through eliminating currency controls and lowering utility subsidies. In March, the government also announced a US$7.50 per barrel subsidy on exported oil while Brent remained below US$47.50 per barrel to attract foreign investment. Continue reading

Iran’s Past and Future Presence in Latin America

Investigations into past Iranian terrorist attacks in Argentina reveal the extent of its terror network in Latin America and its determination to sponsor global chaos.

On July 18, 1994, a Hezbollah suicide bomber operating under directions from Iran, rammed a truck laden with 600 pounds of explosives into the Asociación Mutual Israelita Argentina (amia) building—a Jewish community center in Buenos Aires. The ensuant blast killed 85 people and wounded more than 300 others.

Nearly 22 years later, the amia bombing remains as the worst terrorist attack in Argentine history, and it is largely unsolved. But the bombing is arguably the most revealing of the extent of Iran’s terror outreach beyond the borders of the Middle East.

As Iran has expanded and spread its acts of terrorism and its hatred for Jews all over the Earth, even right up to the United States’ backdoor, it simultaneously has worked hard to cover its tracks and present itself as a pragmatic international partner. Terrifyingly, Iran has scored some successes: The world’s number one state sponsor of terrorism is now essentially an ally of the U.S. and the West.

Time will prove that to be a fatal mistake. Continue reading

Argentine President: Obama Administration Tried To Convince Us To Give Iran Nuclear Fuel

Kirchner said that two years into Obama’s first term, his administration sent Gary Samore, former White House Coordinator for Arms Control and Weapons of Mass Destruction, to Argentina to persuade the nation to provide Iran with nuclear fuel, which is a key component of nuclear weapons.

Kirchner said that two years into Obama’s first term, his administration sent Gary Samore, former White House Coordinator for Arms Control and Weapons of Mass Destruction, to Argentina to persuade the nation to provide Iran with nuclear fuel, which is a key component of nuclear weapons. Continue reading

Grinning Putin signs ANTI-UK military pact with ARGENTINA over Falklands

ARGENTINA’S president has praised Russian support for her country’s claim of sovereignty over the Falkland Islands, risking a fresh diplomatic spat with the UK.

She said: “We thank Russia for the support it has historically provided in the Malvinas question, in having the resolutions of the United Nations observed so the United Kingdom resolves to sit in the table to dialogue.”

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Argentina president Kirchner cosies up to Putin in Moscow as they agree military deal

THEY both have a volatile relationship with Britain – and now Russia and Argentina look set to further cement their budding relationship.

Argentine President Cristina Fernandez de Kirchner will meet with Russian leader Vladimir Putin at the Kremlin later today, where the pair are expected to sign a string of deals on trade, energy and military cooperation projects.

In particular, the Russian energy giant Gazprom is expected to agree a deal to make energy investments in the South American country with Argentine oil company YPF. Continue reading

Putin, de Kirchner to sign statement on comprehensive strategic partnership

MOSCOW, April 23. /TASS/. Russian President Vladimir Putin will have talks with visiting Argentinian President Cristina Fernandez de Kirchner in the Kremlin on Thursday. The talks are expected to yield about 20 cooperation documents. The two leaders will put their signatures under a statement on establishing comprehensive strategic partnership. Continue reading

Only mass default will end the world’s addiction to debt

As global debt rises off the scale, creditors stand to take a huge hit in a threatened tsunami of defaults

Nonetheless, where Argentina treads, others will surely soon be following. The world is sinking under a sea of debt, private as well as public, and it is increasingly hard to see how this might end, except in some form of mass default. Continue reading

Alberto Nisman had arrest warrant for Argentina’s President when found dead

Alberto Nisman, 51, was found dead in his apartment on January 18 with a single gunshot wound to the head and no suicide note. It was hours before he was due to testify to Congress about the President’s role in allegedly covering up details of a 1994 bombing at a Jewish centre which killed 85 people and injured 200.

Lead investigator in the case of Mr Nisman’s death Viviana Fein confirmed the 26-page draft document calling for the arrest of President Kirchner and foreign minister Hector Timerman was found in the rubbish at Mr Nisman’s apartment.

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Former Mossad chief: Iran murdered Argentine prosecutor

Says assassination linked to 1992 Israeli embassy bombing

During a radio interview to be aired Sunday night, former Mossad chief Shabtai Shavit suggested Iran may have “directly or indirectly” murdered an Argentine prosecutor who threatened the blow the lid off Iran’s involvement in a pair of deadly bombings in Buenos Aires.

In a transcript of Shavit’s interview obtained by WND and scheduled to air on “Aaron Klein Investigative Radio” on New York’s AM 970 The Answer, the former Israeli intelligence chief said his years of experience lead him to suspect Iran is behind the death of Argentine prosecutor Alberto Nisman. Continue reading

Argentina ‘will seek to punish’ firms that drill for Falklands oil

New Malvinas secretary says Buenos Aires will defend its claim to islands and surrounding waters in international courts

Argentina will seek legal punishment, including prison sentences, for anyone who drills for oil in the Falklands and the surrounding waters it claims as its territories, the country’s newly created Malvinas secretary has told the Guardian. Continue reading

Falkland Islanders have the right to choose their future

While we in the Islands have grown well accustomed to political rhetoric from Buenos Aires over the years, these latest moves have seen everyday life made that bit harder, with the selection of food on the shelves changing, and becoming more expensive, as we have had to find new suppliers for everyday goods. But, we Falkland Islanders are resourceful people and will not be defeated by political and economic bullying. We remain resolute in our desire to maintain neighbourly relations with all our South American neighbours, including Argentina, for mutual benefit. During the 1990s, significant progress had been made in our relationship with Argentina; agreements had been reached on conservation of fish stocks and on oil exploration but Argentina unilaterally withdrew from these, something we deeply regret.

With the eyes of the world on the South Atlantic in recent weeks, one unified message continues to come from those that live in the Islands; that is our right to self-determination. The people of the Falkland Islands remain a British Overseas Territory by choice. It is our constitutional right and a fundamental freedom enshrined in the UN Charter. This right to self-determination is a value that is protected and promoted by democratic powers the world over; the Falkland Islands are no different. We are happy to talk, but our sovereignty remains non-negotiable.

Full article: Falkland Islanders have the right to choose their future (MercoPress)