Argentina has presented a formal note of protest to the UK ambassador over the naming of a large area of Antarctica as Queen Elizabeth Land.The note handed over by the foreign ministry to John Freeman in Buenos Aires criticised the UK's "anachronistic imperialist ambitions that hark back to ancient practices".The newly named area has long been claimed by Argentina as its own, along with other contested areas in the south Atlantic including the Falkland Islands, which Argentina claims as Las Read more [...]

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An Argentinian navy ship detained for 10 weeks in Ghana because of a dispute with a US-based "vulture fund" has finally set sail from west Africa.Cristina Fernández, the president of Argentina, welcomed the end of the diplomatic crisis, describing the vessel as "a symbol of sovereignty and national dignity".The ARA Libertad, a three-masted sailing vessel used for training, had been visiting Ghana as part of a west African tour and had been due to sail on to Angola when it was detained on 2 Read more [...]

YPF President Miguel Galuccio and Chevron’s Latin America and Africa chief, Ali Moshiri, signed a letter of intent to start on a shale pilot project by drilling more than 100 wells within 12 months in the Vaca Muerta area of Patagonia. YPF hopes the effort will help it boost production to meet Argentina’s growing energy demands. The companies said the pilot project will cost a shared $1 billion, while it could take more than $15 billion for full development of the Vaca Muerta (“Dead Cow”) Read more [...]

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The holidays seem to inspire belligerence instead of cheer in Cristina Fernández de Kirchner, Argentina’s president. She has spent most of the southern-hemisphere spring battling with her country’s foreign creditors, media companies and trade unions. Now, in a worrying sign for the health of Argentina’s democratic institutions, she has picked a fight with the judiciary as well.The independence of Argentina’s courts has always been precarious. During the 1990s Carlos Menem, then the Read more [...]

Grupo Clarin has called Fernandez’s bid to break it up an illegal attempt to silence one of the government’s leading critics and to stifle press freedom.Martin Sabbatella, the head of the government media regulation body, said on Monday that the government will make the conglomerate and other companies comply with the law, which bars any company from owning too many different media properties.It comes after a lower court judge ruled Friday that a three-year-old law against media monopolies is Read more [...]

Argentina's government told the country's largest media conglomerate on Monday that it has begun a process to break up the company and auction off its media licenses. Grupo Clarin is one of the government's leading critics and has battled with President Cristina Fernandez for years. Fernandez argues that it is a corporate monopoly and has funded a booming network of pro-government newspapers and stations to challenge Clarin's dominance. Martin Read more [...]

Ghana has been ordered to release an Argentinian frigate that was impounded more than two months ago over a legal dispute between a US-based investment firm and the government of Argentina.A panel of four judges at the international tribunal for the law of the sea unanimously ruled on Saturday (pdf) that the Ghanaian authorities must release the ARA Libertad from Tema, near the capital Accra, and allow its stranded crew to leave the port.The vessel arrived at Tema on 1 October, but was prevented Read more [...]

Argentina faces the prospect of eviction from the world economic community after its apparent failure to respond to a three-month deadline set by the International Monetary Fund to produce accurate inflation and growth statistics.Ejection from the IMF could lead to a variety of economic and political penalties, including exclusion from the G20 of industrial nations. IMF rules state that member states "must not co-operate with a non-member in practices that would be contrary to … the purposes Read more [...]