Nationalization of oil supplies In April 2010, Argentina's president Cristina Fernández de Kirchner introduced a bill on April 16, 2012, for the expropriation of YPF, the nation's largest energy firm. The state would purchase a 51% share, with the national government controlling 51% of this package and ten provincial governments receiving the remaining 49%. Investment in exploration at YPF as a percentage of profits had been far below those in most other Repsol subsidiaries, and declines in output at the firm represented 54% of the nation's lost oil production and 97% in the case of natural gas. Market analysts and Repsol blamed the decline
Cristina Fernández de Kirchner Argentine claims in the Falkland Islands sovereignty dispute. British Prime minister David Cameron rejected her comments. Relations were also strained by recent oil explorations in the area, and Kirchner threatened to sue Rockhopper Exploration for it. The Falkland Islands celebrated a sovereignty referendum in 2013, where 99.8% voted to remain a British territory, with only three votes against. Kirchner ignored the referendum. When Archbishop Jorge Bergoglio was elected as Pope Francis, the initial reactions were mixed. Most of Argentine society cheered it, but the pro-government newspaper "Página/12" published renewed allegations about the Dirty War, and the president of the National