Repsol nationalize its oil and gas production. Results however show that the move to nationalize actually hurt oil production in Argentina. Compared to the oil production in 2011, YPF’s oil production in 2012 fell by 8%, according to data from Argentina’s Department of Energy. Repsol had the backing of the EU and the US, and both powers condemned Argentina’s move as expropriation. President Fernández claimed that the state would seize 51% of YPF. In June 2013, Repsol rejected a $5 billion proposal from Argentina to compensate for the 2012 expropriation. The proposal also would have given Repsol drilling rights to 6.4%
Cristina Fernández de Kirchner case of money laundering. According to a criminal complaint by opposition deputy Margarita Stolbizer, his company Valle Mitre S.A. has rented 1,100 rooms per month, for years, at the Hotesur and Alto Calafate hotels, but without occupying them. These hotels, located in the city of El Calafate, belong to the Kirchners. The administration of Cristina Kirchner continued the trials of military personnel involved in the Dirty War, started by her husband. There have been more than 500 people sentenced, and 1,000 convicted, in a process that was unprecedented in Latin America. De facto president Jorge Rafael Videla, who was convicted