Presidency of Cristina Fernández de Kirchner sliding scale; at the event, Kirchner called on farmers to act "as part of a country, not as owners of a country." In April 2008, on the 26th anniversary of the Falklands War, Kirchner stepped up Argentine claims to the Falkland Islands. She called Argentina's rights to the islands "inalienable". The large majorities in the Argentine Congress enjoyed by the Front for Victory could not ultimately guarantee a legislative blank check: on July 16, 2008, the presidentially sponsored bill met with deadlock, and was ultimately defeated by the tie-breaking "no" vote of Vice President Julio Cobos himself. The controversy cost
Repsol of the massive Vaca Muerta shale-gas field. The board of the Repsol firm unanimously rejected this offer, as it would have caused them to drop a $10.5 billion lawsuit that was in progress against the Argentine government. Repsol at the time owned 6.4% of the YPF oil-and-gas company. On 25 February 2014 the Repsol board announced it had accepted a settlement offer from the Argentine government of an issue of Argentine bonds valued at $5 billion. The deal concluded after 3 months of negotiations in Buenos Aires was subject to shareholder approval. The agreement ended two years of legal wrangling