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
YPF Investment in exploration at YPF as a percentage of profits had been far below those in most other Repsol subsidiaries. Market analysts and Repsol blamed the decline in exploration and production on government controls on exports and prospecting lease awards, and price controls on domestic oil and gas. Political risks and government intervention, including price controls, have discouraged foreign investment in oil production in Latin America in general. President Cristina Fernández de Kirchner raised YPF frequently in speeches during March 2012, claiming that underinvestment and excessive dividends at the firm had caused declines in output. Governors in six fossil-fuel producing