Argentina Starts A Trade War Against Britain Over The Falklands

Argentina Threatens To Sue Banks Helping Falklands Oil Explorers As Trade War With Britain Escalates -- The Telegraph

A group of British and American banks have been threatened with legal action by the Argentine government for advising and writing research reports about companies involved in the Falkland Islands’ £1.6bn oil industry.


In what amounts to the start of a new trade war between the UK and Argentina, the banks - understood to include the Royal Bank of Scotland, Barclays Capital and Goldman Sachs - have been warned they face criminal and civil action in the Argentine courts.

The threats were made in a series of letters sent to as many as 15 banks by the Argentine embassy in London over the last ten days.

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My Comment: These legal actions will not succeed .... Argentine President Cristina Kirchner is playing to her own domestic audience.