Many Argentinians are in favour of President Kirchner’s expropriation of oil company YPF, but what impact will it have on the beleaguered nation’s economic growth? AAP

Why Argentina’s oil grab is a massive economic gamble

In mid-April, in the largest nationalisation since Russia’s acquisition of Yukos in 2003, Argentina’s President, Cristina Fernández de Kirchner, seized a majority stake in the oil company Yacimientos Petrolíferos…
2500 US Marines will be deployed near Darwin in coming years, but we could also see an expanded American military presence elsewhere in northern Australia. AAP/Malone

History repeating: Australian military power in the Cocos Islands

Negotiations are underway that could see some the US military’s most advanced drone aircraft based on the Australian Indian Ocean territory of the Cocos Islands. Combined with discussions around having…

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