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Argentina doesn't have a leg to stand on IMO. The Islands are 400 miles off of the Argentine coast, which is kinda like the UK claiming they own Iceland... Kinda. Also, the people of the country would prefer UK rule, so I don't see how any Global body could support the Argentine claim. However, if there is 60 billion barrels of oil found beneath the seabeds surrounding the Falklands ($7.2 trillion dollars worth using current oil prices or 15x Argentinas annual GDP) then, unless both governments can come to an agreement of sharing the money generated from it, then god knows what will happen... War perhaps? S. American bloc vs European (/US potentially) bloc. Very unlikely, but possible, especially considering nut-jobs like Hugo Chavez have a lot of political sway in South America.