Russia and Argentina new BFF?

  • Putin courting Argentina - seen as more strategic than commercial - a tier 3 friendship for Russia.
  • Putin looking for political allies anywhere (Ukraine crisis has left him with few friends in the west) and is seeking to strengthen relations with countries historically antagonistic to the US.
  • Argentina's Cristina Fernández looking for potential investors anywhere (her standoff with hedge funds over Argentine debt has left the international investment community wary).

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