WHat is the big deal for the el clarin argentina making news?”
Former Argentine President Nestor Kirchner Thursday slammed the country’s largest media conglomerate, Grupo Clarin (GCLA.BA), saying it’s a monopoly that’s abusing its power and muddying Argentina’s politics. The former president, who is widely believed to exert significant influence over the administration of his wife and successor, Cristina Fernandez, said he will do everything necessary to reduce Clarin’s power. “I’m not afraid of anyone,” Kirchner said in response to a Clarin reporter’s question about Kirchner’s unusually large pension. “If they want to insult me, they can insult me. If they want to attack me, they can attack me. They can insult me everyday, but everyone should know that they’re doing it to maintain their monopoly, to maintain their position, to keep the privileges that they have.” Kirchner repeatedly named the group’s owner and director, saying he isn’t afraid of them or their power. The government and Clarin have been engaged in an increasingly epic battle this y
