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Democracies can stop predatory financiers – Argentina has shown how | Richard Drayton
Brussels :: Belgium | 1 year ago
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President Kirchner holds a sample of the first petroleum extraction in Argentina as she announces that YPF is subject to expropriation. Photograph: Daniel Garcia/AFP/Getty While Europe forces yet more privatisation on Greece and Spain under the
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Spain dismay at Bolivia takeover
Santa Cruz :: Bolivia | 1 year ago
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Spain's economy minister has expressed disappointment with Bolivia's nationalisation of a Spanish-owned electric power company. Luis de Guindos said the takeover risked making Bolivia less attractive for Spanish investors. But he said Bolivia had
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Spain slams Bolivia power grid nationalization
Madrid :: Spain | 1 year ago
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Spain has warned Bolivia that its nationalization of a Spanish company that owned most of its electricity grid will hurt the Latin American country's image among international investors. But Economy Minister Luis de Guindos drew
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Bolivia Seizes Local Assets of Spanish Utility
La Paz :: Bolivia | 1 year ago
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Bolivia on Tuesday seized control of the assets there of Red Electrica de Espana, a Spanish utility, a decision that the country's president, Evo Morales , said was part of broader efforts to regain ownership of Bolivia's natural resources and basic
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YPF pledges to keep gas flowing
Buenos Aires :: Argentina | 1 year ago
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YPF vows to deliver gas as Repsol cancels deliveries The oil nationalisation has been popular with Ms Fernandez's supporters Argentine oil firm YPF has vowed to keep providing gas supplies as the dispute over its forced nationalisation continues. The
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Argentina Backs Nationalization of YPF Oil Firm
Buenos Aires :: Argentina | 1 year ago
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April 26, 2012 General view of the Salon Azul of the National Congress in Buenos Aires on April 18, during the second day of senate hearings to discuss the bill to expropriate Spanish oil company Repsol's YPF subsidiary. (Daniel Garcia/AFP/Getty
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Argentine Senate nears approval of YPF takeover
Buenos Aires :: Argentina | 1 year ago
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Argentina (AP) — Argentina's Senate is debating whether to approve the forced takeover of the YPF oil company from Spain's Repsol. The expropriation bill is expected to pass easily. President Cristina Fernandez's allies control
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Argentine Senate set to approve YPF takeover bill
Buenos Aires :: Argentina | 1 year ago
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Argentine senators on Wednesday were set to approve the nationalization of the country's biggest oil company, underscoring broad domestic support for a move that sparked outrage among foreign investors and trade partners. President Cristina Fernandez
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Argentina's YPF cuts computer links with Repsol
Buenos Aires :: Argentina | 1 year ago
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A sign with the YPF Gas logo is seen outside a gas distributor in Moreno, Buenos Aires province, April 19, 2012. Argentina has included a Repsol-controlled company called YPF Gas in a government-sponsored bill to nationalize YPF, the country's
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Energy crisis provokes Argentine YPF expropriation
Buenos Aires :: Argentina | 1 year ago
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Argentina (AP) — Less than a decade ago, Argentina was an exporter of oil and natural gas. Now the government has to spend billions of dollars to import fuel. This dramatic reversal of fortune is why Argentina, already a global
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