 AP Photo Roughly 20 years ago, an important Argentine minister startled a newly arrived Brazilian ambassador by telling him that “Argentina is prodigal in three things: meat, wheat, and insane gestures.” The decision to expropriate 51% of YPF. . . TAGGED: global oil market, Politics, oil industry, oil, Argentina, Project SyndicateRECOMMENDED ARTICLES| The expropriation of nearly all of the Spanish company Repsol’s stake in Argentina’s energy producer YPF, announced in a vehement speech by President Cristina Fernández de Kirchner, has raised legal alarms... more ›› |
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| Argentine president Cristina Fernández de Kirchner cannot claim to be the only world leader to lash out against oil speculators this week. Last Tuesday President Obama used an appearance in the White House Rose Garden to do... more ›› |
| Argentina’s Lower House voted on Thursday to approve the expropriation of 51 percent of YPF SA, the country’s largest oil company. Expect more international outrage in weeks to come, when President Cristina Fernandez de... more ›› |
| The decision by President Cristina Kirchner of Argentina to seize a majority stake in the oil and gas company YPF SA from Spain's Repsol YPF SA shocked analysts and investors around the world, worsening confidence in Argentina's... more ›› |
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