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Topics => World/Foreign Affairs => Topic started by: Libertas on April 19, 2012, 09:25:43 PM

Title: Argentina's Cristina Kirchner Nationalizes Gas Outfit YPF
Post by: Libertas on April 19, 2012, 09:25:43 PM
The government statement indicates that YPF Gas "plays an essential role in Argentina's hydrocarbon policy."

http://ca.news.yahoo.com/argentina-orders-seizure-another-repsol-unit-175049979.html (http://ca.news.yahoo.com/argentina-orders-seizure-another-repsol-unit-175049979.html)

The way things are going I could see more of this activity going on, tiff's like this ensure it, and shooting wars have begun over less.
Title: Re: Argentina's Cristina Kirchner Nationalizes Gas Outfit YPF
Post by: charlesoakwood on April 19, 2012, 09:48:30 PM

Guess no American companies were down there.  Shades of Venezuela.  Vuvuzela Argentina!

Before WWII they were bigtime competitors of the USA, up and coming they were. 
Guess those National Socialists showed them a better way.

Title: Re: Argentina's Cristina Kirchner Nationalizes Gas Outfit YPF
Post by: Glock32 on April 19, 2012, 11:26:20 PM
It also sounds like they might make a play for the Falklands again.  They are wagering -- quite possibly correctly -- that Britain no longer has the ability to project enough force that far away, and that Obama having already tossed Britain under the bus on the whole issue would do nothing to stop it either.
Title: Re: Argentina's Cristina Kirchner Nationalizes Gas Outfit YPF
Post by: Sectionhand on April 20, 2012, 03:45:46 AM
It also sounds like they might make a play for the Falklands again.  They are wagering -- quite possibly correctly -- that Britain no longer has the ability to project enough force that far away, and that Obama having already tossed Britain under the bus on the whole issue would do nothing to stop it either.

Correct on both counts .
Title: Re: Argentina's Cristina Kirchner Nationalizes Gas Outfit YPF
Post by: Libertas on April 20, 2012, 07:30:50 AM
Agreed, I could easily see that happening.