Cable Forum - Oil - Argentina upping the ante...

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- - Oil - Argentina upping the ante... (https://www.cableforum.uk/board/showthread.php?t=33687030)

Osem	18-04-2012 11:45

Re: Oil - Argentina upping the ante...

Quote:

Spain has threatened retaliation against Argentina over the forced nationalisation of oil firm YPF, raising the prospects of a trade war between the nations...

... Spain's Industry Minister Jose Manuel Soria said it was considering unspecified action on diplomacy, trade, industry and energy.

http://www.bbc.co.uk/news/business-17753963

Looks like Kirchner's going to be spinning an increasing number of plates...

Alan Fry

18-04-2012 11:51

Re: Oil - Argentina upping the ante...

Quote:

Originally Posted by Osem (Post 35415572)

http://www.bbc.co.uk/news/business-17753963

Looks like Kirchner's going to be spinning an increasing number of plates...

If she wanted to take back control of YPF so badly, se could have bought the stake off then, but they would not be too keen anyway

Osem	22-04-2012 18:46

Re: Oil - Argentina upping the ante...

Quote:

The European Parliament has passed a resolution condemning a nationalisation that has strained relations between Spain and Argentina.

Quote:

The resolution asks the European Commission to consider a "partial suspension" of tariffs that benefit Argentine exports into the EU.

http://www.bbc.co.uk/news/business-17783208

This could be interesting.

Chris

22-04-2012 18:48

Re: Oil - Argentina upping the ante...

Great. It's about time Kirchner learned what international political relations is all about. She needs her generously-proportioned rear handed to her on a plate.

Osem	23-04-2012 08:18

Re: Oil - Argentina upping the ante...

Quote:

Originally Posted by heero_yuy (Post 35418024)

It'll give her something else to beef about. :D

Or 'wine' about... :D

Maggy

23-04-2012 14:00

Re: Oil - Argentina upping the ante...

Meanwhile my Argentine chum is rather more worried about attacks on the free press in Argentina than viewing this latest action with any credibility.
He insists they are trying to deflect public interest away from corrupt behaviour of the present government and he doesn't believe that once the elections are finished that anything will come of demands for the Falklands.

All times are GMT. The time now is 06:15.

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