Oil - Argentina upping the ante...
 

http://www.bbc.co.uk/news/business-17732910

That'll go down well in Madrid.

Re: Oil - Argentina upping the oil ante...
 

She really is a idiot who is not fit to run her country.:td:

Re: Oil - Argentina upping the ante...
 

What the heck?

Reminds me of - http://www.weeklygripe.co.uk/a338.asp
heh

Re: Oil - Argentina upping the ante...
 

I wonder if it'll be 'welcomed' by the foreign companies and investors her country so badly needs to keep it afloat. :rolleyes:

Re: Oil - Argentina upping the ante...
 

I do not understand their motivations? Why would they want to alienate/antagonise another country? Especially one more likely to be receptive to their Falklands claim...

Re: Oil - Argentina upping the ante...
 

Maybe they would use YPF to drill for oil in the Falklands?

That have been taking back control of businesses they have sold off for some time now (like their national airline)

Also, I think that Spain has now joined our side in the issue of the Falklands!

Re: Oil - Argentina upping the ante...
 

Kirchner is a third-division amateur when it comes to geopolitics. As with the Falklands issue, this move is all about internal Argentine concerns. When it comes to foreign affairs, she seems to think all she has to do is tell other governments how she sees things and watch them fall into line behind her.

Re: Oil - Argentina upping the ante...
 

So she really is that stupid?

I don't understand the legalities of this anyway, how can a government take a controlling stake in another country's company?

Re: Oil - Argentina upping the ante...
 

For an example of how states can, and do, nationalise foreign-owned assets located in their territories, see "Suez Crisis".;)

And yes, she really is that stupid. Right now, she can't quite understand why the British delegation still hasn't turned up to talk about the Falklands.

Re: Oil - Argentina upping the ante...
 

She's doing what many desperate leaders have done - dredging up a populist cause in order to deflect scrutiny of her own performance and her country's internal problems. Her predecessors in the 1980s made the same mistake for the same reasons.

Re: Oil - Argentina upping the ante...
 

Thanks to her, Argentinas allies are dropping in number, which is good news for our claim to the Falklands

---------- Post added at 15:08 ---------- Previous post was at 15:02 ----------

It's not the first Spainish asset to be nationalized, in 2008 they took back control of AerolÃ*neas Argentinas (Their National Airline) from Spanish based Grupo Marsans (who owned Air Comet until it went bust in 2009)

http://en.wikipedia.org/wiki/Aerol%C...:_2008-onwards

Re: Oil - Argentina upping the ante...
 

Alan the Falklands are ours full stop and thats the end of it.

Re: Oil - Argentina upping the ante...
 

Yes I know that, but a lot of the worse disagrees, like nearly all of South America and Spain (for now)

Re: Oil - Argentina upping the ante...
 

But they can disagree and mouth off all they like because its all talk and nothing else.

Re: Oil - Argentina upping the ante...
 

True, but the more people on our side the better for us

Re: Oil - Argentina upping the ante...
 

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

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

Re: Oil - Argentina upping the ante...
 

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

Re: Oil - Argentina upping the ante...
 

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

This could be interesting.

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.

Re: Oil - Argentina upping the ante...
 

Or 'wine' about... :D

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.