Argentina’s Point of No Return
By Juan Carlos Hidalgo
The most important development this week in Latin America is the decision of the Argentine government to seize control of Yacimientos Petrolíferos Fiscales (YPF), the country’s largest oil company. On Monday, President Cristina Fernández de Kirchner announced the expropriation of the controlling stake of YPF that is owned by the Spanish company Repsol. The Spanish [...]
Argentina’s Point of No Return is a post from Cato @ Liberty – Cato Institute Blog
