Soldato
- Joined
- 7 Jan 2007
- Posts
- 10,607
- Location
- Sussex, UK
The alternative is to not nuke Argentina.
That is not viable...
The alternative is to not nuke Argentina.
The alternative is to not nuke Argentina.
Pah!
Any real alternatives?![]()
Is it time to nuke Argentina? What alternative is there?
O/T, but why has this thread been renamed?![]()
The real question would be if we did nuke argentia, where will greggs get its corn beef for my wenseday morning pasty??
Been there, done that, got the t-shirt.
Cristina Fernandez, Argentina’s president, announced on live television that the takeover of YPF would go ahead. She revealed that a bill had already been sent to Congress that would allow nationalisation of 51pc of the company, which is Argentina's largest oil group.
Repsol had been expected to lose half its 57.5pc stake in YPF, but the country will now confiscate almost its entire shareholding.
Ms Fernandez said that pressure from foreign governments would not change her mind and she was acting in the national interest. “I am a head of state and not a hoodlum,” Ms Fernández said in her television address.
Spain, which has several sizeable operations in Argentina, warned that it would take "clear and forceful measures" in response. "It's a hostile decision against Repsol, thus against a Spanish business, and thus against Spain," Jose Manuel Soria, Spain's industry minister, said at the same news conference.
In Madrid, Jose Manuel Garcia-Margallo, Spain’s foreign minister, said measures against Argentina would be announced in the next few days.
“This has broken the climate of friendship that existed between Spain and Argentina,” Mr Garcia-Margallo added. “Spain had worked with Argentina during its hardest hours.”
The Argentine government has been tightening the noose on Repsol over recent months, withdrawing operating licences and accusing the company of failure to invest adequately in its Argentine operations. Repsol has denied these claims.
Spain is one of the biggest foreign investors in Latin America. Banking groups Santander and BBVA, and telecoms giant Telefónica have operations in Argentina.
Analysts at Investec said Repsol had been "tangoed" by Argentina's actions, and moved the stock to sell, from hold.
Stuart Joyner, an analyst at Investec, said: "We had hoped that Argentina would pull back from this extreme action, but, now that this is apparently off table, our worst case scenario values Repsol (with YPF at zero) at €15.62 [...] At a minimum, Repsol is now set to lose control of YPF and, of course, any compensation seems set to be at current depressed prices."
Given the name change, I thought I'd post some interesting resources I've used for my own research.
Here is a timeline of the Falklands war. It's in depth, and makes for interesting reading...
http://www.falklands.info/history/82timeline.html
Here is a map of the Falklands. It highlights everything from battlegrounds to where ships were hit and sunk. (extends further than just the Falklands war if interested)
http://wikimapia.org/#lat=-51.7194782&lon=-59.3769837&z=9&l=0&m=b
She really is a complete loon. At least this is going to turn more countries against Argentina.
Talk about cutting off your nose to spite your face, what a moron.