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  7. Argentina as No Claims-Nation Revealed in Repsol Losses: Energy

Argentina as No Claims-Nation Revealed in Repsol Losses: Energy

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14 May 2012 16:55 #86919 by chairman
Repsol YPF SA (REP), the Spanish oil explorer seeking $10.5 billion from Argentina for seizing its assets, will line up behind companies from Exxon Mobil Corp. to Unisys Corp. (UIS) yet to be repaid by the most-sued nation on earth.

There are 26 cases pending against Argentina, more than any other country, at the World Bank’s International Centre for Settlement of Investment Disputes in Washington, the principal arbitration court for claims against sovereign countries. So far, it has refused to pay any of the tribunal’s judgments, according to a Bank of America Merrill Lynch economists’ report.

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14 May 2012 17:05 #86920 by chairman
i bet mapoui would agree argentina did the right thing
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14 May 2012 21:08 #86933 by mapoui

well its known what I think its more important what yu think!

so? ::eek::

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14 May 2012 22:28 #86935 by chairman
if you want to nationalize . you need to pay the company
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15 May 2012 02:15 #86943 by mapoui

nonsense!  corporations are all illegal activities.  and when deh want something they destroy whole nations to get it.

no freaking compensation!  drive them out, take them over. eliminate them.

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