US and EU concerned with “investment climate” following Bolivia’s seizure of Spanish power company
Bolivian President Evo Morales Government’s decision to nationalize the main power transport company that was in hands of Red Eléctrica Española (REE) generated claims from Spain, while United States and the European Union showed their “concern.”
The US government showed its “concern” over the decision announced by the Bolivian President to expropriate the REE shares of the power transport company Transportadora de Energía (TDE) and considered it “tarnishes the investment climate” in the country.
“We are concerned for the Bolivian government decision to nationalize TDE, which comes shortly after the Argentine announcement (to expropriate YPF),” US State Department spokesman Mark Toner assured during a press conference on Wednesday.
Similarly, the European Union expressed its concern. “The European Committee is worried about the decision of the Bolivian government to nationalize TDE, and is closely following the situation,” John Clancy, spokesmen of the trade bloc, said during the daily press conference held at the European Committee headquarters.
Brussels considered it as a negative move: “actions like these send a negative signal to the international investors over the investment climate in Bolivia,” it stated.
Meanwhile, he expressed Brussels is confident that “Bolivian authorities will respect the investment accords with Spain and guarantee a rapid and adequate compensation for this expropriation.”
Speaking in Brussels Economy Minister Luis de Guindos criticised the move by Bolivia, but said the country had guaranteed Spain compensation.
”The Spanish government does not like these sorts of decisions as we believe it's fundamental to maintain legal security when investing in countries like Bolivia”.
The nationalization could not come at a worse time for the Spanish government, the owner of 20 percent of Red Electrica, as it faces a recession, mass unemployment and investor concerns it will be the next Euro zone country to need a bailout.
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...Oh, but Bolivia is investing in its own space industry... (not fiction)
Eventually they will need someone and it will be more increasingly expensive to do so, although China is at the door with its tail wagging...
It's become another snappy but meaningless phrase to them. This article has nothing to do with self determination.
In the last few weeks both Argentina and Boliva have 'stolen' companies that belong to the Spanish.
It seems to me that you are all hell bent on burning all your bridges and connections to the mother country and flouting international law and business practices.
That's fine, that's your respective countries perogative, but don't expect a happy ending when the international community stop playing nice and start getting serious. As always the ordinary people will suffer for these insane policies.
GreekYoghurt: Do you know the address to send ammunition to Conqueror?
(When not using their Khukuri knives , Gurkhas like to use hollow points, but whatever Conqueror wants...)
I wondered what was familiar about that crap! I think you are correct.
This 'Marine Engineer' whose qualifications could not get him into the Institute of Marine Engineers in the UK: most of his cohort are out of jobs and advertising in LinkedIn, is not Uraguayo. That much is clear.
Looks like I migh be banned with you and GreekYoghurt after this! Good company then. :o)
This has happened in PEMEX the mexican state oil company, PDVSA the Venezeulan state oil company and the same will happen to YPF.
And why not? Must they be down forever?
And Evo Morales is starting a space program.... check out the literacy rate of the country! Get real #20
Through economic development - fair trade - a lessening of corruption, we can achieve positive change.
Don't get in discussions with Chicureo and GreekYogur, it's a tactic they use, them two, together with Yanqui and el Pistolero Conquistador will start telling you that you aren't Uruguayan and start abusing you. If you get upset and abuse back, the beehive queen will judge you. Hence you will be defined as a troll.
Don't interact with them.
Animals being 'hauled on board trawlers after becoming trapped in nets in Falklands Islands waters' -Wildlife experts believe fisherman are slicing fillets before throwing bodies back into the sea
By: AFP
PUBLISHED: 4 May 2012 |
Callous Argentine fishermen are eating steaks carved from dolphins which have been illegally caught in the South Atlantic Channel, conservationists claim.
Experts believe the animals are being hauled on board trawlers after becoming trapped in nets off the Falklands Islands waters.
Fillets of flesh are then sliced off to be eaten before the bodies of the highly intelligent mammals are callously tossed back into the water.
Threat: Common dolphins seen off the Falklands coats. Wildlife experts have accused Argentine fisherman of eating the animals
Since the beginning of January, Falklands Wildlife Trust's Marine Strandings Network has examined and recorded 50 dead dolphins and porpoises. Just under half, 23, showed distinct signs of having died in fishing gear.
A common dolphin, examined on the beach at in early April, one of five discovered in the same week, showed scars typical of a large trawler net from which it presumably tried to escape. A spokesman for South Atlantic Wildlife Trust said: 'A large fillet of flesh had been removed from the back - presumably for eating. 'This is a known practice on Argentine boats and Argentine pair trawlers were working close to the Islands waters at the time. 'The dolphin's tail had been cut off in the course of cutting the animal free from a winch strop which was used to lift it over the side of the boat.
Please like this page in order to force Argentina to return Misiones and Formosa Provinces to Paraguay, the country they were stolen from in 1870!
Misiones and Formosa Provinces are provinces of Argentina that were seized and annaxed by Argentina from Paraguay this page is dedicated to address Argentine hyporcacy and ensuring their return to Paraguay.
It's only right that Argentina first addresses its own hyocracy by re-examining its own history before talking about taking more land it has never had soverignty over. Not just the Falklands but South Georgia and the South Sandwhich Islands.
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