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Spain feels conflict with Argentina over YPF “seems to be getting back on course”

Sunday, April 15th 2012 - 05:31 UTC
Full article 20 comments

In the last 48 hours “things seem to be getting back on course” said on Saturday Spain’s Minister of Industry Jose Manuel Soria in reference to the ongoing conflict with the Argentine government over the possible take over of YPF, the Argentine affiliate of Spain’s Repsol. Read full article

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  • Think

    TWIMC

    “Things seem to be getting back on course”
    Of course....
    On Argentinean course ;-)

    Apr 15th, 2012 - 05:40 am - Link - Report abuse 0
  • GreekYoghurt

    Predictable no-balls response from no-balls country is predictable.

    Spanish people seem to not only be missing the two veg, but they're missing the meat too.

    Apr 15th, 2012 - 06:44 am - Link - Report abuse 0
  • reality check

    “Over reaction” and “exaggerated display.” You think?

    Apr 15th, 2012 - 07:20 am - Link - Report abuse 0
  • Stefan

    No doubt when the dust settles, KFC will go crying to Venezuela, wondering what to do next.

    Apr 15th, 2012 - 08:27 am - Link - Report abuse 0
  • McClick

    I can bet on the reason of the Spaniard press on Argentina why they have probably partnership with English on some regions...

    If you know the devious mazes of Europe finance system ,these kinds of variations never amaze you.

    Apr 15th, 2012 - 08:55 am - Link - Report abuse 0
  • reality check

    @4
    Looks like Chavez might not be around for much longer, what odds will you give that she deals with the Junta that will no doubt replace him.

    Apr 15th, 2012 - 09:18 am - Link - Report abuse 0
  • tobias

    @1

    I think you are fooling yourself Think. Argentina will win nothing by taking up so many causes on so many fronts at the same time. I would say CFK has acted completely irresponsibly and should be held to account. You can't take on the Falklands issue, and then take on YPF, and then the WTO or Mercosur over trade, or the USA over debt, or the IMF over the statistics...

    I'm sorry, but putting your own country in such a toe-to-toe confrontation on so many fronts is borderline perfidious.

    Apr 15th, 2012 - 02:08 pm - Link - Report abuse 0
  • Joe Bloggs

    1 Think

    Have you made Tobias sit the Spanish proficiency test?

    LOL!

    Apr 15th, 2012 - 02:11 pm - Link - Report abuse 0
  • Pugol-H

    So Spain is actively looking into how much they can damage Argentina, only if necessary of course, in conjunction with the rest of the EU.

    Spain being Argentina’s only ally in the EU, and one of the few countries who actually do support Argentina’s claim to the Falklands.

    Yet another triumph of Argintinian diplomacy.

    With victories like these who needs defeats.

    Apr 15th, 2012 - 02:13 pm - Link - Report abuse 0
  • Think

    (7) Tobias
    Not many of those battles or their timing have been chosen by our government.
    Having said that…………., would you please tell me a better historical moment to fight them then now?
    In the year 2050, perhaps?

    (8) Joe Bloggs
    No need of testing Tobias......
    His Spanish is possibly as good as mine.
    His English is certainly better than yours.

    Apr 15th, 2012 - 02:39 pm - Link - Report abuse 0
  • Joe Bloggs

    11 Think

    His English may well be better than mine; I don't care. I'm an engineer, not an English teacher. Or should I say English professor? Sounds much more grand.

    Apr 15th, 2012 - 02:47 pm - Link - Report abuse 0
  • Pirat-Hunter

    Message to Spanish threats from Argentine citizens, we thinks it is Great for Spain not to buy our meat or soy for wich china, India and Pakistan will pay today's prices not the prices set in 1818 and we much rather turn 180.000 truck loads of soy into meat wich gets a better kick for our buck, I can still remember china passing on soy wich sold for a better price just a few days later to pakistan and India, in any case Spain should look at how bad the economy in Europe and Argentine is and conclude that the relationship between our nations never has and never will produce any fruits, and keep in mind the definition of insanity wich states that insanity is to always do the same expecting a different result. Let's move move away from the old outdated self serving Spanish contracts and write better ones for the mutual benefit of both nations. You are all still welcome to offer a bid for meat and soy if people in Spain go hungry but people in Africa and Asia need the soy and meat much more then europe, check the worlds hunger table and you will all see that Argentina can make a difference in this continents. We can all see Europe is it's own worst enemy and no amount of food can help them in short Europe is a lost case. www.treehugger.com/green-food/egg-shortages-uk-due-end-battery-eggs.html

    Apr 15th, 2012 - 03:01 pm - Link - Report abuse 0
  • yankeeboy

    7. I think you are spot on. The CFK administration has become paranoid, irrational and is lashing out indiscriminately without forethought. You can not have The USA EU and UK mad at you at the same time. It is ruinous.
    This foolish sophomoric behavior from CFK and her minions is not going un-noticed and will end poorly for Arg. The rest of the world doesn't need anything from ARG and if it fails it is Brazil's and Chile's problem not the Northern Hemisphere.

    Apr 15th, 2012 - 03:13 pm - Link - Report abuse 0
  • Xect

    Ah more incoherent nonsense from our friend Pirat.

    I completely fail to understand the comparison of Europe and Argentine economies. Essentially the economy of both Spain and Argentina is in a perilous place and either could and will most likely fall off the cliff sometime soon.

    Europe is a lost cause? well expect SA to become the next lost cause then, especially Argentina whose number one investor is who? Spain!!

    If Europe goes down then so will SA and whats worse Argentina is entirely reliant on the EU not failing.

    Personally I don't think it will be such a bad thing in the long run if the Euro is wiped out. This giant group of countries with a single currency and set of rules/laws has always seemed ridiculous to me especially when it means a foreign person in a foreign country determines your countries economics and laws.

    As for Africa, do you think you'll get a better price selling to Africa instead of Europe?

    Apr 15th, 2012 - 03:21 pm - Link - Report abuse 0
  • GreekYoghurt

    @13 reminds me of one of the argentinian's ancestors, a man called adolf hitler who tried to fight too many wars on too many fronts. He didn't do very well out of it.

    Apr 15th, 2012 - 03:42 pm - Link - Report abuse 0
  • Pirat-Hunter

    #14 I hope everyone else here pays more attention to the report, Spain “was” Argentina's largest investor, not anymore. The definition of insanity states that Argentine and Spain will be insane to keep trading with eachother if the results have being bad for both as you stated both Spain and Argentina are bankrupt. Product of our dealing with eachother witch should now change for good thanks to the threats coming from spain wich I welcome and encourage to free Argentina from the yolk of poverty and mediocrity spain has allowed the Spanish speaking world to fall in. Even a war against each other could produce better results then what we have now. In regards to Africa who will pay a modern price rather then the 1812 agreements with spain, even if Asia or Africa buy 50% less then spain or EU, Argentina will sell the rest at a still better prices then the prices payed by the dictatorship imposed on Argentina now, I think people should realize that the world is a bigger place then EU, UK and USA will like us to believe. I encourage spain to take their threats and bussynes somewhere else, and stay there no Argentine will miss them as you probably noticed no Argentine here fears loosing spain their threats or the verbal abuse. If Argentine's like being threatened by any banana country that has a voice to threat and dictate we can keep spain as our ally and live the way we always have under threat and insecurity unless we want change.

    Apr 15th, 2012 - 04:38 pm - Link - Report abuse 0
  • Stefan

    @6 - 100%. She'll be taking orders from the Venezuelan Junta, just like Correa, Morales, and the others will be. Fortunately, this will further expose the corruption of the continent.

    Apr 15th, 2012 - 06:46 pm - Link - Report abuse 0
  • LEPRecon

    @17 - the beloved leader wouldn't make deals with a military junta would she? No that paragon and defender of democracy?

    Pirat-hunter, your comments are typical of the attitude your government have, which is bringing Argentina closer to disaster. Talk about cutting of your nose to spite your face.

    You seem surprised that other countries aren't willing to let Argentina rob them blind. You talk about selling to countries like India and China, African and Asian nations. Do you believe these countries to be stupid?

    If your cut off your ties to the US and EU, they will do business with you that I don't doubt. But they are canny people. They will offer you less for your goods because you will have burnt all your bridges behind you and will have the option of selling at the reduced price or not selling at all. After all they can always get the goods you grow elsewhere, they will have choice.

    Your governments actions are dramatically cutting down Argentina's choice and chance of recovery. You are letting your pride get in the way of sorting out your countries serious problems. After all pride comes before a fall.

    Apr 15th, 2012 - 10:48 pm - Link - Report abuse 0
  • GreekYoghurt

    @18 junta-loving Argentina is not oxymoron.

    Apr 16th, 2012 - 11:14 am - Link - Report abuse 0
  • British_Kirchnerist

    #19 But my Queen is not one of them, not after what the junta did to her comrades and friends. Anyway talk of a “Venezuelan junta” is just more rubbish from the usual suspects

    Apr 17th, 2012 - 01:19 pm - Link - Report abuse 0

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