MercoPress. South Atlantic News Agency
Chavez supports nationalization of YPF; offers Venezuela’s experience in the matter
Argentine president Cristina Fernandez received late Monday the first international support for her announced takeover of YPF from the Spanish corporation Repsol: the Venezuelan government and President Hugo Chavez, revealed the Foreign Affairs ministry. Read full article
Comments
Disclaimer & comment rulesChavez tells CFKC what to do on a daily basis. What does he care that this will be the ruin of Argentina? He will be dead soon. Argentines are going to have to deal with the consequences.
Apr 17th, 2012 - 07:55 am - Link - Report abuse 0The only one in latam happy with this is Chavez... I really hope she does it..LOL
Apr 17th, 2012 - 08:14 am - Link - Report abuse 0A madman agrees with a mad woman. No real surprise there!
Apr 17th, 2012 - 08:42 am - Link - Report abuse 0Still not dead? Jesus, Chavez is becoming the new Fidel. He just won't die!
Apr 17th, 2012 - 11:23 am - Link - Report abuse 0“Maduro said that on Monday evening he phoned his peer Hector Timerman to express solidarity and support and also offered the Argentine government put all the technical, operational and legal experience from Venezuela’s oil corporation, PDVSA”.
Apr 17th, 2012 - 02:51 pm - Link - Report abuse 0you couldnt make it up. Production went down by 30% when they nationalised their oil and gas and now they are offering their expertise on how to fuck it up? LOL. Comical.
you need four legs as a support, or 3 for a stool
Apr 17th, 2012 - 02:58 pm - Link - Report abuse 0a pitty then she has only two legs, to support his [one] ???
Chavez of course is the ideal model for the complete destruction of a country politically and its economy.
Apr 17th, 2012 - 03:02 pm - Link - Report abuse 0Argentina are fast catching them up.
Nationalization just does not work in a free market World that is why the Eastern Block abandoned it late last century and even China followed suit.
Apr 17th, 2012 - 03:42 pm - Link - Report abuse 0This will not encourage anyone from the 'free thinking World' to set up business in Argentina.
@8 Nationalised companies do swallow up huge amounts of people in terms of jobs though. They spend loads of time paying people to sit on their hands doing projects that will never end, and engineers just pottering about on pet projects that cost billions.
Apr 17th, 2012 - 03:57 pm - Link - Report abuse 0No competition is a great way of making a massively bloated balloon of a company with no sense of purpose or customer focus.
Lovely, seeing how you worry for Argentina :)
Apr 17th, 2012 - 05:22 pm - Link - Report abuse 0Things are really going well in Venezuela. They have shitloads of oil, yet they have rolling blackouts in their largest cities and they need floating barges to provide electricity. They have the most dangerous city in Latin America. They support communist rebels from Colombia. Super-socialists speak of how poverty has been reduced under Chavez. All he's done is take oil money and give people “jobs” in inefficient state-run factories making shoes, textiles....nothing that can be sustained for more than a few more years. Yeah, Venezuela is a veritable paradise. Let's take advice from them, that sounds like a great idea.
Apr 17th, 2012 - 07:56 pm - Link - Report abuse 0You know when Venezuela supports you, you've made a bloody disastrous decision.
Apr 17th, 2012 - 08:52 pm - Link - Report abuse 0Achieving Chavez support can only be classed as the ultimate failure.
@10 Wrong! Nobody “worries” for argieland. But there are “the people” and 40 or 50 of them may be worth saving. Not you, of course. Or “Twink” and his “clones”. Or “Margot”. Or “Melvin”. Or “Seared Knockers”. Or “Tronearse”. And other members of La Campora and Quebracho.
Apr 17th, 2012 - 09:40 pm - Link - Report abuse 0#11 Oh it could be worse, China could start demanding Venezuela honor their agreements. (Having the Americans and the Chinese mad at you is not a good scenario.) Going into supermarkets there is similar to pre-1989 Eastern Europe. Prices are controlled, but supplies are limited and rationed or just non existent. WAIT, they do have the lowest petrol (gas) prices in the world... what a paradise.
Apr 17th, 2012 - 09:45 pm - Link - Report abuse 0This just in on the news: Argentina advierte que no pagará los US$ 10 mil millones que pide Repsol por YPF. (They've just told Spain that they are not paying the book value of YPF.) This is going to be fun to watch... as long as you're not an Argentine...
This just in on the news: Argentina advierte que no pagará los US$ 10 mil millones que pide Repsol por YPF. (They've just told Spain that they are not paying the book value of YPF.) This is going to be fun to watch... as long as you're not an Argentine...
Apr 17th, 2012 - 10:07 pm - Link - Report abuse 0Still Argentina is doing far better than many Eu countries,including uk!
AHAHAHAHAH
Good for Argentina...Shale oil and gas?Plenty to have in Argentina....N.Sea,drying up?///AHAHAHAHAAH poor deluded uk.....
And they will be out of the deal.
BRAVO ARGENTINA! OLE!!
@15 - yes Argentina has sh!t loads of oil/gas etc... In the ground. It'll still be in the ground 10 years from now because your government couldn't organise a piss up in a brewery.
Apr 17th, 2012 - 10:39 pm - Link - Report abuse 0I am wrong of course, there is one thing that your beloved president and her cronies are good at. That's stealing other people's money and squirrelling it away in off-shore bank accounts. In that they are truly world class.
@11
Apr 17th, 2012 - 10:41 pm - Link - Report abuse 0The problem is the alternative is to take advice from Europe or North America, which is like the kiss of death to whatever that advice maybe in Argentina. Argentines want nothing to do with the EU or USA in terms of economic advice, and your current problems on both sides of the Atlantic is the perfect cover (for many), to label any advice from those governments as having the ultimate goal of destroying Argentina.
THe prevailing wisdom in Argentina today is “listen to what the Europeans and Americans tell you to do, and do the exact opposite”. That's an extension of the IMF rule, and this stems from the disastrous late 1990s when Argentina followed to the letter the IMF, World Bank, EU, US, etc, and we know the rest.
Sometimes it's useful to understand the context of why a nation thinks the way it does.
The prevailing wisdom in Argentina today is “listen to what the Europeans and Americans tell you to do, and do the exact opposite,
Apr 17th, 2012 - 10:53 pm - Link - Report abuse 0So that why she is evil, uncooperative selfish and arrogant, when all we ask is for her to be civilise , kind and considerate .
Wonders never cease.
.
Well to be fair, the words kind, considerate and European have rarely been spoken in sequence in the last 2000 years.
Apr 17th, 2012 - 11:04 pm - Link - Report abuse 0true, very rarly, but alas she has not been arround 2,000 years to hear it , has she .mmm .
Apr 17th, 2012 - 11:25 pm - Link - Report abuse 0That's why we have things called History Books. So we don't forget how nations used to be for most of their existence, and don't dupe us pretending that a half dozen decades of “good” behavior makes up for the prior two dozen centuries.
Apr 17th, 2012 - 11:31 pm - Link - Report abuse 0Anyway, I just heard a report saying Chavez is really ill.
To be truthful, one wonders if he may be going to a better place,, than the one he is leaving behind .
Apr 17th, 2012 - 11:38 pm - Link - Report abuse 0His military, it seems may have a few surprises in store for some.
.
yes Argentina has sh!t loads of oil/gas etc... In the ground. It'll still be in the ground 10 years from now because your government couldn't organise a piss up in a brewery.
Apr 17th, 2012 - 11:55 pm - Link - Report abuse 0AHAHAHHHHHHHHHHHHHHHHHHHHHHHHHHHHHHHHHHHHHHHHHHHHHHHHHHHHHHHHHHHHHH!
Do you know sice when Argentina is taking oil from the ground IDIOT? Since 1907..IGNORANT
YPF was founded in 1922.Argentina has a lot of experience in the oil business.uk?? Puaj..the RR,flagship of uk had a miserable engine.Garbage of a car for the price.The Germans had to savage that car by changing to a BMW engine....
BTW,Australia is enjoying Argentine expertice with the OPAL nuke,designed and build in Argentina to replace the aging brit reactor....Argentina is displacing uk in every field...
Reactor Makes Argentina Proud
Key members of Argentina’s Federal parliament were proud of achievements by home
company INVAP - designers of Australia’s nearly completed replacement research
reactor, OPAL - when they visited the construction site at ANSTO* yesterday
http://www.ansto.gov.au/__data/assets/pdf_file/0014/14045/anstomedia023_160805.pdf
@22 A better place? I doubt it. They'll probably be shoving pineapples up his arse in hell, right next to Hitler.
Apr 18th, 2012 - 03:24 am - Link - Report abuse 0#18 “she is evil, uncooperative selfish and arrogant, when all we ask is for her to be civilise , kind and considerate”
Apr 18th, 2012 - 02:01 pm - Link - Report abuse 0No, she is tough and fights back when you try to kick her and her people around. Anyway as Madonna said sometimes you have to be a bitch to get things done =)
#4 Suck it up, and whats more their struggls and achievements will last even after they eventually pass away, hopefully in many many years time
@23 Oh yeah, that nuclear reactor that you're so proud of...
Apr 18th, 2012 - 02:34 pm - Link - Report abuse 0http://www.acfonline.org.au/news-media/releases/red-faces-over-sydney-reactor-debacle
“The new OPAL reactor was shut down in July due to serious operating problems and is unlikely to re-open this year. Its long term future and the full extent of the problems at the site remain unclear.”
Lol. Argie engineering at its finest.
@26 It gets even better
Apr 18th, 2012 - 06:13 pm - Link - Report abuse 0http://www.cosmosmagazine.com/news/1997/australias-opal-reactor-recovers-failure
“ANSTO describes the malfunction as a combination of inadequate design and manufacturing faults with the Argentine fuel rods.”
“The organisation has also switched fuel manufacturers from Argentine company CNEA to a French manufacturer, CERCA, which Cameron said was the only company capable of recreating the elements needed to restart the reactor in time and to the new design specifications”
So they got it to work by binning the Argentinian product because they were crap and going with that of a French one.
Yeah, something they should REALLY be proud of eh? lol
27 RobWilliams
Apr 18th, 2012 - 06:49 pm - Link - Report abuse 0Somehow, you knew it was always going to be that way.
Once the term Argentinian Scientists and Techics (sic) is bandied about you just have to wait for the fcuk-ups to start.
And these clowns think they can run an oil & gas industry!
Unfortunatelly I must insist
Apr 18th, 2012 - 07:01 pm - Link - Report abuse 0Venezuela and Venezuelans R.I.P.
Argentina and Argentines R.I.P.
Bolivia and Bolivians R.I.P.
Ecuadoor and Ecuadorians R.I.P.
Cuba and Cubans R.I.P.
Nicaragua and Nicaraguans R.I.P.
Any thing in common between them...???
Yeap,.....you win...!!! Crazy leftist Gvt. under Marxist Principles....
But.....Now that Cuba push all them to the left, it´s changing it mind turning to the right opening the private venture after more than 50 years mistreating their own people with comunist policies that at least they realized were totaly wrong......
@28
Apr 18th, 2012 - 07:07 pm - Link - Report abuse 0I remember a Mercopress article from August last year, it said Argentina is going to try and shoehorn a nuclear reactor into a sub thats been in crates for somthing like a decade.
I find it hilarious personally. The whole country is like a game of Jenga, slowly but surely the entire structure of it is becoming more and more unstable.
It's just another example of Marco hand-picking information and forgetting the rest of the actual course of events.
It's not so much that Argentina couldn't organise a piss-up in a brewery, it's more like they've wandered in, greedily glugged down some unfermented beer without asking, got food poisoning, staggered back and fallen into the vats, overloaded the machinery and eventually cause the entire brewery to explode.
Apr 18th, 2012 - 10:07 pm - Link - Report abuse 0Commenting for this story is now closed.
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