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Parlatino supports Argentine decision, blasts EU for threatening with reprisals

Monday, April 23rd 2012 - 09:34 UTC
Full article 47 comments

The Standing Committee from the Latin American parliament, Parlatino, approved a resolution in support of the Argentine government decision to seize a majority stake in YPF from Spain’s Repsol, according to a release made public over the weekend. Read full article

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  • Conqueror

    Parlatino. What a silly, insular, name.

    Apr 23rd, 2012 - 09:42 am - Link - Report abuse 0
  • Tabutos

    im starting to think the only logical free thinking government in the South Americas is the Falkland island government

    Apr 23rd, 2012 - 09:43 am - Link - Report abuse 0
  • British_Kirchnerist

    SO much for the pariah state eh?!

    Apr 23rd, 2012 - 09:52 am - Link - Report abuse 0
  • reality check

    Hands up all those who believe Mr Randazzo' statement.

    Apr 23rd, 2012 - 10:03 am - Link - Report abuse 0
  • WestisBest

    You stupid idiots, can't you dumb Argies see where this is going?

    Apr 23rd, 2012 - 10:06 am - Link - Report abuse 0
  • reality check

    Parlatino. Christ how many more organisations are there out there?

    Apr 23rd, 2012 - 10:32 am - Link - Report abuse 0
  • Musky

    So Argentina can be beastly (by jove) to Spain and steal its assets and rejects Spanish actions in response, talk about insulation from reality. God, this hilarious government is 'the gift that keeps on giving'..

    Apr 23rd, 2012 - 11:43 am - Link - Report abuse 0
  • toooldtodieyoung

    7 Musky

    I know!!!

    It's getting really, really hard to underestimate them at the moment........

    Apr 23rd, 2012 - 11:49 am - Link - Report abuse 0
  • GeoffWard2

    ”The Latin American Parliament (Parlatino) was created in 1964. Situated in Sao Paulo, Brazil, the Parlatino has 22 member parliaments, each of which sends to it 12 nominated plenipotentiaries.
    The plenipotentiaries must represent the views of their parent parliament, and take into consideration the principles of the Parliament which include the defence of democracy and the further intergeneration of Latin America. The purposes of the Parlatino are:
    To promote, human rights, and economic and social development;
    To maintain and foster relations with other geographic parliaments (such as the European Parliament), as well as international organisations;
    To promote self-determination and defence against imperialism and colonialism.” Wiki

    Well, I have been around SP for some time, and have never heard of The Latin American Parliament (Parlatino).
    I have (occasionally) heard of Parlasur.

    It seems that these great edifices of supra-national governance are a little 'under-developed'.

    Until 'the people' arrive at an understanding of what they are, where they are, who they represent, and what they do ..... they can do little more than raise a cynical eyebrow about the strength of their pronouncements.

    Apr 23rd, 2012 - 12:09 pm - Link - Report abuse 0
  • Idlehands

    I don't believe it's just the nationalisation that the Spanish are up in arms about - it's more that they know damn well that Argentina will not pay anything near the market value for the enterprise.

    Nationalisation is nationalisation - but it's also true that theft is theft

    Apr 23rd, 2012 - 12:20 pm - Link - Report abuse 0
  • Conqueror

    Of course it's theft. It's what argies, and their ancestors, do and have done best. Starting with the 'inter caetera' papal bull issued by Pope Alexander VI in 1493, a Spaniard and a close friend of the then Spanish king. No fiddle there then. However, Spain's attempts to persuade other European powers of the legal validity of the bull were never successful. So watch for the dozy argies trying to claim that that entitles them to the Falkland Islands. Even though no-one outside Portugal and Spain ever recognised it. As a result, the Treaty of Tordesillas also has no validity outside of Portugal and Spain as it amounts to two robbers splitting the loot before doing the theft. In the 1530s Portugal and Spain began the killing and thieving. To be fair, Portugal was less intent on the killing aspect. Spain, on the other hand, was happy to use attempts to convert the natives to Catholicism and the murder of native 'heretics' to justify its genocide and thefts. Argieland was more than happy to continue this process in the 19th century, although its approach was more secular. Genocide and theft continued without much pause until finally consolidated into the 'Conquest of the Desert'. Note well “Our self-respect as a virile people obliges us to put down as soon as possible, by reason or by force, this handful of savages who destroy our wealth and prevent us from definitely occupying, in the name of law, progress and our own security, the richest and most fertile lands of the Republic.
    —Julio Argentino Roca”
    Roca was not the first but, in 1878, he began the systematic 'cleansing' of areas south of the then United Provinces with 6,000 soldiers equipped with 'modern' breech-loading Remington rifles. In the meantime, argieland had attempted to thieve present-day Uruguay (the Banda Oriental). Unfortunately, argieland lost out and the Banda Oriental was annexed by Brazil. Until the United Kingdom intervened and fostered the Treaty of Montevideo. Over 400 years of theft/murder.

    Apr 23rd, 2012 - 01:26 pm - Link - Report abuse 0
  • Malvinero1

    Parlatino. What a silly, insular, name.
    conqueror: What stupid,scum,pirate name...

    Apr 23rd, 2012 - 01:34 pm - Link - Report abuse 0
  • reality check

    No less stupid than calling yourself after a ficticious island!

    Apr 23rd, 2012 - 01:52 pm - Link - Report abuse 0
  • toooldtodieyoung

    “to rescue and manage efficiently” the resources of Argentina.

    She is on addictive medication isn't she? and I'll bet she hangs upsidedown in a wardrode at night, eating white mice

    10 Idlehands:- Agreed

    Apr 23rd, 2012 - 02:19 pm - Link - Report abuse 0
  • GreekYoghurt

    Clearly Parlatino, whatever it is, is pro-theft.

    I don't think anyone has a problem with the nationalisation of companies, it's simply the manner to which the expropriation occurred that was the issue. She acted against her constitution, against agreements between the two countries and against contractual law in just grabbing the company, without consideration for the cost of the company.

    The fact is, she's broke, so she cannot pay for the company, and she was wetting the bed about having to steal it from the Chinese would would probably just stop buying their stuff ad finitum.

    I think this is likely to be the one and only time I hear of Parlatino and the other 100'003'002 latin american solidarity organisations that do absolutely nothing.

    Apr 23rd, 2012 - 02:55 pm - Link - Report abuse 0
  • Chicureo

    All this because the woman was in a blind rage after the Summit of the Americas.

    Nationalizing YPF was stupid because the Spanish and other shareholders own the liabilities as well as the assets of the company. We know CFK and her husband needed to cover up all the under the table corruption involving YPF, but really if they had wanted to legally take total control without world wide outrage and sanctions they should have just bleed the company dry with increased taxes, regulations, and mandates.

    High taxes would enable KFC's government to take the profit without having to contribute capital or own liabilities. Stronger strict new regulations would have enabled the government to take control of operations without owning a majority of the shares. Mandates would enable the Argentines to allocate capital to uses it desires notwithstanding whether those uses make business sense or lead to losses. (Which they will anyway.)

    You can legally steal a company without getting your hands dirty...

    Apr 23rd, 2012 - 03:19 pm - Link - Report abuse 0
  • jerry

    #15 is correct. The Argentina constitution forbids this (the way it is being done), but what does the K government care about the constitution?

    Apr 23rd, 2012 - 03:53 pm - Link - Report abuse 0
  • Idlehands

    “but what does the K government care about the constitution”

    They care deeply about johnny foreigner respecting their sacred constitution. The fact it keeps being rewritten on the back of a beer mat is irrelevant.

    Apr 23rd, 2012 - 03:59 pm - Link - Report abuse 0
  • reality check

    Then whats the point in having a constitution? In most republican democracies, breach of the constitution, would lead to ipmeachment. Seems like some people want to live in a democracy and other want to play at living in a democracy. Most constitutions are held in reverance, it appears this one is held in contempt.

    Apr 23rd, 2012 - 04:01 pm - Link - Report abuse 0
  • Malvinero1

    Then whats the point in having a constitution? In most republican democracies, breach of the constitution, would lead to ipmeachment. Seems like some people want to live in a democracy and other want to play at living in a democracy. Most constitutions are held in reverance, it appears this one is held in contempt.
    Really? MAlvinas EXIST just look at the map.
    Who legally owns the Islas Malvinas (Falkland Islands)
    http://eyreinternational.wordpress.com/2012/04/11/who-legally-owns-the-islas-malvinas-falkland-islands/

    Now why you do not look at you KORRUPT brit government first.
    MAlvinas OIL SCAM!
    Look at the SCUM,cameron,hague,the ULTRAKORRUPT conservative party in uk,poor deluded IDIOT brits..
    Cameron again shows his “True British Grit” towards the Falklands
    http://eyreinternational.wordpress.com/2012/04/11/who-legally-owns-the-islas-malvinas-falkland-islands/
    They care deeply about johnny foreigner respecting their sacred constitution. The fact it keeps being rewritten on the back of a beer mat is irrelevant.
    Anyway THE OIL IS OURS!
    BRAVO ARGENTIN

    Apr 23rd, 2012 - 05:17 pm - Link - Report abuse 0
  • Pirat-Hunter

    Lol if UK, France, USA and EU can kill Muslims, women and children to theft oil and resources in Afghanistan, iraq and libya I am sure Argentina can take the oil from war mongers and killers before they start killing Venezuelans, Colombians and Mexicans in latinamerica, they fload our nations with automatic weapons to protect the drug trade and we know them well enough to know when to cut them loose, and this is the right time to take back what belongs to the people, we know very well what they did to libya's oil industry, and we rather take our chances with CFK.

    Apr 23rd, 2012 - 05:20 pm - Link - Report abuse 0
  • JohnN

    Seems to be something definitely wonky in this “Parlatino” standing committee plunge to support Argentina's position on such a sensitive issue - not just for Argentina, but for Spain and for EU and other Latam countries.

    I might have missed where Argentina and Repsol went to a stage of using third parties' “good offices” to bring about a satisfactory resolution for the parties in dispute. Did they do that? If not, seems that its a very political play by Argentina to control resources but without due diligence of the process for insuring that the rule of law is respected and to assure investors (both foreign and domestic) that property rights will be respected as a careful transition begins to state ownership - and that usually means a fully-accountable and responsible policy execution that could include expensive (but expected) compensation for the expropriated natural resource investments and profit losses.

    At some levels of commercial disputes, third parties that may be called in for arbitration might include the International Court of Commercial Arbitration (http://www.iccwbo.org/court/arbitration/id4584/index.html) or the UN's United Nations Commission on International Trade Law (http://www.iccwbo.org/court/arbitration/id4584/index.html)

    Apr 23rd, 2012 - 05:44 pm - Link - Report abuse 0
  • reality check

    @21
    Just exactly what did they do to LIbyas oil industry? As far as I am aware and every other normal person reading these posts is aware. Libyan oil industry is still being run by the Libyans. Unless you know something the rest of the world does not know?

    Apr 23rd, 2012 - 06:06 pm - Link - Report abuse 0
  • Pirat-Hunter

    #22 how much compensation did Iraq and libya get for the oil theft??? Or how much compensation did Argentina get for the theft of resources in Islas Malvinas Argentina? Well my good friends Argentina will offer the same amount in compensation as we did. We will wait for a UN resolution witch we can ignore as UK does, you got to love a wold full of Justice for everyone, racism. Servitude and slavery is over, can someone let the white people know.

    Apr 23rd, 2012 - 06:16 pm - Link - Report abuse 0
  • reality check

    What LIbyan oil theft. Fuck me, what did we do lower a hose pipe down from 30,oooft and syphon it when they were'nt lookong. Not a single Nato boot set foot on Libyan soil, jesus christ, ask the Libyans. There is no islas Malvinas, It's oil in your head.

    Apr 23rd, 2012 - 06:26 pm - Link - Report abuse 0
  • Usurping Pirate

    You can tell the Campora boys are hungry today , because they are all trolling like mad so they can get their free “ choris ” from Maximo.What a sh*t job , having to spout lies for food vouchers on behalf of a corrupt government that could not care less about them .
    Pirat /Malvinero and the rest of you , what difference would it make to any of you if the FALKLAND ISLANDS were given to Argentina ?
    You will still live in slums full of drug addicts with guns ,in a country run by corrupt politicians who steal everything they can .
    Keep blogging you pathetic little twerps, and crying about injustice , the UN , resolutions , and what happened to gaucho Rivero in 1833...
    You all claim to be patriots , yet you vandalise public buildings , set fire to trains , avoid paying taxes and cheat or steal whenever you can and kill each other without a murmur of conscience .
    Frankly , the rest of the world really don't care . We have had enough of your whining self pity .
    Oh , and we won the war of 1982 ......

    Apr 23rd, 2012 - 06:55 pm - Link - Report abuse 0
  • reality check

    @26 Re the 1982 War. That all depends on who'se history books your reading.
    You see our definition of winning and their definition of winning is, shall we say, different!

    Apr 23rd, 2012 - 07:06 pm - Link - Report abuse 0
  • GreekYoghurt

    @26 Argtards gonna tard.

    Apr 23rd, 2012 - 09:06 pm - Link - Report abuse 0
  • Malvinero1

    Oh , and we won the war of 1982 ......
    Who cares! Argentina has done enough damage to the pirates brits! For me was a VICTORY to ARGENTINA....Just go back were uk belong: THE NORTH ATALNTIC!
    Like President of BRazil,Lulas,said:Brazilian President Luiz Inacio Lula da Silva said on Tuesday that the discussion over the sovereignty claim of the Malvinas (Falkland) Islands should be reopened.

    In a speech during the Group of Rio summit, President Lula criticized the British control in the region and reaffirmed his support to Argentina over the jurisdiction of the Malvinas, which were claimed by both Argentina and Britain.

    “Our stance is of solidarity with Argentina. What is the geographic, political and economic explanation for Britain's presence in the Malvinas?” the president said, using the Spanish name for the islands.

    “It is impossible that Argentina does not own the Malvinas but Britain, which is 14,000 km away, does,” Lula said.
    He also disapproved of the United Nations' stance on the Malvinas issue. The president criticized the UN for not taking Argentina's interests on the matter and questioned the current structure of the UN Security Council.

    “Just because Britain is a member of the UN Security Council, they can do everything and others can do nothing,” he said.
    Bravo Brazil! That's the way to go!!
    http://english.peopledaily.com.cn/90001/90777/90852/6901262.html

    Apr 23rd, 2012 - 10:04 pm - Link - Report abuse 0
  • reality check

    What is it with you and Brazil, christ your like a little boy with a crush on a pop star. They do not even speak your language, unlike you most of them are of Portugese descent. Grow a pair for christ sake, your embarrasing yourself .

    Apr 23rd, 2012 - 10:13 pm - Link - Report abuse 0
  • The Cestrian

    @29

    The article was from over 2 years ago you wanker.

    Not only that but what the fuck, for the hundredth time, does geography have to do with the Falklands? Absolutely fuckall or Brazil would be complaining about French Guyana.

    Apr 23rd, 2012 - 10:34 pm - Link - Report abuse 0
  • reality check

    @31
    This guys got a bee in his bonnet about Brazil. He' a Brazil nut. No pun intended.

    Apr 23rd, 2012 - 10:44 pm - Link - Report abuse 0
  • DanyBerger

    Hello Hypocrites!

    1- Spain
    Spain in 1983 expropriated RUMA SA a private Holding controlled by Ruiz-Mateos Family and international shareholders. The Kingdom of Spain used the article 33.3 of the Spanish constitution and made a Law-Decree number 2/1983 to expropriate the company.

    The Spanish state at that moment send to shareholders a bill of liabilities to be pay by them of 5.28bn Euros.
    The state argued that money was used in the company. May be expropriation????

    After 30 years shareholders are still in a legal battle with the Spanish state and none have receive a $$$$.

    http://www.elmundo.es/mundodinero/2010/01/22/economia/1264190214.html

    2-UK
    In September 2007 UK govt. expropriated NR (Northern Rock bank) from their Legitimate Owners, shareholders since then they are in a legal battle with UK govt. to receive a fair compensation for the confiscation made by UK govt.

    http://www.elmundo.es/mundodinero/2010/01/22/economia/1264190214.html
    http://www.elmundo.es/mundodinero/2010/01/22/economia/1264190214.html

    In October 2008, the Royal Bank of Scotland was expropriated by UK govt. no fair compensation was given to shareholders.

    Now here a complete list of expropriation and nationalisation by countries that speak by itself who are the most hypocrite people in the world.

    http://www.elmundo.es/mundodinero/2010/01/22/economia/1264190214.html
    http://www.elmundo.es/mundodinero/2010/01/22/economia/1264190214.html

    Guess guys whom are leading the chart of theft expropriators criminals that not respect the law and without paying any compensation to private legal owners? Yeap UK and US it is not amazing?

    No much to say... at the moment...

    Apr 24th, 2012 - 05:25 am - Link - Report abuse 0
  • Usurping Pirate

    27 : There is a British flag flying over the Falkland Islands .
    Please tell me the names of the history books that say Argentina won the war of '82 . Is it written by the same bloke who claims that the Royal Family are lizards and that lizards control the world through a masonic order and that Prince Philip personally started the revolucion liberatdora ? Pissed myself reading that one .

    Apr 24th, 2012 - 07:43 am - Link - Report abuse 0
  • reality check

    33) You fucking astound me, your living proof that a little knowledge is a dangerous thing. Northern Rock, Royal Bank of Scotland and others, were all banks about to go bust. You must have heard about i! its part of what was called the “Worldwide Recession.” You know, the collapse of the Banking system!!!!!! The UK tax payer, bought the banks and plowed in billions of taxpayers money, thus saving them. The UK taxpayer are now the principal share holders of the banks. As for the previous share holders, if the the banks had not been saved they would have had nothing, zero, zilch, fuck all. They should think themselfs lucky. Take the money and count their blessings.
    Oh. and by the way, buying something is not is not expropriation. Selling it and then taking it back without full compensation is. Some people also think its theft.
    34) You did not read it right, I meant the Argentinian view of history. It's called being sarcastic, get it, taking the piss.

    Apr 24th, 2012 - 08:44 am - Link - Report abuse 0
  • lsolde

    Maaaaaaaalvineeeeeeeeeero!
    lts time for your injectionssssssssss.
    Come out from under the bed, malvi-boy, nursy won't hurt you.
    You've been a silly silly boy. You know that the oil's not yours.
    Ah, got you,
    This won't hurt, did it!
    Peace for a little while.

    Apr 24th, 2012 - 08:55 am - Link - Report abuse 0
  • DanyBerger

    @ reality check

    You are a professional denier.
    First at all none of the shareholders got a quid for their assets so it is an expropriation like in Stalin era.
    The fact that you get pay doesn’t change the fact that the govt. compulsorily took over private property and damage business confidence. At least is what WSJ, TE and WP say. Are not they right?

    “buying something is not is not expropriation”

    Yes when is carryout compulsorily by the state. You don’t have options. And in these cases was robbery because UK didn’t pay the shareholders.

    That was the case for these poor private shareholders from these banks that lost everything thanks to Communist Gordo and hypocrite Tories.

    The long list of robbery and expropriation made by UK speaks by itself. Who is going to invest in a country that not respect the law and expropriate private business overnight?

    Have you saw the long list of communist UK and US expropriations? Stalin would looks as amateur.

    Invest in UK if we don’t like you we expropriate your property and without pay.
    Good example for the free world. Ummm. Pirates and communist is too much!

    Apr 24th, 2012 - 11:11 am - Link - Report abuse 0
  • reality check

    @37
    What did you expect the UK government to do? Let them go bust. I can assure you the value of the shares would have been worthless then. They would have gone in to recievership and their shares would have been worth a mere fraction of what they were worth, if and I stress if there was any money left over afterwards.
    Where do you get the information that these take overs were compulsory. These deals were done with the full agreement and at the instigation of the boards. The banks went to the government to bail them out, not the other way round.
    As for comparing the UK and US to communist states, christ, you will be saying next that you believe in alchemy and it's possible to turn lead in to gold.
    By the way, banking in the UK, US and numerous countries around the world, operate outside government control. I repeat, outside government control.

    Apr 24th, 2012 - 11:37 am - Link - Report abuse 0
  • Conqueror

    @29 Lulu da Silva. Another decrepit pensioner with dementia.
    ““Our stance is of solidarity with Argentina. What is the geographic, political and economic explanation for Britain's presence in the Malvinas?” the president said, using the Spanish name for the islands.”

    It's easy numbnuts. Britain was there FIRST. Long before the argie pigs, or even you, existed. What a pity when the argie propensity for lying and rewriting history starts spreading to other countries.

    “Just because Britain is a member of the UN Security Council, they can do everything and others can do nothing,” he said.” That's right, numbnuts. Because Britain has done and given more than any of the slime in South America.

    Let's get the proper NATIONS of the world together, piss on South America and watch it drown!

    Apr 24th, 2012 - 11:43 am - Link - Report abuse 0
  • Chicureo

    Conqueror: There are many South Americans that have and will continue to support the UK/FI cause. Why should you suggest we be pissed upon?

    Apr 24th, 2012 - 12:22 pm - Link - Report abuse 0
  • reality check

    @40 Chicureo
    We know that man and I for one appreciate your contributions to these pages. Chile has beeen a good friend to this country, along with other SA countries. He's generalising, that's wrong.

    Apr 24th, 2012 - 12:51 pm - Link - Report abuse 0
  • GreekYoghurt

    Have we found out what Parlatino is yet? I still haven't got a clue.

    Apr 24th, 2012 - 02:05 pm - Link - Report abuse 0
  • GeoffWard2

    Greek #42
    I repeat my #9:

    ”The Latin American Parliament (Parlatino) was created in 1964. Situated in Sao Paulo, Brazil, the Parlatino has 22 member parliaments, each of which sends to it 12 nominated plenipotentiaries.
    The plenipotentiaries must represent the views of their parent parliament, and take into consideration the principles of the Parliament which include the defence of democracy and the further intergeneration of Latin America. The purposes of the Parlatino are:
    To promote, human rights, and economic and social development;
    To maintain and foster relations with other geographic parliaments (such as the European Parliament), as well as international organisations;
    To promote self-determination and defence against imperialism and colonialism.”
    Wiki

    'Well, I have been around SP for some time,
    and I have never heard of The Latin American Parliament (Parlatino).
    I have (occasionally) heard of Parlasur .......'

    Apr 24th, 2012 - 05:11 pm - Link - Report abuse 0
  • cLOHO

    Dannys Burgers - It is theft and you will reap the fall out of falling investments. The Reichmistress will asset strip the oil company just like she did with the national airline. She and family are lining there own pockets. If you cant see that then your in a bad place.

    The rest of the world thinks your a joke!! fact. Cant wait for your economic collapse and the fall of the Kircher Reich.

    Apr 24th, 2012 - 05:32 pm - Link - Report abuse 0
  • Malvinero1

    @29 Lulu da Silva. Another decrepit pensioner with dementia.
    ““Our stance is of solidarity with Argentina. What is the geographic, political and economic explanation for Britain's presence in the Malvinas?” the president said, using the Spanish name for the islands.”
    Just shoot yourself in the feet,conqueror,uk IS FINISHED!!
    The Nazi flag also was flying in many territories.The people not necessarily accepted it.300 million people,say: MAlvinas,SG,SS,belong to Argentina.......uk time to go home,in the NA ..

    Apr 24th, 2012 - 08:41 pm - Link - Report abuse 0
  • lsolde

    @45 Malvinero1,
    So when are you going back to ltaly, Malvin?

    Apr 24th, 2012 - 09:09 pm - Link - Report abuse 0
  • DanyBerger

    @reality check
    “What did you expect the UK government to do? Let them go bust”

    Well this is part of your indoctrination allow banks to go burst is bad, but letting industrial companies adn real business to go belly up is good.

    Why the discrimination? Traditional companies in UK have collapsed and none cares.

    The problem is that you don’t understand the scam.

    While British are begging for a job to eat, the govt. with taxpayer money bailout bankers.

    The Bankers report balance sheet in red but they cash bonuses of 4m pounds.

    Come on Britain have been shaped to provide privileges to a little elite, they pay few or non taxes, they get bailouts while common Brits pay for it while becoming poor and poor every day.

    If that provides happiness to you fine, but allow the rest of the world to disagree with that. Can you please?

    Thank you.

    @cLOHO

    I didn’t understand one word, sorry.

    Apr 25th, 2012 - 01:33 pm - Link - Report abuse 0

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