4/16/12

Breaking: YPF nationalized in Argentina

President CFK just announced it, with a law being sent to Congress that will put 51% of the oil company into national State hands and 49% of it into the hands of the provinces. Link here

UPDATE: Oh interesting, the La Nacion article has now changed its information and says that Argentina will nationalize 51% of YPF, with that majority portion being split between State and provinces.