Argentina as No Claims-Nation Revealed in Repsol Losses: Energy

Repsol YPF SA (REP), the Spanish oil explorer seeking $10.5 billion from Argentina for seizing its assets, will line up behind companies from Exxon Mobil Corp. to Unisys Corp. (UIS) yet to be repaid by the most-sued nation on earth.

There are 26 cases pending against Argentina, more than any other country, at the World Bank’s International Centre for Settlement of Investment Disputes in Washington, the principal arbitration court for claims against sovereign countries. So far, it has refused to pay any of the tribunal’s judgments, according to a Bank of America Merrill Lynch economists’ report.

[url=http://www.bloomberg.com/news/2012-05-13/argentina-as-no-claims-nation-revealed-in-repsol-losses-energy.html]read more

i bet mapoui would agree argentina did the right thing

[quote author=The Chairman link=topic=66353.msg416655#msg416655 date=1337029551]
i bet mapoui would agree argentina did the right thing
[/quote]

well its known what I think its more important what yu think!

so? ::eek::

if you want to nationalize . you need to pay the company

[quote author=The Chairman link=topic=66353.msg416708#msg416708 date=1337048892]
if you want to nationalize . you need to pay the company
[/quote]

nonsense!  corporations are all illegal activities.  and when deh want something they destroy whole nations to get it.

no freaking compensation!  drive them out, take them over. eliminate them.