New Falklands War Brewing
From an article I read on this Nationalization deal:
How has nationalization of the industries been working out for Hugo, lately?
Fernandez said the government would ask Congress, which she controls, to approve a bill to expropriate a controlling 51 percent stake in the company by seizing shares held exclusively by Repsol, saying energy was a "vital resource."
"If this [the YPF's] policy continues -- draining fields dry, no exploration and practically no investment -- the country will end up having no viable future, not because of a lack of resources but because of business policies," she said.
{snip: the right wing press took a few shots at the Kirchner dame ...}
On the left, El Periodico spoke of "The New Evita", pointing out that Fernandez had announced the nationalization in a room decorated with a portrait of Eva Peron, the actress who was married to a president and revered by many Argentineans for her populist politics.
"If this [the YPF's] policy continues -- draining fields dry, no exploration and practically no investment -- the country will end up having no viable future, not because of a lack of resources but because of business policies," she said.
{snip: the right wing press took a few shots at the Kirchner dame ...}
On the left, El Periodico spoke of "The New Evita", pointing out that Fernandez had announced the nationalization in a room decorated with a portrait of Eva Peron, the actress who was married to a president and revered by many Argentineans for her populist politics.
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Ecce Homo! Loquitur...
Falklands: Britain calls on European Union to pile pressure on Argentina
Hard-line nationalists ransack shipping office after pelting it with stones as tensions rise between London and Buenos Aires over Falkland islands' status.
Hard-line nationalists ransack shipping office after pelting it with stones as tensions rise between London and Buenos Aires over Falkland islands' status.
Those guys are wearing rag head rags like a few Palestinians I've seen on TV.
Note the checkered pattern.
On purpose, or by accident?
Note the checkered pattern.
On purpose, or by accident?
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You're kidding, right? A VERY widely available item of clothing and somehow you are trying to link the two? Next we'll be castigating people because they wear sunglasses "just like those ayrabs!" 
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I've got some of those dishcloths, tasteful black/green ones
Used to buy them from Survival Aids (before they went bust) who - I believe - did most of the urgent UK forces desert uniforms for GWI ('twas delay in payment by HMG that made them go bust)
Used to buy them from Survival Aids (before they went bust) who - I believe - did most of the urgent UK forces desert uniforms for GWI ('twas delay in payment by HMG that made them go bust)
Last edited by Milo Minderbinder; 25th Nov 2012 at 15:01.
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I must confess that I have heard lots of rumours about there being oil down south but they have been rumours for over thirty years. If there is oil then it is in a very deep part of the ocean and will not be the easiest of locations to extract.
Glojo - You say "if there is oil", and that it will be "in a very deep part of the ocean" and not easy to extract.
Rockhopper's SeaLion field (in about 450 metres of sea depth, about 150 miles North of the Falklands) has an estimated production life of 25 years, is considered to be economically viable in isolation (i.e. with no other fields being developed alongside it throughout its life), has recently had a billion dollars of investment into the company and is almost certainly going to go into production even in the unlikely event that no other viable fields are discovered. They are expecting to have first oil to market by 2017.
I think your "rumours" have already become "facts"..............
Rockhopper's SeaLion field (in about 450 metres of sea depth, about 150 miles North of the Falklands) has an estimated production life of 25 years, is considered to be economically viable in isolation (i.e. with no other fields being developed alongside it throughout its life), has recently had a billion dollars of investment into the company and is almost certainly going to go into production even in the unlikely event that no other viable fields are discovered. They are expecting to have first oil to market by 2017.
I think your "rumours" have already become "facts"..............
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Fair comment farsouth and hopefully that oil will be extracted. It has still certainly taken an awful long time to locate that oila nd whehn reading the reports there are a lot of 'ifs' and 'maybes' but as you say it does look like there is oil.
Lots of companies did go south looking for that 'black gold'and a lot did come back out of pocket. (my brother to name but one company)
Lots of companies did go south looking for that 'black gold'and a lot did come back out of pocket. (my brother to name but one company)
Nemo Me Impune Lacessit
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Lonewolf_50 has a point, the black and white scarves were very popular with the PLO, remember Yassar Arafat was hardly ever seen without one. They definitely are an item that is commonly associated with Palestinians and their sympathiser too, (as many BBC journos demonstrate!).
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"hehn reading the reports there are a lot of 'ifs' and 'maybes' but as you say it does look like there is oil."
yeah but any oil company is going to put in a lot of ifs and buts - if only so they don't get sued by their US investors if it turns to to be different (Better/worse) than forecast
It's definitely going ahead tho - remember when the last set of companies pulled out oil was about $12 a bbl
yeah but any oil company is going to put in a lot of ifs and buts - if only so they don't get sued by their US investors if it turns to to be different (Better/worse) than forecast
It's definitely going ahead tho - remember when the last set of companies pulled out oil was about $12 a bbl
Last edited by Heathrow Harry; 26th Nov 2012 at 09:52.