I wonder how Argentina will pay all of the billions it owes. The interest keeps building up on it. Article from FT.
https://www.ft.com/content/d35991dc-cece-454a-a158-4b25b58f7c34
Archived: https://archive.ph/UpNi6
The RIGI is already bringing in some big investments in Argentina.
https://www.eldiario24.com/economia/2024/08/30/rigi-sectores-argentina/
English Translation
chevron
fdi
foreign direct investments
foreign investment
galan lithium
minas argentinas sa
navios
pampa energía
pan american energy (pae)
pluspetrol
posco
renault
rigi
rio tinto group
shell
southern energy
stellantis
vista energy
ypfypf luz
Loretta Preska is the same judge that ruled against the country in the YPF expropriation case
https://buenosairesherald.com/economics/us-judge-orders-argentina-pay-us142-million-to-holders-of-defaulted-bonds
We will see how things turn out for Argentina.
https://www.forbes.com/sites/afontevecchia/2024/08/02/argentina-faces-serious-medium-term-default-risks-given-ypf-nationalization-case-in-new-york/
This is good news that US companies are interested in getting in bed with Argentina again. Argentina can't do it on it's own. They desperately need foreign investors/partners in the oil industry...
Can Argentina lose control of YPF?: sovereign immunity and the case of the Venezuelan oil company - Infobae
Source:
https://www.infobae.com/economia/2024/04/22/puede-perder-argentina-el-control-de-la-ypf-la-inmunidad-soberana-y-el-caso-de-la-petrolera-venezolana/
April 22, 2024
Burford...
The conflict between the governors with the Casa Rosada broke out the agreement between Milei and the PRO: Macri detaches himself from the Government - Infobae
Source...
I came across this excellent read. I'm always amazed how Argentina went from being one of the wealthiest to this.
https://www.bowtiedmara.io/p/argentinas-century-long-decline
arable land
argentina
british treaty
conquest of the desert
economic history
free market
indigenous peoples
land grants
land ownership
privatization
rich families
ultra wealthy
wealth
ypf
Argentina found liable for $16bn in damage over oil group nationalization - Financial Times
https://www.ft.com/content/c836f7cc-ee4f-4a47-998d-b7a38c90a62b