TOP STORIES

DON'T CRY FOR REPSOL, ARGENTINA

Applause in Vaca Muerta

THE BEST

"I'm the head of State, not a thug!". Words of the Argentinian president, Cristina Fernandez de Kirchner, avoiding a direct answer to the question: How will Argentina face the reprisals from the markets, and the prospect of scarce foreign investment in the future, as they will be inhibit by this protectionist policies?
All these questions emerged after the announcement of the nationalisation of YPF, the most important oil company in the country, controlled by 57,4 per cent by Spanish oil company Repsol.  The expropriation happens shortly after the discovering of one of the world's largest deposits of shale oil and gas at Vaca Muerta, in western Argentina.

It has been said that Repsol wants a compensation of 10 billion dollars, but the Argentinian  government has already state it won't meet that value, not even close, arguing speculation price.
One can be tempted to say this is not the way to do business. And it's true. But the large accepted conventional ways are out of order. For all it's possible to understand, people in Argentina are all in favour for this move. So, they found a huge deposit of oil and gas. Where would the money go? Some big time players in Wall Street or in other stock markets?






THE NORWEGIAN SEWER

THE WORST

A brainless man, whose name is not worth mention, stated in court he would repeat the massacre of July 22  in Norway if he had the chance. This creature adds he either want to be killed or acquitted. Of course, he won't be neither. But one can only hope Norwegians find a way to put the man cleaning toilets or in the sewers for the rest of his life, as those are his natural habitats.

Victims of the 22 July massacre