Tuesday, 24 April 2012 18:04
Written by Kevin Kunitake
Argentina’s oil nationalization leads to speculations of replacement at economic summit.President Cristina Fernández’s decision to nationalize YPF, a subsidiary of the Spanish oil company Repsol, has sparked discussions about a possible expulsion of Argentina from the upcoming G20 economic summit and replacing it with Chile.
The discussions come as the international community, including the
European Union and the World Bank, has criticized Fernández for the move.