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Politics

Argentina’s state-owned firms: So far, not so good

May 10, 2012

JUBILANT Argentines flooded the congressional plaza in Buenos Aires on May 3rd to rattle tambourines, shake banners and fly balloons emblazoned with the logo of YPF, Argentina’s biggest oil company, after Congress had firmly approved its nationalisation. The seizure of YPF was the most drastic step yet in the campaign by Cristina Fernández, the president, to bring “strategic” industries back under government control. The country’s... full story

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Argentina’s state-owned firms: So far, not so good

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