
The Argentinian government of Cristina Kirchner decided to renationalise the oil company YPF from Spanish multinational REPSOL. The Financial Times described it as “economic piracy” and thundered that her actions should not go unpunished. The Venezuelan government has supported the re-nationalisation and offered support on the basis of “sovereign control over natural resources”. To discuss the issues involved we are […]

The results of the first round of the presidential elections in France
mean that the second round will be fought out between Nicolas Sarkozy
and the Socialist Party candidate, François Hollande.

All the talk about the European crisis finally “turning the corner” has gone up in smoke as crisis ruturns big time to Europe.