Here are all the plausible explanations for why Christina Fernández, the president of Argentina, has kicked Spanish oil company Repsol out of its 51% shareholding in the Argentine oil company YPF.
- She just don’t give a f—.
- Revenge against the Eskenazi family.
- Righteous disapproval of YPF’s insane 90% dividend payout policy, which meant that there was very little money left for the oil company to invest in…oil.
- To distract from the country’s mounting economic and social woes.
Let’s take each one in turn. Continue Reading