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U.S. Judge Orders Argentina to Relinquish YPF Stake

posted 13 hours ago

U.S. Judge Orders Argentina to Relinquish YPF Stake single-panel cartoon

“Looks like justice has an oily complexion.”

A U.S. judge has ruled that Argentina must give up its 51% controlling stake in state-run oil company YPF. This decision comes as the country faces financial difficulties and is part of a compensation process for previously seized shares.

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