Cristina Fernández de Kirchner, Argentina's President or better known as "New Evita", introduced last week into Argentina's Congress her intention of expropriating 51% of YPF's shares, mainly owned by Spanish's petrochemical Repsol.
Although Repsol is trying to convince and calm the markets, stating that this decision does not deplete by any means the expansion plans that the company is already implementing, it has already had a harmful impact on the stock market.
So what will the world's next step be? It seems as if the EU are studying a possible way to redirect The Pink House's decision.
Take a look at this video: http://www.bbc.co.uk/news/business-17810733
Taking from the rich is always popular politics, but is it always the right thing to do? Well, it seems as if Argentinians support the measure, but, is it actually legal, or at least morally correct?
LET US KNOW WHAT YOU THINK ABOUT THIS!