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Truth is in favor of you and me; for the truth of our enemies whom we have been serving here in the U.S.A. for over 400 years (whom we did not know to be our enemies by nature) is the truth that the Black Man must have knowledge of to be able to keep from falling into the deceiving traps that are being laid by our enemies to catch us in their way which is opposed to the way of righteous of whom we are members. ~ The Honorable Elijah Muhammad

Friday, April 20, 2012

Argentina to Nationalize Largest Oil Company

Citing a net deficit of $3 billion in energy imports and a worsening energy shortage Argentina President Cristina Fernandez de Kirchner announced plans on Monday to nationalize the country’s largest oil company. The proposal would give Argentina a 51% share of YPF oil and gas company currently under the control of the Spanish company Repsol. YPF was privatized in the 1990’s. The move has angered Repsol and Spanish officials who lashed out, saying Fernandez will make Argentina an “international pariah.” However Argentineans welcomed the news with a celebratory rally held in a Buenos Aires. The AP reports Argentineans carried flags and at least one sign reading “Today, with Christina, we recovered YPF.”  » uprisingradio.org


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