Repsol YPF SA (REP), the Spanish oil explorer seeking $10.5 billion from Argentina for seizing its assets, will line up behind companies from Exxon Mobil Corp. to Unisys Corp. yet to be repaid by the most-sued nation on earth.
There are 26 cases pending against Argentina, more than any other country, at the World Bank’s International Centre for Settlement of Investment Disputes in Washington, the principal arbitration court for claims against sovereign countries. So far, it has refused to pay any of the tribunal’s judgments, according to a Bank of America Merrill Lynch economists’ report.
End of times not quite here yet: Mayan art and calendar at Xultun stun archaeologists
“The ancient Maya predicted the world would continue, that 7,000 years from now, things would be exactly like this,” he said.
A modest concession to reality, but the weird news continue: Venezuela crossword Chavez assassination plot denied
A Venezuelan crossword compiler has been questioned by intelligence agents after being accused of hiding a coded assassination message in a puzzle.
The week’s posts:
Saturday tango: CNN version