Milei makes waves by taking his dog Conan to interview

Thanks primarily to Axel Kicillof, the only wave that Presidente Milei has been involved in lately is the tsunami under which he was buried on 30JUN25 by U.S. District Judge Loretta Preska in Manhattan who ordered Argentina to transfer a 51% stake in YPF by 14JUL25 to BNY Mellon. Then, within 24 hours, the funds were ordered to be transferred by BNY Mellon to plaintiffs.

Tough break for a swell guy. Thanks for the IMF loan though.
 
Thanks primarily to Axel Kicillof, the only wave that Presidente Milei has been involved in lately is the tsunami under which he was buried on 30JUN25 by U.S. District Judge Loretta Preska in Manhattan who ordered Argentina to transfer a 51% stake in YPF by 14JUL25 to BNY Mellon. Then, within 24 hours, the funds were ordered to be transferred by BNY Mellon to plaintiffs.

Tough break for a swell guy. Thanks for the IMF loan though.
I have a hard time seeing how a company bylaw (intended to bind private investors wanting to take over YPF) takes precedence over a sovereign government decision to nationalize YPF. I think that's what Kicillof believes also.

Also, remember that Repsol were compensated with USD 5 billion for 51% of YPF, and now the amount in play for the remaining 49% is USD 16 billion? How does that make sense? The vulture funds get to profit from investment they didn't contribute to?

It looks like a huge over-reach by the US.
 
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