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Economy & Business - May 2026
ARGENTINA: Milei bags victory in YPF nationalisation case
President Javier Milei enjoyed another major breakthrough when a US appeals court backed Argentina in a long-standing legal dispute surrounding minority shareholder claims related to the nationalisation of oil company YPF in 2012. The ruling saves the Argentine government more than US$16bn in punitive damages and paves the way for its return to international capital markets.
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