Argentine President Cristina Fernandez holds a petroleum sample as she announces plans for her government to nationalize a giant oil company that is largely owned by a private Spanish company, Repsol. Behind her is an image of the country's former first lady, Eva Peron.
Credit Diego Giudice / Bloomberg via Getty Images
A pump extracts crude oil in western Argentina, at the foot of the Andes mountain range near the border with Chile, in 2007. The refinery is owned by the Spanish company Repsol, but Argentina's government plans to take over the company, which is complaining about the move.
Originally published on Fri April 20, 2012 9:39 am
It's sounds like a story from the past: A Latin American leader announces plans to nationalize a large foreign company, touching off a high-stakes battle that involves money, politics and diplomacy.
Yet it's happening right now. Argentina's President Cristina Fernandez said this week that her country plans to take over a giant Spanish oil company at a time when the economies in both countries are facing challenges.
Spanish officials are threatening to retaliate against Argentina for seizing a majority of shares in the biggest oil company in Argentina, YPF.
Originally published on Fri April 20, 2012 2:30 pm
The nation's oldest ball park is turning 100. Boston's Fenway Park has been home to the Red Sox through some of baseball's greatest highs and most heartbreaking lows. The park also narrowly escaped the fate of similar old stadiums that were torn down.
This is ALL THINGS CONSIDERED from NPR News. I'm Melissa Block.
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It's been less than a week since North Korea's failed rocket launch created an international furor. Well, today, India tested its own long-range missile. The new weapon is capable of carrying a nuclear warhead to Beijing, and the test went off with little international comment. The Indian government called the successful launch a historic event in the country's development.
It's part of a new campaign to steer patients (and their doctors) to what the College of Physicians calls "high value care," and away from expensive tests and treatments that aren't any better — and often are worse.
Mya (Meagan Good), while dating Zeke (Romany Malco), follows the do's and don't's of dating advice from comedian Steve Harvey's real-world self-help book Act Like a Lady, Think Like a Man.
Credit Alan Markfield / Sony Pictures
When the men — Jeremy (Jerry Ferrara), Bennett (Gary Owen), Michael (Terrence J), Dominic (Michael Ealy) and Zeke — discover the women are using dating tactics from Steve Harvey's book, they decide to turn the tables on their significant others.
Another country hoping to revive one of its marquee sporting events is Bahrain. Formula 1's Bahrain Grand Prix was called off last year during the Arab Spring demonstrations. The international racing event brings in half a billion dollars to Bahrain and draws more than 100 million TV viewers around the world. This year's race is set for Sunday despite plans by anti-government protesters to target the event. For more, I'm joined by Ryan McGee. He's a senior writer for ESPN The Magazine. Hey there, Ryan.
Originally published on Thu April 19, 2012 5:34 pm
Alabama is near the bottom of the country's academic rankings. The state has problems with test scores, school improvement ratings and dropouts. But the district in Birmingham has a different kind of issue. The state recently took over the school board because of infighting on the board. The move has triggered cries of racism.
Yum Brands, the company that owns Taco Bell and Pizza Hut, says it's the latest corporation to break ties with the American Legislative Exchange Council — a group that brings state lawmakers and corporate lobbyists together to write legislation.
Liberal groups are pressuring corporations to abandon ALEC, and a dozen companies have now dropped out.
This week, ALEC did some damage control. It said it is shutting down its task force on public safety and elections, which wrote controversial measures on voter ID, "stand your ground" and immigration reform.
Mitt Romney spoke at a shuttered factory in Lorain County, Ohio, Thursday. He was giving a response to President Obama, who spoke in the same county a day before. Romney blamed the president for failing to turn around the economy and re-open the factory. Ari Shapiro tells Melissa Block Ohio is once again expected to be a battleground state.