Expropriation Masterclass
The international energy sector is reeling from the news announced yesterday by Argentina’s fiery president Cristina Kirchner that she plans to renationalize some of the country’s energy assets – namely 51% of YPF, owned by a now-enraged Spain. Foreign Policy’s Joshua E. Keating has a wonderfully sardonic take on this, a five step guide for aspiring dictators wishing to achieve similar objectives. Step 4a draws on the work of the master. It is simply entitled ‘The Putin Method’: