Tag Archives: Nationalization

Manta: What Next?

By Eliot Brockner | Published: February 16, 2009
“We won’t renew the contract in 2009”, Ecuadorean President Rafael Correa said in December 2006, roughly three weeks before his inauguration as Ecuador’s seventh president in the past 10 years. Citing sovereignty issues, Correa claimed “[Ecuador] would extend the treaty only if the United States allows us to put an Ecuadorian base in Miami.” With [...]
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Argentina’s Latest Nationalization

By Eliot Brockner | Published: December 21, 2008
  The current Argentine government clearly agrees with this 2006 advertisement for Aerolineas Argentinas. Less than two months after Argentina announced the state would be taking control of $30 billion dollars worth of privatized pension funds, the Argentine government has renationalized Aerolineas Argentinas and Austral after 18 years of Spanish ownership with a 42-22 vote in [...]
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