Nationalization

Argentina's Milei Rejects Burford's $16 Billion Claim Over YPF Nationalization

14 days ago

In a significant development in the ongoing saga of Argentina's nationalization of YPF, President Javier Milei has officially snubbed a claim from Burford Capital, which seeks a colossal $16 billion in compensation. This decision underscores the government's unwavering stance against international entities demanding restitution for past actions tied to the controversial expropriation of the major energy company.

UK's Labour Party Launches Nationalization Initiative with Train Services

4 months ago

In a significant move that marks a departure from decades of privatization in the UK railway sector, the Labour Party has officially commenced the process of nationalizing three train services. This initiative is part of a broader policy aimed at reshaping the transportation landscape in the country and re-establishing public control over essential services.