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US judge orders Argentina to pay $16.1 bn for oil firm expropriation
US judge orders Argentina to pay $16.1 bn for oil firm expropriation
by  AFP

A US judge on Friday ordered Argentina to pay nearly $16.1 billion to two companies that were not compensated as minority shareholders for the 2012 nationalization of the YPF oil giant. Two years after Argentina's nationalization of YPF, Repsol, the Spanish giant, was compensated with $5 billion to settle litigation.

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