Trump administration supports Milei government.

Trump backing Argentina’s legal move to halt YPF share handover

In the context of the ongoing debate surrounding the prospective transfer of YPF shares as a settlement for a US$16-billion judgment linked to the expropriation of the oil company, the United States government has declared its intention to intervene in court to provide support for Argentina. The administration of US President Donald Trump is preparing … Read more

YPF service station

Argentina’s Government seeks to challenge $16 Billion YPF court decision

Argentina is contesting a US judge’s directive to relinquish 51% of shares in YPF in the expropriation matter; Milei is directing blame towards Kicillof and Fernández de Kirchner as concerns regarding the implications of the ruling intensify. Argentina has officially requested that US Judge Loretta Preska pause the decision mandating the transfer of 51 percent … Read more

YPF

A US judge has ruled that Argentina must turn over a 51% stake in YPF

Argentina is required to relinquish its controlling stake in the prominent energy firm YPF SA within two weeks, following a New York judge’s ruling in favor of litigators in a US$16-billion judgment. This decision poses a significant challenge for President Javier Milei ahead of important midterm elections. Judge Loretta Preska ordered Milei’s government to transfer … Read more