{"page":"\u003clink rel=\"stylesheet\" href=\"https://lessonplanet.com/assets/packs/css/resources-c03aa079.css\" /\u003e\n\u003clink rel=\"stylesheet\" href=\"https://lessonplanet.com/assets/packs/css/lp_boclips_stylesheets-517835be.css\" media=\"all\" /\u003e\n\u003cdiv data-title='Workers celebrate government decision to expropriate Repsol\u0026#39;\u0026#39;s shares of company' data-url='/boclips/videos/5c54bce6d8eafeecae13011d' data-video-url='/boclips/videos/5c54bce6d8eafeecae13011d' id='bo_player_modal'\u003e\n\u003cdiv class='boclips-resource-page modal-dialog panel-container'\u003e\n\u003cdiv class='react-notifications-root'\u003e\u003c/div\u003e\n\u003cdiv class='rp-header'\u003e\n\u003cdiv class='rp-type'\u003e\n\u003ci aria-hidden='true' class='fai fa-regular fa-circle-play'\u003e\u003c/i\u003e\nVideo\n\u003c/div\u003e\n\u003ch1 class='rp-title' id='video-title'\u003e\nWorkers celebrate government decision to expropriate Repsol\u0026#39;\u0026#39;s shares of company\n\u003c/h1\u003e\n\u003cdiv class='rp-actions'\u003e\n\u003cdiv class='mr-1'\u003e\n\u003ca class=\"btn btn-success\" data-posthog-event=\"Signup: LP Signup Activity\" data-posthog-location=\"body_link_boclips\" data-remote=\"true\" href=\"/subscription/new\"\u003e\u003cspan\u003e\u003cspan\u003eGet Free Access\u003c/span\u003e\u003cspan class=\"\"\u003e for 10 Days\u003c/span\u003e\u003cspan\u003e!\u003c/span\u003e\u003c/span\u003e\u003c/a\u003e\n\u003c/div\u003e\n\u003c/div\u003e\n\u003c/div\u003e\n\u003cdiv class='rp-body'\u003e\n\u003cdiv class='rp-info'\u003e\n\u003cdiv aria-label='Hide resource details' class='rp-hide-info' role='button' tabindex='0'\u003e\u0026times;\u003c/div\u003e\n\u003ci aria-label='Expand resource details' class='rp-expand-info fai fa-solid fa-up-right-and-down-left-from-center' role='button' tabindex='0'\u003e\u003c/i\u003e\n\u003ci aria-label='Compress resource details' class='rp-compress-info fai fa-solid fa-down-left-and-up-right-to-center' role='button' tabindex='0'\u003e\u003c/i\u003e\n\u003cdiv class='rp-rating'\u003e\n\u003cspan class='resource-pool'\u003e\n\u003cspan class='pool-label'\u003ePublisher:\u003c/span\u003e\n\u003cspan class='pool-name'\u003e\n\u003cspan class='text'\u003e\u003ca data-publisher-id=\"30356011\" href=\"/search?publisher_ids%5B%5D=30356011\"\u003eCurated Video\u003c/a\u003e\u003c/span\u003e\n\u003c/span\u003e\n\u003c/span\u003e\n\u003c/div\u003e\n\u003cdiv class='rp-description'\u003e\n\u003cspan class='short-description'\u003e1. Wide of march in support of the nationalisation of oil firm YPF including banner reading (Spanish) \"Former YPF workers: with Cristina (referring to Argentine President Cristina Fernandez) YPF is back.\" ++MUTE++2. Mid of demonstrator...\u003c/span\u003e\n\u003cspan class='full-description hide'\u003e1. Wide of march in support of the nationalisation of oil firm YPF including banner reading (Spanish) \"Former YPF workers: with Cristina (referring to Argentine President Cristina Fernandez) YPF is back.\" ++MUTE++\u003cbr/\u003e2. Mid of demonstrator laying a (now outdated) Repsol-YPF flag on the floor and wheels of car driving over it \u003cbr/\u003e3. Various of marchers arriving at the main YPF building in Ensenada (a municipality within the city of La Plata) \u003cbr/\u003e4. Wide of security closing gate to stop the demonstrators from entering, some demonstrators climb the fence \u003cbr/\u003e5. Wide of YPF employees celebrating with flags \u003cbr/\u003e6. Various of workers opening gate to YPF building and streaming in ++MUTE++\u003cbr/\u003e7. Various of workers cheering and raising Argentinean flag\u003cbr/\u003e7. SOUNDBITE: (Spanish) Mario Secco, Mayor of the municipality of Ensenada:\u003cbr/\u003e\"In those days (1992 when YPF was privatised) they even took the statue of the Virgin and we had to come here, the people of Ensenada, and get the Virgin back because even that they were stealing during the times of privatisation. They literally took the statue of the Virgin and the people of the municipality got really angry and I remember we had a demonstration back then and we put the Virgin back in its place. The truth is, we suffered a lot of mishandlings and today we are celebrating the decision of the president which gives us a lot of comfort. It''s historic, the truth is I could talk for hours of the historical moment Argentina is living today.\" \u003cbr/\u003e8. Wide of demonstrator waving Argentinean flag on YPF building ++MUTE++\u003cbr/\u003e9. Wide of people celebrating outside the YPF building ++MUTE++\u003cbr/\u003eHundreds of former employees of Argentina''s YPF reunited with current workers in the city of La Plata on Tuesday to celebrate their president''s decision to nationalise the oil company.\u003cbr/\u003ePresident Cristina Fernandez earlier decreed that her government will recover YPF by expropriating Spanish company Repsol''s majority stake in the company.\u003cbr/\u003eThe march, organised by a local union, arrived at the main YPF plant in the municipality of Ensenada and was granted access to the plant by euphoric workers.\u003cbr/\u003eAmong them was the mayor of Ensenada who hoisted the Argentinean flag and recalled when the company was privatised in 1992 under the rule of Carlos Menem. \u003cbr/\u003e\"The truth is we suffered a lot of mishandlings and today we are celebrating the decision of the president which gives us a lot of comfort. It''s historic, the truth is I could talk for hours of the historical moment Argentina is living today,\" said Mario Secco, Mayor of the municipality of Ensenada.\u003cbr/\u003eArgentina''s takeover of its top energy company from Spain''s Repsol has thrilled Argentines who blame privatisation for the collapse of their economy a decade ago. \u003cbr/\u003eFernandez, who already nationalised Argentina''s flagship airline and private pension funds, said her aim is to do nothing less than to recover her country''s sovereignty. \u003cbr/\u003eShe accused Repsol of provoking an energy crisis by exporting too much of Argentina''s oil and failing to invest locally even as it paid huge dividends abroad. \u003cbr/\u003eThe takeover may allow Argentina to change YPF''s export and investment strategy, but it has provoked an avalanche of diplomatic protests and vows of retaliation from Spain and its allies.\u003cbr/\u003eIt could also scare off investors just when YPF needs billions of dollars and long-term commitments to exploit what could be the world''s third largest unconventional energy reserves, in Argentina''s Patagonia region.\u003cbr/\u003eFernandez appointed Planning Minister Julio de Vido and Deputy Economy Minister Axel Kicillof to run the company, which was state-owned since the 1920s until it was privatised in the 1990s.\u003cbr/\u003eEnergy-rich Argentina has gone from being a major exporter of natural gas and oil to a major buyer of expensive energy imports that erode the trade surplus, which has helped sustain Argentina''s high economic growth over the past nine years.\u003cbr/\u003e\u003c/span\u003e\n\u003c/div\u003e\n\u003cdiv class='action-container flex justify-between'\u003e\n\u003cbutton aria-expanded='false' aria-label='Read more description' class='rp-full-description' type='button'\u003e\n\u003ci class='fai fa-solid fa-align-left'\u003e\u003c/i\u003e\n\u003cspan id='read_more'\u003eRead More\u003c/span\u003e\n\u003c/button\u003e\n\u003cdiv 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