{"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='Spanish FM comments on Repsol row with Argentina' data-url='/boclips/videos/5c54bd9fd8eafeecae13569e' data-video-url='/boclips/videos/5c54bd9fd8eafeecae13569e' 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\nSpanish FM comments on Repsol row with Argentina\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. Close of cameraman2. SOUNDBITE (Spanish) Jose Manuel Garcia-Margallo, Spanish Foreign Minister: \"I am not uncomfortable with Hillary Clinton. However, I will indicate to her the Spanish government''s concern about the arbitrary...\u003c/span\u003e\n\u003cspan class='full-description hide'\u003e1. Close of cameraman\u003cbr/\u003e2. SOUNDBITE (Spanish) Jose Manuel Garcia-Margallo, Spanish Foreign Minister: \u003cbr/\u003e\"I am not uncomfortable with Hillary Clinton. However, I will indicate to her the Spanish government''s concern about the arbitrary decision taken by Argentina.\"\u003cbr/\u003e3. Close of cameras\u003cbr/\u003e4. SOUNDBITE (Spanish) Jose Manuel Garcia-Margallo, Spanish Foreign Minister: \u003cbr/\u003e\"This government first reflects and then decides. Once we have decided we will adopt some measures. But we are waiting for the president who is in Latin America and he has collected first hand information from our partners there.\"\u003cbr/\u003e5. Mid of cameraman\u003cbr/\u003eSpain''s Foreign Minister said his country was weighing up its options before taking any action, after Argentina announced its decision to renationalise YPF, its top energy company, from the control of Spanish company Repsol. \u003cbr/\u003eArgentine President Cristina Fernandez made Spain furious by decreeing that her government will recover YPF by expropriating Repsol''s majority stake in the company. \u003cbr/\u003eFernandez, who has already nationalised Argentina''s flagship airline and private pension funds, said her aim is to recover her country''s sovereignty.\u003cbr/\u003eSpain''s Foreign Minister, Jose Manuel Garcia-Margallo, was in Brussels on Wednesday attending a NATO summit. \u003cbr/\u003eHe said he planned to discuss his concerns over the matter with US Secretary of State Hillary Rodham Clinton.\u003cbr/\u003e\"I will indicate to her the Spanish government''s concern about the arbitrary decision taken by Argentina,\" he told journalists on his way into the meeting. \u003cbr/\u003e\"Once we have decided we will adopt some measures. But we are waiting for the president who is in Latin America and he has collected first hand information from our partners there,\" he added, referring to Spanish Prime Minister Mariano Rajoy who is attending a World Economic Forum event in Mexico.\u003cbr/\u003eFernandez accused Repsol of provoking an energy crisis by exporting too much of Argentina''s oil and failing to invest locally, while paying huge dividends abroad.\u003cbr/\u003eThe takeover by Argentina of its top energy company from Repsol might solve the country''s short-term energy needs, and it thrills Argentines who blame privatisations for their economy''s collapse a decade ago, but analysts say it sends a terrible signal to anyone wanting to invest in Argentina.\u003cbr/\u003eRe-nationalising YPF is a gamble that could boost her popularity ratings, which dropped from 70 percent in January to 50 percent in April, according to the Poliarquia tracking poll, following a scandal involving her vice president, soaring inflation, a cooling economy, reductions in utility and transportation subsidies and a deadly train crash.\u003cbr/\u003eFernandez named Planning Minister Julio de Vido and Deputy Economy Minister Axel Kicillof to run the company, which had been state-owned since the 1920s and a source of pride for Argentines until it was privatised in the 1990s.\u003cbr/\u003eThe move spoils Argentina''s and Spain''s good relations and affects Mexico''s state-owned Petroleos Mexicanos, which owns 10 percent of Repsol and is among many shareholders around the world who watched the announcement with dismay.\u003cbr/\u003eSpain''s government prepared retaliatory measures, the European Commission indefinitely postponed a bilateral trade meeting between the European Union and Argentina, and other countries were considering diplomatic, legal and economic counter-measures.\u003cbr/\u003eIt is lining up allies to contest the nationalisation and possibly isolate Argentina economically. 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