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Serbian police remove street blockades in Belgrade and make new arrests as tensions persist

Serbian police remove street blockades in Belgrade and make new arrests as tensions persist

BELGRADE, Serbia (AP) — Serbian police removed street blockades in the capital Belgrade early Monday that were set up as part of a protest over a spate of arrests of anti-government protesters after a massive rally demanding an early parliamentary election.
Thousands of demonstrators placed metal fences and garbage containers at various locations in Belgrade and elsewhere throughout the country Sunday evening, including a key bridge over the Sava River in the capital. Protesters say they plan to return Monday.
Police said in a statement that a number of people have been detained without specifying how many. Video posted on social media showed police vehicles driving at high speed through a blockade in one Belgrade street and people fleeing in panic.
The blockades are part of persistent dissent against the government of populist President Aleksandar Vucic that started after a train station canopy crashed in the country's north, killing 16 people.
Protesters have demanded justice for the victims of the canopy collapse in Novi Sad on Nov. 1, which many in Serbia blame on corruption-fueled negligence in state infrastructure projects.
Tens of thousands of people gathered Saturday at a student-led protest in Belgrade to call for the snap vote they hope will oust Vucic's right-wing government. Groups of protesters clashed with police after the official part of the rally ended. Dozens were later detained.
Vucic has refused to call the election, which is scheduled to be held in 2027. University students and professors are a key force behind nearly eight months of almost daily protests and Vucic has accused them of 'terror' and attempts to destroy the country.
Nearly 50 officers and 22 protesters were injured in clashes late Saturday. Riot police used batons, pepper spray and shields to charge at demonstrators who threw rocks and other objects at police cordons. Nearly 40 people face criminal charges over the clashes, police said.
Authorities also have detained at least eight university students for alleged acts against constitutional order and security, accusing them of planning attacks on state institutions. Protesters have demanded their immediate release.
Critics say Vucic has become increasingly authoritarian since coming to power over a decade ago, stifling democratic freedoms while allowing corruption and organized crime to flourish, which he has denied.
Serbia is formally seeking entry to the European Union, but Vucic's government has nourished relations with Russia and China.

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In a blow to Milei, a US judge orders Argentina to turn over its majority stake in state oil company
In a blow to Milei, a US judge orders Argentina to turn over its majority stake in state oil company

The Hill

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  • The Hill

In a blow to Milei, a US judge orders Argentina to turn over its majority stake in state oil company

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In a blow to Milei, a US judge orders Argentina to turn over its majority stake in state oil company
In a blow to Milei, a US judge orders Argentina to turn over its majority stake in state oil company

San Francisco Chronicle​

time44 minutes ago

  • San Francisco Chronicle​

In a blow to Milei, a US judge orders Argentina to turn over its majority stake in state oil company

BUENOS AIRES, Argentina (AP) — The fate of Argentina's state-run oil company was thrown into doubt Monday as a U.S. judge ordered the cash-strapped country to give up its 51% controlling stake in YPF in partial compensation for seizing the shares of former investors during its 2012 nationalization of the energy group. The ruling — a dramatic effort to enforce a $16 billion U.S. court judgement against Argentina — presents a new headache for libertarian President Javier Milei, the ideological foil for left-wing former President Cristina Fernández de Kirchner who oversaw Argentina's contentious takeover of YPF and ensuing legal battles during her tenure (2007-2015). Milei vowed to appeal the ruling. Fernández's abrupt move to seize control of YPF at the time helped bring serial defaulter Argentina further infamy for abandoning its global financial obligations. Milei inherited an economy in shambles after decades of reckless state spending and campaigned on pledges to privatize state companies. In granting the request of former shareholders largely represented by Burford Capital, which finances litigation in return for a share of the winnings, Judge Loretta Preska of the Southern District of New York gave Argentina two weeks to transfer its shares in YPF to Bank of New York Mellon Corp, the major U.S. custody bank, according to the ruling seen by The Associated Press. Because YPF is listed on the New York Stock Exchange, the plaintiffs could file the lawsuit in a U.S. district court. Shares of YPF closed down 5.6%. The judgement stems from a long-running legal case that in 2023 saw Judge Preska find Argentina liable for $16.1 billion in damages and interest. The plaintiffs argue that the government should have launched a tender offer for stakes held by minority shareholders. Milei, whose government has struggled to build up depleted foreign reserves, has vowed to appeal the ruling 'to defend national interests" and blamed the problem on his political rivals. 'More than 10 years have passed, and we Argentines continue to suffer the consequences of the worst government in Argentine history,' he wrote on social media platform X. Marcelo J. García, Director for the Americas at the New York-based Horizon Engage risk consultancy, said the ruling was 'a reminder for the Milei administration that the country's problems will not go away just because he blames the opposition for them.' 'Control of YPF is important for Milei; that's why an appeal is the only option for him,' he added. Paying up and losing the controlling stake in YPF — which has become a pillar of the economy — would cripple Argentina at a crucial moment for Milei's government. YPF has accelerated its drive to develop the country's huge reserves of shale gas in the Vaca Muerta field in Argentine Patagonia. Crude production at Vaca Muerta has steadily climbed, hitting record production in May at 448,000 barrels per day, 22.5% more than the same month in 2024, according to official data. In 2024, YPF notched a net profit of almost $2.4 billion, up from a $1.3 billion loss the year before. ____

Voters favored casting early and mail ballots in last year's presidential election, report shows
Voters favored casting early and mail ballots in last year's presidential election, report shows

Hamilton Spectator

time2 hours ago

  • Hamilton Spectator

Voters favored casting early and mail ballots in last year's presidential election, report shows

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