Laureano Ponce: Nationalization

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jueves, 21 de mayo de 2015

Argentina Nationalizes Railways

Argentine President Cristina Fernandez presided over a rally Wednesday to celebrate the recently enacted law nationalizing the country's railways and mark the anniversary of the May Revolution of 1810, which led to the nation's independence. The law is considered a major step in reasserting Argentine national sovereignty, undermined by previous neoliberal governments.

Laureano Ponce reports from Buenos Aires.

viernes, 17 de abril de 2015

Argentina Nationalizes Rail System

The Argentine Senate voted Wednesday to re-nationalize the country's railway system and boost its efficiency. Passenger service had already been in state hands; the bill, sent to the Senate last month by President Cristina Fernandez, now nationalizes freight operations as well. The measure, which had almost unanimous support in the legislature, will help the country's economy and benefit areas outside the capital.

Laureano Ponce reports from Buenos Aires.

jueves, 9 de abril de 2015

Argentine Parliament moves toward railway nationalization

Argentina's Parliament has approved a bill to create a new publicly owned company to operate the railroad system and return a strategic sector to the public domain. The railwayw were privatized under previous neoliberal administrations. The bill places emphasis on efficiency, which many have believed can only be achieved by private industry. Even the opposition voted for the bill, indicating overwhelming support for the measure and bringing the nationalization of the railways one step closer.

Laureano Ponce reports from Buenos Aires for teleSUR.

lunes, 30 de marzo de 2015

Argentine opposition critical of publicly owned company

Argentin'as Congress has begun to discuss the nationalization of the railways. The head of the Transportation Committee of the Lower House said that the opposition showed a critical attitude towards the new publicly owned company that will be created to build passes. The bill shows the goals that the Cristina Fernandez administration is pursuing for improving rail transportation.

Laureano Ponce reports from Buenos Aires for teleSUR

martes, 3 de marzo de 2015

Argentina to re-nationalize railways

In her speech to Congress on Sunday, Argentine President Cristina Fernandez announced that the nation's railways would be re-nationalized. The move is at least partially in response to the inefficient private management of the rail system. Fernandez announced other measures designed to protect and support domestic industry and job creation.

Laureano Ponce reports from Buenos Aires.