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To: LLCF who wrote (37726)	5/3/2006 6:32:55 PM
From: LLCF	Respond to of 39344

Heinz on PM shares: Message 22414214 DAK

To: LLCF who wrote (37726)	5/3/2006 9:53:26 PM
From: loantech	Read Replies (2) \| Respond to of 39344

Argentina ala VYE,AQI,IMR?

To: LLCF who wrote (37726)	5/7/2006 12:05:23 PM
From: Valuepro	Read Replies (1) \| Respond to of 39344

Politics? It's irrational, uninformed and biased BS coming from the press in North America that is the biggest threat to foreign investment in Latin America. The word "nationalization" as used by the current flock of neo-Socialists there does not carry the same meaning as it used to. The rights of foreign companies are merely being transfered in a bookkeeping kind of event as regards natural resources. The rights to operate are not being removed, nor are plant and equipment being confiscated. And until these efforts begin to exceed the total taxes on gas and oil revenues in Canada of some 80 percent, what's to fear in some few instances of such costs going to 50% overseas - a somewhat international standard -, where many of those old arrangements were negotiated under fraud and corruption to the ongoing detriment of the poor peoples of those countries. I do agree, however, that as an outside observer, sending in the troops in Bolivia was not only melodramatic, it was clownish (though it may have had important domestic "political" significance). In most cases, businesses will continue to operate as usual, as they have in Venezuela. Just ask Helca, who recently had their concessions converted to contracts (similar to the Bolivian plan) with no disruption in their operations. Our press is so off the mark on this and so many other stories! FWIW, I'm heavily into Peruvian-related issues and not concerned at all about the neo-Socialist moment in Latin America. VP in AZ