Presidency of Cristina Fernández de Kirchner May 2010, the President traveled to Spain for the European Union-Latin America and the Caribbean summit, where she was asked to compare the 2010 European sovereign debt crisis and the 2001 Argentine's default. Back in Buenos Aires, during the Argentina Bicentennial celebrations, Cristina Fernández did not participate in the military parade of 5,000 troops (which included delegations of Brazil, Chile, Uruguay, Bolivia, etc.) on the 9 de Julio Avenue, which was considered a gest of contempt towards the Argentine Armed Forces. In June 2010, her administration completed the debt swap (which was started by former president Néstor Kirchner in 2005)
Nationalisation in Pakistan 1998, Prime minister Nawaz Sharif imposed economic emergency after performing nuclear deterrence in a direct response to India. All state-owned corporations and private sector industries' assets were frozen by Nawaz Sharif after ordering to freeze the private assets under government control to prevent the financial collapse. From 1999 to 2010, the nationalisation programme was swiftly ended and effectively came to its end until 2011. The nationalisation programme was again promulgated by Prime Minister Yousaf Raza Gillani on 15 December 2011, in order secure and rescue the former state-owned enterprises. The nationalisation programme was put forward to enhance the government ownership