Morales 'king' of Bolivia; his two thirds majority in congress open the way to reform the constitution
President Evo Morales swept to a third term with 61% of the vote, electoral officials said in confirming the result. The October 12 balloting was a massive vote of support and a strong mandate to expand his reforms which will have a swift legislative discussion since Morales party obtained two thirds of the Legislative Assembly benches.
Evo Morales easily won an unprecedented third term as Bolivia’s president Sunday on the strength of the economic and political stability brought by his government, according to unofficial results.
South Korea's Hyundai-Byucksan consortium started construction of a bridge 1,440 meters long in eastern Bolivia, a span that will be the country's longest and will require an investment of 49.9 million dollars, some of which will come from a loan from Seoul.
Evo Morales, Bolivia’s first indigenous president, inaugurated the first World Conference on Indigenous Peoples at the UN on Monday and said he is living proof that the community can “govern and not just vote.”
Brazil's Petrobras sold its stake in a Bolivian natural gas pipeline operator, continuing a string of asset sales aimed at generating cash for development of offshore oil fields at home. The Brazilian giant said it sold its 44.5% stake in Transierra to Bolivian state-owned YPFB for 106.7 million dollars.
The Organization of American States (OAS) and Bolivia signed on Friday the agreement on privileges and immunities for the Electoral Observation Mission, (EOM) to be deployed to the general elections to be held in Bolivia on 12 October.
Uruguay promulgated the bill which incorporates Bolivia as the latest member of Mercosur, the South American group made up of Argentina, Brazil, Paraguay, Uruguay and Venezuela. The incorporation of Bolivia should help with the consolidation of a Mercosur Atlantic-Pacific corridor across South America.
The lasted chapter of the resurgent diplomatic conflict between Argentina and Uruguay was not addressed during a brief encounter of presidents Cristina Fernandez and Jose Mujica in Bolivia where they attended the G77 plus China summit over the weekend.
The summit of G77 leaders plus China wrapped up Sunday with a call for an end to poverty by 2030, after a demand by Bolivia's President Evo Morales to eliminate the UN Security Council. It also marked the presence of Beijing which has become the leading trade partner of many Latam countries.
The G77 plus China extraordinary summit which took place in Bolivia over the weekend approved two statements in support of Argentina's position in the 'Malvinas Islands question' and a second referred to the current conflict with holdout hedge funds, a long running litigation that has reached the US Supreme Court. Argentine president Cristina Fernández attended the Santa Cruz de la Sierra event.