Tag: Evo Morales

Evo Morales
Wednesday, May 9th 2012 - 19:14 UTC

India’s ambitious project to mine 20bn tons of iron ore in Bolivia at risk

It was to be the largest foreign investment plan in President Evo Morales’ term

India’s Jinda Steel & Power's ambitious Bolivian project to mine 20 billion tons of iron ore is at risk after the Bolivian government encashed yet another 18-million dollars bank guarantee from the Indian firm for not meeting contractual terms.

Thursday, May 3rd 2012 - 23:35 UTC

IMF does not see a ‘nationalization trend’ in South America; Bolivia in compensation talks

Spokesperson Gerry Rice: “it’s a very diverse region”

The International Monetary Fund (IMF) said it does not see a trend in South America toward state nationalization of private companies despite moves made by Bolivia and Argentina in recent weeks, a spokesman said on Thursday.

Thursday, May 3rd 2012 - 07:39 UTC

US and EU concerned with “investment climate” following Bolivia’s seizure of Spanish power company

Spanish minister Luis de Guindos criticised the move but said Bolivia had guaranteed compensation

Bolivian President Evo Morales Government’s decision to nationalize the main power transport company that was in hands of Red Eléctrica Española (REE) generated claims from Spain, while United States and the European Union showed their “concern.”

Wednesday, May 2nd 2012 - 05:07 UTC

Bolivia seizes Spanish owned power company, but promises fair compensation

President Morales made the announcement hours before inaugurating a Repsol gas processing plant which will supply Argentina

Bolivian President Evo Morales announced on Tuesday the expropriation of Spain’s Red Eléctrica Española (REE) shares at a power transmission company in Bolivia and ordered the Army to take over the firm's headquarters.

Wednesday, April 18th 2012 - 01:05 UTC

Bolivia’s Morales takes distance from YPF/Argentina conflict and praises Repsol

Bolivian president said “the issue Argentina/Repsol is an issue between Argentina and Spain”

Bolivian president Evo Morales clearly took distance from Argentina’s expropriation of YPF, the Argentine affiliate of Spain’s Repsol which was announced on Monday and caused a major rift between Argentina and Spain and the European Commission.

Wednesday, April 11th 2012 - 02:09 UTC

Bolivia rescinds contract to build road through Amazon Indian reservation

President Morales had to step back from the project financed by Brazil

Bolivian President Evo Morales says he is rescinding the contract of a Brazilian firm to build a controversial road through the Amazon rainforest. He accused the firm, OAS, of not complying with the terms of the deal.

Tuesday, March 20th 2012 - 00:24 UTC

Colombia tells Bolivia it deserves to have access to the Pacific Ocean

President Santos and Bolivia’s Evo Morales during their recent meeting

Colombia has consistently supported Bolivia in its mission to reclaim a passage to the Pacific Ocean and the country reiterated its support last week during a meeting between the two heads of state in Bogotá.

Tuesday, March 13th 2012 - 00:58 UTC

Morales defends Bolivians right to chew coca leaves at UN anti-drugs meeting

Coca leaf producers were not “drug dealers”, it’s a millennium old tradition says Morales

Bolivian President Evo Morales defended Bolivians' right to chew coca leaves, the main ingredient of cocaine, on Monday, saying it was an ancient tradition and the world's No. 3 cocaine producer was working to fight drug trafficking.

Saturday, January 14th 2012 - 06:16 UTC

Bolivia ratifies complete support for Argentina’s Malvinas sovereignty claim

President Morales accused Foreign Secretary Hague of trying to blackmail Mercosur leaders

Bolivian president Evo Morales said the Malvinas Islands are Argentine and gave full support to his peer Cristina Fernandez siding with Mercosur in the dispute with the UK over the South Atlantic Islands sovereignty and the latest decision to bar all Falklands flagged vessels from regional ports.

Wednesday, November 9th 2011 - 06:25 UTC

Bolivia and Washington restore full diplomatic relations

President Evo Morales expelled the US ambassador in 2008

Bolivia and the United States restored full diplomatic ties Monday for the first time since 2008. Three years ago the Andean nation's government expelled the US ambassador and the Drug Enforcement Administration (DEA). The US expelled the Bolivian ambassador in return.

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