The United Status federal budget dropped to 247 billion US dollars in fiscal 2006, the lowest level in the last four years, announced the Treasury Department. The figure is 22% below the 318.7 billion US dollars of the previous year.
World crude prices fell again Wednesday with New York oil hitting its lowest level of the year in spite of OPEC's announcement that cartel members have agreed on cutting production by up to a million barrels per day.
Peruvian president Alan Garcia expressed concern with the Bolivian-Venezuelan technical cooperation agreement which includes the construction of twenty military bases along Bolivia's frontiers with five neighbouring countries.
In the midst of growing pressure from social movements, the Bolivian government and the ruling party are calling for a massive rally on Thursday in support of president Evo Morales, announced the presidential spokesperson Alex Contreras.