Tag: Bolivia

• Saturday, May 5th 2012 - 06:26 UTC

  Uruguay supports Argentina’s seizure of YPF but countries decide “proceedings”

  

  Uruguayan Foreign Minister Luis Almagro backed Argentina’s controversial decision to nationalize the country's biggest oil company YPF arguing countries’ right to recover a strategic market is “indisputable”.

• Thursday, May 3rd 2012 - 23:35 UTC

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

  

  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

  

  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

  

  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.

• Monday, April 30th 2012 - 04:11 UTC

  New YPF management says gas supply is guaranteed, in spite of Repsol

  

  The current managers of YPF accused Spain’s Repsol of deliberately delaying or ignoring contracts to supply Argentina with liquid natural gas, following the seizure of a majority stake in the company belonging to the Spanish corporation.

• Monday, April 30th 2012 - 04:08 UTC

  “Brazil ready to live a natural gas golden era” with self sufficiency in five years

  

  Brazil which currently imports 35% of the natural gas it consumes from Bolivia has found sufficient reserves to ensure self-sufficiency in the coming five years announced Mines and Energy minister Edison Lobao.

• Wednesday, April 18th 2012 - 01:05 UTC

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

  

  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

  

  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

  

  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

  

  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.