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.
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.”
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.
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.
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.
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.
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.
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.
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.
Hundreds of members from indigenous tribes opposing a jungle highway financed by Brazil and that they say will spoil their lands in Bolivia's Amazon drew cheers Wednesday when they paraded into the capital La Paz after a 63-day protest march.