Tuesday, May 16, 2006

EVO MORALES strikes again:
Bolivian president Evo Morales said yesterday that his nationalization of Bolivian fossil fuel resources "does not expel or expropriate anyone," to the applause of the Euro-MPs. Meanwhile, the Bolivian government announced that Spanish bank BBVA must turn over the shares in Andina, Repsol's Bolivian subsidiary, that it manages through a pension fund, within three days.

"These pension funds will be closed down in three days if they do not obey the decree. That's it," said Bolivian vice president Alvaro García Linera, who signed a further decree allowing Bolivia to "take absolute control" over the fuels industry.
UPDATE. Heh (via Spanish blog Zapaterias Rimadas)

(on the left, Spanish foreign affairs minister Miguel Angel Moratinos)

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