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08.09.25 - 05:33
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Bolivia′s Defeat Of Socialism Signals A Continental Realignment (ZeroHedge)
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Bolivia's Defeat Of Socialism Signals A Continental Realignment
Authored by Emmanuel Rincon via the American Institute for Economic Research,
It took 20 years to defeat Evo Morales's Movement Toward Socialism (MAS) in Bolivia through elections.
Two decades of political battle lines, along with a so-called “cultural war,” run deep in the region.
MAS rose to power thanks to the financing it received from Hugo Chávez, who, using the vast pockets of Venezuela's oil rents, injected money into campaigns across almost every country in the continent. For a long stretch, he and his allies virtually took control of South America—except for Colombia.
The Venezuelan crisis left them exposed, however. Not only did the money used to fund political campaigns run out, but the tragic example of Chávez and Maduro's socialism—driving more than nine million people to flee their country in search of better living conditions—became the starkest warning of the chaos caused by a system i...
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03.09.25 - 16:06
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′The Dubai of South America′: how the promise of riches from lithium mining turned to dust in Bolivia (The Guardian)
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Politicians have long promised the critical metal will rescue the economy but Indigenous locals say the push to exploit vast reserves threatens the ecosystem and their livelihoods• Photographs by Sara Aliaga TiconaGrowing up near Bolivia's Uyuni salt flats, Franz Alí Ramos remembers playing in the high-altitude wetlands near his home during the rainy season. “It was a beautiful recreation area for us and for animals,” he says.Now, the wetlands have given way to cracked, sunbaked earth – a change that Alí Ramos blames on nearby operations by Bolivia's state lithium corporation, Yacimientos de Litio Bolivianos (YLB). The government has recently signed lithium mining contracts with two foreign companies – one Russian and the other Chinese – and residents fear more serious damage is yet to come. Continue reading......
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