Hints and tips:
...Arce served as finance minister in Morales’s last government but the two men have since parted company in a power struggle that has split the ruling Movement to Socialism (MAS)....
...It will be a blueprint for a company-wide net-zero target consistent with the Paris climate agreement, a first for the sector....
...Aptly, it was built by the scandal-struck Brazilian construction company Odebrecht, which donated most of the cost....
...US Congress approved $6m for UN anti-corruption body CICIG despite Guatemalan president Jimmy Morales’s de facto expulsion of its president and his vow to clip the body’s wings....
...Meanwhile, hundreds of companies were nationalised and often run into the ground by the regime’s cronies....
...The government invited two German companies (K-Utec and Ercosplan) and one Swiss firm (SEP), to bid for the right to build a lithium carbonate production plant in the highlands of Bolivia....
...But Morales’s son and brother are under investigation for alleged misappropriation of state funds. Corruption, long tolerated in Latin America, is now no laughing matter. jude.webber@ft.com...
...Moreover, Mr Morales’s once-soaring popularity has been undermined by scandal....
...Morales’s master plan is extraordinary — and counterintuitive....
...Mr Morales has brought a number of the country’s utilities and commodities companies into state hands during his first two terms....
...Proof of the success of Morales’s economic model is that since coming to power he has tripled the size of the economy while ramping up record foreign reserves....
...While Juan Ramón Quintana, Morales’s cabinet chief, reportedly told a local radio station that, “we are not part of any arbitration body....
...In contrast, Brazil’s part-privatised, publicly floated Petrobras is a world-class oil company....
...Thursday’s picks from the BB team: Mexican companies making inroads into the US market; the role of demographics in property crashes – take note, China; Morales’s popularity among his key political constituency...
...Foreign natural resources investors have become alarmed at the actions of Mr Morales’s administration, which has nationalised hydrocarbon and other assets in recent years and is undertaking a wider review...
...Analysts have previously flagged the risk of further expropriations in the country as Mr Morales’s popularity has suffered....
...mod=WSJ_World_LEFTSecondNews Bolivia following Argentine takeover deepens regional divide President Evo Morales’s seizure of Bolivia’s main electricity company, two weeks after Argentina took over its biggest...
...iron-ore deposit straddling Bolivia and Brazil has become mired in bickering between Bolivia’s populist government and India’s Jindal Steel & Power, highlighting both the challenges facing President Evo Morales...
...President Evo Morales’s administration has won praise from the International Monetary Fund for “prudent” macroeconomic management, and the country has earned upgrades from Fitch and Moody’s rating agencies...
...The shares, having peaked at nearly 71p in mid-2008, have fallen by 76 per cent since then to 17p, valuing the company’s equity at £35m....
...YPFB is seeking partnerships with companies that still have a presence in Bolivia, such as Repsol of Spain and Petrobras of Brazil, as well as new entrants: Gazprom, the National Iranian Oil company and...
...Nonetheless, Bolivia, with 5.4m tonnes in unproven reserves, remains the fattest prize for hungry foreign suitors who are undeterred by Mr Morales’s nationalisation tendencies....
...For Mr Morales’s large base of indigenous Aymara and Quechua supporters, a second term means a chance for Mr Morales to deliver on promises to redistribute profits from the country’s considerable wealth...
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