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Cash handouts for poor families, passionate speeches against foreign companies and heavy social spending are all helping leftist Bolivian President Evo Morales in his strong campaign for re-election. Full Article at TVNZ
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Among the conventional wisdom that we hear every day in the business press is that developing countries should bend over backwards to create a friendly climate for foreign corporations, follow orthodox (neoliberal) macroeconomic policy advice and... Full Article at Comment Is Free
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This recent cartoon of Weil escaped me. But it is perfect to illustrate why we are having so many power outages: there seems to be always money to give around to client states, but never the cash and the will to fix pressing problems at home. Full Article at Venezuela News And Views
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LA PAZA, Bolivia, Oct. 5 (UPI) -- Bolivia is defending its light attack aircraft purchases from China and an open line of credit for military hardware imports from Russia, arguing that its weapons acquisitions are less significant than those by other... Full Article at United Press International
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Extreme weather is straining poorer countries' finances, the bank says Climate change will be a serious barrier to growth in poorer nations and must be curbed, says the World Bank. Full Article at BBC News
Related Quotes
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If tomorrow Morales changes the way he expresses himself and his vocabulary improves ... he'll stop being Evo Morales and his popularity will drop
SOURCE: TVNZ -
We wanted to give him a hug and a kiss, but we couldn't. I had only seen him on TV, but he is much better in real life ... Definitely worth it
SOURCE: TVNZ -
I feel that you haven't let me down. I won't let you down either ... These kind of meetings make me cry
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Evo is going to win again because he has a lot of support, people that love him everywhere because he's an Indian. He's one of us
SOURCE: TVNZ
