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Latest Andean Community of Nations Stories

2006-05-11 06:26:11

VIENNA (Reuters) - Companies affected by Bolivia's nationalization of the energy sector have no right to compensation if they have recouped their investments, Bolivia's new left-wing President Evo Morales said on Thursday. Morales also rejected suggestions he should have consulted with investors or neighboring governments before announcing the move to nationalize Bolivia's oil and gas sectors on May 1. "There is no reason why I should have to ask and consult about a country's...

2006-05-11 06:24:30

VIENNA (Reuters) - Companies affected by Bolivia's nationalization of the energy sector have no right to compensation if they have recouped their investments, Bolivia's new left-wing President Evo Morales said on Thursday. Morales also rejected suggestions he should have consulted with investors or neighboring governments before announcing the move to nationalize Bolivia's oil and gas sectors on May 1. "There is no reason why I should have to ask and consult about a country's...

2006-05-04 15:39:13

By Raymond Colitt PUERTO IGUAZU, Argentina (Reuters) - Four South American presidents agreed on Thursday to negotiate prices of Bolivian gas and that supplies should keep flowing after Bolivia's surprise takeover of its energy industry. The leaders of Brazil, Bolivia, Venezuela and Argentina also stressed the idea of regional unity despite the crisis and dismissed the notion of a rift between Bolivia and Venezuela on one side and Brazil and Argentina -- Bolivia's top gas markets --...

2006-05-04 04:54:15

By Helen Popper LA PAZ, Bolivia (Reuters) - Oil companies in Bolivia reassessed their investment plans on Wednesday as regional leaders prepared for an emergency summit to discuss President Evo Morales' nationalization of the energy industry. In the poor city of El Alto, indigenous healers offered up coca leaves in traditional ceremonies to cheer Morales for seizing control of oil and gas fields from foreign companies, signaling the strong domestic support for his decision. But the...

2006-05-03 17:06:19

By Helen Popper LA PAZ, Bolivia (Reuters) - Oil companies in Bolivia reassessed their investment plans on Wednesday as regional leaders readied for an emergency summit to discuss President Evo Morales' nationalization of the energy sector. In the poor city of El Alto, indigenous healers offered up coca leaves to Mother Earth in traditional ceremonies to cheer Morales for seizing control of oil and gas fields from foreign companies. The celebrations signaled strong domestic support...

2006-05-03 00:30:00

By Helen Popper LA PAZ, Bolivia -- Bolivia's leftist government said on Tuesday it would forge ahead with its sweeping energy nationalization despite international concern over the move by President Evo Morales. Former coca farmer Morales was making good on election promises to reassert state control over Bolivia's natural resources, which he says have been exploited by foreign companies with little benefit to the country's poor majority. But the extent of the decree to wrest control of...

2006-05-01 21:08:13

By Carlos Alberto Quiroga LA PAZ, Bolivia (Reuters) - President Evo Morales ordered the military to occupy Bolivia's natural gas fields on Monday after nationalizing the industry and threatening to expel foreign companies that do not recognize state control. Bolivia has the second-largest natural gas reserves in South America after Venezuela, and disputes over how the impoverished country should manage those riches have sparked several popular revolts since 2003. Morales became...

2006-05-01 17:55:23

By Carlos Alberto Quiroga LA PAZ, Bolivia (Reuters) - Bolivian President Evo Morales ordered the military to occupy the country's natural gas fields on Monday after nationalizing the energy sector and threatening to expel foreign companies if they do not sign new contracts within six months. Impoverished Bolivia has the second-largest natural gas reserves in South America after Venezuela, and the question of how the country should manage these riches has been at the heart of several...

2006-04-30 12:50:41

LA PAZ, Bolivia (Reuters) - Bolivian President Evo Morales invited nationalist Peruvian candidate Ollanta Humala on Sunday to visit Bolivia, after Peru withdrew its ambassador to Caracas over Venezuela's comments backing Humala in its presidential election. Peru will hold a runoff vote in late May or early June, almost certainly between Humala, a former army commander who has pledged to redistribute Peru's wealth, and former President Alan Garcia. Venezuelan President Hugo Chavez, a...

2006-04-22 17:02:53

CARACAS, Venezuela (Reuters) - Venezuela's withdrawal from the Andean Community trade bloc, announced by President Hugo Chavez this week, will not hurt the world's No. 5 oil exporter, Foreign Minister Ali Rodriguez said on Saturday. Chavez, who has attacked members of the bloc for signing trade pacts with the United States said on Wednesday that Venezuela was withdrawing from the group. Andean Community members Colombia and Peru have signed free-trade agreements with the United...


Word of the Day
ween
  • To think; to imagine; to fancy.
  • To be of opinion; have the notion; think; imagine; suppose.
The word 'ween' comes from Middle English wene, from Old English wēn, wēna ("hope, weening, expectation"), from Proto-Germanic *wēniz, *wēnōn (“hope, expectation”), from Proto-Indo-European *wen- (“to strive, love, want, reach, win”).
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