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Southern Cone Presidents Will Meet

May 3, 2006 UpsideDownWorld.org 0

Presidents Lula da Silva, Evo Morales, Néstor Kirchner and Hugo Chávez will meet in Puerto de Iguazú, Argentina this Thursday, May 4. The South American presidents will discuss common strategies in energy sector development, according […]

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Bolivia’s Nationalization by Decree

May 2, 2006 Gretchen Gordon 0

The smell of gas hangs strongly in the air as a crowd of flag-waving Bolivians celebrate outside the Petrobras Gualberto Villaroel oil and gas refinery.  A state worker clad in a tan work suit and hardhat props a wooden ladder against the front wall of the refinery just beneath the blue metal letters that read PETROBRAS, and ascends the ladder as the crowd looks on.

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Bolivia Nationalizes Gas Reserves: Investors Nervous

May 2, 2006 UpsideDownWorld.org 0

On May 1st Bolivian President Evo Morales nationalized Bolivia’s natural gas reserves. The extent to which this nationalization will take place is still unknown. He ordered the military to occupy gas fields in 56 locations around the country, threatening to kick out foreign companies that did not acknowledge state control.

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Colombia: The FARC Indictment

May 1, 2006 Paul Wolf 0

The U.S. State Department has developed the secret formula to dismantle the armed groups of Colombia’s war.  Or so it believes.  It is believed that the demobilization of 28,000 members of the paramilitary United Self-Defense Forces of Colombia (AUC) was the result of threatening its leaders – notably Salvadore Mancuso and Don Berna – with extradition to the US.

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