IBOV 175,963.54 ▼ 0.38% IPSA 10,960.27 ▼ 0.58% IPC MEX 66,529.27 ▲ 0.85% MERVAL 3,288,122 ▲ 1.82% COLCAP 2,293.65 ▼ 0.22% BVL PERÚ 57,174.37 — — USD/BRL5.08▲ 0.09% USD/MXN17.37▼ 0.33% USD/CLP924.18▼ 0.26% USD/COP3,217▼ 0.59% USD/PEN3.40▲ 0.14% USD/ARS1,476▲ 0.34% USD/UYU40.15▲ 1.04% USD/PYG6,039▲ 1.28% USD/BOB10.65▲ 5.99% USD/DOP 58.30 — 0.00% USD/CRC447.49▲ 0.88% USD/GTQ7.62▲ 2.09% USD/HNL26.73▼ 0.01% USD/NIO36.62▲ 0.31% USD/VES723.93▼ 0.13% USD/PAB1.00— 0.00% USD/BZD2.00— 0.00% USD/JMD157.69▲ 0.12% USD/TTD6.76▲ 1.32% EUR/BRL5.82▼ 0.53% BRENT 85.16 ▲ 0.51% WTI 79.85 ▲ 0.64% IRON ORE 161.91 — — COPPER 6.39 ▲ 1.01% GOLD 4,078 ▲ 0.42% SILVER 58.47 ▼ 0.52% SOY 1,202 ▼ 0.46% CORN 469.25 ▲ 8.18% WHEAT 677.75 ▲ 7.37% COFFEE 324.50 ▼ 3.77% SUGAR 14.86 ▼ 0.13% ORANGE JUICE 140.45 ▲ 0.14% COTTON 82.13 ▲ 3.18% COCOA 5,917 ▲ 4.54% BEEF 230.33 ▼ 0.48% CATTLE 344.95 ▼ 1.10% LITHIUM 71.05 ▼ 0.74% PETR4 40.62 ▼ 0.10% VALE3 74.98 ▲ 1.31% ITUB4 43.25 ▼ 0.87% BBDC4 18.63 — 0.00% ABEV3 15.57 ▼ 1.52% BBAS3 20.63 ▲ 0.19% B3SA3 15.72 ▲ 2.54% WEGE3 44.03 ▼ 0.38% PRIO3 57.82 ▲ 0.43% SUZB3 41.56 ▲ 1.09% RENT3 40.43 ▼ 0.27% AZZA3 18.60 ▼ 1.33% CSAN3 3.95 ▲ 1.54% RAIZ4 0.29 ▼ 6.45% PCAR3 2.64 ▲ 7.76% GMAT3 3.97 ▲ 0.25% PSSA3 55.30 ▲ 1.86% CVCB3 1.35 ▼ 2.17% POSI3 3.93 ▼ 1.50% SLCE3 13.48 ▼ 2.39% NATU3 8.65 ▲ 1.17% BRKM5 6.44 ▼ 5.71% RANI3 8.02 ▲ 0.12% CSNA3 5.24 ▲ 0.77% CMIN3 5.17 ▲ 1.37% USIM5 8.22 ▼ 0.12% GGBR4 24.28 ▲ 4.12% ENEV3 27.02 ▼ 0.55% CPFE3 46.95 ▼ 0.53% CMIG4 11.17 ▼ 0.27% EQTL3 40.40 ▼ 1.34% LREN3 14.10 ▼ 1.33% VIVT3 35.42 ▼ 0.28% RAIL3 14.01 ▼ 0.85% KLABIN 17.43 ▲ 0.64% RAIA DROGASIL 18.67 ▲ 0.38% RDOR3 35.84 ▼ 0.58% HAPV3 10.95 ▼ 2.14% FLRY3 16.44 ▲ 0.18% SMTO3 15.53 ▼ 3.66% UGPA3 30.99 ▲ 2.92% VBBR3 33.47 ▲ 0.51% BBSE3 40.66 ▲ 0.67% BPAC11 57.57 ▼ 0.66% CURY3 33.03 ▼ 1.67% AERI3 2.04 ▼ 1.45% VIVARA 23.30 ▼ 0.55% COMPASS 25.02 ▼ 0.71% VAMOS 3.12 ▼ 0.95% SANB11 27.18 ▼ 0.59% ASAI3 8.73 ▲ 0.81% SBSP3 30.06 ▼ 0.92% WALMEX 49.83 ▲ 1.14% GMEXICO 201.33 ▲ 0.89% FEMSA 224.17 ▼ 2.24% CEMEX 22.70 ▲ 2.25% GFNORTE 184.01 ▼ 1.17% BIMBO 57.50 ▲ 2.02% TELEVISA 9.59 ▲ 0.63% AMX 22.78 ▼ 0.31% GAP 397.25 ▲ 0.50% ASUR 283.09 ▲ 2.71% OMA 236.46 ▲ 0.61% KOF 178.63 ▼ 0.70% GRUMA 281.34 ▲ 0.69% KIMBER 38.73 ▲ 0.75% SQM-B 65,994 ▼ 2.81% COPEC 6,242 ▲ 0.51% BSANTANDER 77.74 ▼ 1.14% FALABELLA 5,910 ▲ 0.59% ENELAM 85.28 ▼ 0.55% CENCOSUD 2,005 ▼ 1.72% CMPC 1,085 ▼ 1.63% BANCO CHILE 187.29 ▼ 1.17% LATAM AIR 25.48 ▲ 2.33% YPF 78,475 ▲ 0.90% GGAL 8,245 ▲ 4.24% PAMPA 5,240 ▲ 0.19% TXAR 667.00 ▲ 0.76% ALUAR 958.00 ▲ 0.95% TGS 9,840 ▲ 1.34% CEPU 2,353 ▲ 1.12% MIRGOR 16,850 ▲ 0.60% COME 45.52 ▼ 0.50% LOMA NEGRA 3,628 ▲ 2.69% BYMA 302.00 ▲ 0.33% TELECOM ARG 4,373 ▲ 0.92% ECOPETROL 16.10 ▼ 0.40% BANCOLOMBIA 81.75 ▼ 0.43% GRUPO AVAL 5.04 ▲ 1.82% CREDICORP 398.89 ▲ 1.70% SOUTHERN COPPER 181.34 ▼ 0.57% BUENAVENTURA 31.26 ▲ 0.74% MERCADOLIBRE 1,848 ▼ 1.40% NUBANK 14.01 ▲ 0.11% XP 17.09 ▲ 1.27% PAGSEGURO 9.16 ▼ 1.35% STONE 11.20 ▼ 0.93% GLOBANT 31.79 ▲ 2.81% TECNOGLASS 45.61 ▲ 3.12% GAP AIRPORT 229.04 ▲ 1.37% ASUR 283.09 ▲ 2.71% OMA AIRPORT 108.86 ▲ 1.13% AMX ADR 26.20 ▲ 0.08% FEMSA ADR 129.23 ▼ 2.96% CEMEX ADR 13.11 ▲ 2.38% PETROBRAS ADR 17.83 ▼ 0.53% VALE ADR 14.73 ▲ 0.96% ITAU ADR 8.51 ▼ 0.53% SANTANDER BR 5.39 ▼ 0.09% AMBEV ADR 3.04 ▼ 1.78% CSN 1.04 ▲ 0.49% GERDAU 4.81 ▲ 4.23% LATAM ADR 55.10 ▲ 2.96% BTC 64,972 ▲ 0.02% ETH 1,927 ▲ 2.00% SOL 77.78 ▲ 0.02% XRP 1.11 ▲ 0.32% BNB 580.48 ▼ 0.22% ADA 0.16 ▼ 0.56% DOGE 0.07 ▼ 0.35% AVAX 6.72 ▲ 0.34% LINK 8.52 ▲ 2.11% DOT 0.86 ▲ 0.38% LTC 45.15 ▼ 0.63% BCH 229.79 ▼ 2.83% TRX 0.32 ▼ 0.36% XLM 0.19 ▲ 1.74% HBAR 0.07 ▲ 0.17% NEAR 2.05 ▲ 2.28% ATOM 1.56 ▼ 0.06% AAVE 96.70 ▼ 2.21% SELIC 14.25% EMBRAER 81.97 ▼ 0.63% EMBRAER ADR 64.58 ▼ 0.51% JBS 12.11 ▲ 2.37% JBS BDR 61.28 ▲ 2.56% MBRF3 15.28 ▼ 5.03% MBRFY 3.00 ▼ 4.46% INTER 5.70 — 0.00% IBOV 175,963.54 ▼ 0.38% IPSA 10,960.27 ▼ 0.58% IPC MEX 66,529.27 ▲ 0.85% MERVAL 3,288,122 ▲ 1.82% COLCAP 2,293.65 ▼ 0.22% BVL PERÚ 57,174.37 — — USD/BRL 5.08 ▲ 0.09% USD/MXN 17.37 ▼ 0.33% USD/CLP 924.18 ▼ 0.26% USD/COP 3,216 ▼ 0.62% USD/PEN 3.40 ▲ 0.14% USD/ARS 1,476 ▲ 0.34% USD/UYU 40.15 ▲ 1.04% USD/PYG 6,039 ▲ 1.28% USD/BOB 10.65 ▲ 5.99% USD/DOP 58.30 — 0.00% USD/CRC 447.49 ▲ 0.88% USD/GTQ 7.62 ▲ 2.09% USD/HNL 26.73 ▼ 0.01% USD/NIO 36.62 ▲ 0.31% USD/VES 723.93 ▼ 0.13% USD/PAB 1.00 — 0.00% USD/BZD 2.00 — 0.00% USD/JMD 157.69 ▲ 0.12% USD/TTD 6.76 ▲ 1.32% EUR/BRL 5.82 ▼ 0.53% BRENT 85.16 ▲ 0.51% WTI 79.85 ▲ 0.64% IRON ORE 161.91 — — COPPER 6.39 ▲ 1.01% GOLD 4,078 ▲ 0.42% SILVER 58.47 ▼ 0.52% SOY 1,202 ▼ 0.46% CORN 469.25 ▲ 8.18% WHEAT 677.75 ▲ 7.37% COFFEE 324.50 ▼ 3.77% SUGAR 14.86 ▼ 0.13% ORANGE JUICE 140.45 ▲ 0.14% COTTON 82.13 ▲ 3.18% COCOA 5,917 ▲ 4.54% BEEF 230.33 ▼ 0.48% CATTLE 344.95 ▼ 1.10% LITHIUM 71.05 ▼ 0.74% PETR4 40.62 ▼ 0.10% VALE3 74.98 ▲ 1.31% ITUB4 43.25 ▼ 0.87% BBDC4 18.63 — 0.00% ABEV3 15.57 ▼ 1.52% BBAS3 20.63 ▲ 0.19% B3SA3 15.72 ▲ 2.54% WEGE3 44.03 ▼ 0.38% PRIO3 57.82 ▲ 0.43% SUZB3 41.56 ▲ 1.09% RENT3 40.43 ▼ 0.27% AZZA3 18.60 ▼ 1.33% CSAN3 3.95 ▲ 1.54% RAIZ4 0.29 ▼ 6.45% PCAR3 2.64 ▲ 7.76% GMAT3 3.97 ▲ 0.25% PSSA3 55.30 ▲ 1.86% CVCB3 1.35 ▼ 2.17% POSI3 3.93 ▼ 1.50% SLCE3 13.48 ▼ 2.39% NATU3 8.65 ▲ 1.17% BRKM5 6.44 ▼ 5.71% RANI3 8.02 ▲ 0.12% CSNA3 5.24 ▲ 0.77% CMIN3 5.17 ▲ 1.37% USIM5 8.22 ▼ 0.12% GGBR4 24.28 ▲ 4.12% ENEV3 27.02 ▼ 0.55% CPFE3 46.95 ▼ 0.53% CMIG4 11.17 ▼ 0.27% EQTL3 40.40 ▼ 1.34% LREN3 14.10 ▼ 1.33% VIVT3 35.42 ▼ 0.28% RAIL3 14.01 ▼ 0.85% KLABIN 17.43 ▲ 0.64% RAIA DROGASIL 18.67 ▲ 0.38% RDOR3 35.84 ▼ 0.58% HAPV3 10.95 ▼ 2.14% FLRY3 16.44 ▲ 0.18% SMTO3 15.53 ▼ 3.66% UGPA3 30.99 ▲ 2.92% VBBR3 33.47 ▲ 0.51% BBSE3 40.66 ▲ 0.67% BPAC11 57.57 ▼ 0.66% CURY3 33.03 ▼ 1.67% AERI3 2.04 ▼ 1.45% VIVARA 23.30 ▼ 0.55% COMPASS 25.02 ▼ 0.71% VAMOS 3.12 ▼ 0.95% SANB11 27.18 ▼ 0.59% ASAI3 8.73 ▲ 0.81% SBSP3 30.06 ▼ 0.92% WALMEX 49.83 ▲ 1.14% GMEXICO 201.33 ▲ 0.89% FEMSA 224.17 ▼ 2.24% CEMEX 22.70 ▲ 2.25% GFNORTE 184.01 ▼ 1.17% BIMBO 57.50 ▲ 2.02% TELEVISA 9.59 ▲ 0.63% AMX 22.78 ▼ 0.31% GAP 397.25 ▲ 0.50% ASUR 283.09 ▲ 2.71% OMA 236.46 ▲ 0.61% KOF 178.63 ▼ 0.70% GRUMA 281.34 ▲ 0.69% KIMBER 38.73 ▲ 0.75% SQM-B 65,994 ▼ 2.81% COPEC 6,242 ▲ 0.51% BSANTANDER 77.74 ▼ 1.14% FALABELLA 5,910 ▲ 0.59% ENELAM 85.28 ▼ 0.55% CENCOSUD 2,005 ▼ 1.72% CMPC 1,085 ▼ 1.63% BANCO CHILE 187.29 ▼ 1.17% LATAM AIR 25.48 ▲ 2.33% YPF 78,475 ▲ 0.90% GGAL 8,245 ▲ 4.24% PAMPA 5,240 ▲ 0.19% TXAR 667.00 ▲ 0.76% ALUAR 958.00 ▲ 0.95% TGS 9,840 ▲ 1.34% CEPU 2,353 ▲ 1.12% MIRGOR 16,850 ▲ 0.60% COME 45.52 ▼ 0.50% LOMA NEGRA 3,628 ▲ 2.69% BYMA 302.00 ▲ 0.33% TELECOM ARG 4,373 ▲ 0.92% ECOPETROL 16.10 ▼ 0.40% BANCOLOMBIA 81.75 ▼ 0.43% GRUPO AVAL 5.04 ▲ 1.82% CREDICORP 398.89 ▲ 1.70% SOUTHERN COPPER 181.34 ▼ 0.57% BUENAVENTURA 31.26 ▲ 0.74% MERCADOLIBRE 1,848 ▼ 1.40% NUBANK 14.01 ▲ 0.11% XP 17.09 ▲ 1.27% PAGSEGURO 9.16 ▼ 1.35% STONE 11.20 ▼ 0.93% GLOBANT 31.79 ▲ 2.81% TECNOGLASS 45.61 ▲ 3.12% GAP AIRPORT 229.04 ▲ 1.37% ASUR 283.09 ▲ 2.71% OMA AIRPORT 108.86 ▲ 1.13% AMX ADR 26.20 ▲ 0.08% FEMSA ADR 129.23 ▼ 2.96% CEMEX ADR 13.11 ▲ 2.38% PETROBRAS ADR 17.83 ▼ 0.53% VALE ADR 14.73 ▲ 0.96% ITAU ADR 8.51 ▼ 0.53% SANTANDER BR 5.39 ▼ 0.09% AMBEV ADR 3.04 ▼ 1.78% CSN 1.04 ▲ 0.49% GERDAU 4.81 ▲ 4.23% LATAM ADR 55.10 ▲ 2.96% BTC 64,972 ▲ 0.02% ETH 1,927 ▲ 2.00% SOL 77.78 ▲ 0.02% XRP 1.11 ▲ 0.32% BNB 580.48 ▼ 0.22% ADA 0.16 ▼ 0.56% DOGE 0.07 ▼ 0.35% AVAX 6.72 ▲ 0.34% LINK 8.52 ▲ 2.11% DOT 0.86 ▲ 0.38% LTC 45.15 ▼ 0.63% BCH 229.79 ▼ 2.83% TRX 0.32 ▼ 0.36% XLM 0.19 ▲ 1.74% HBAR 0.07 ▲ 0.17% NEAR 2.05 ▲ 2.28% ATOM 1.56 ▼ 0.06% AAVE 96.70 ▼ 2.21% SELIC 14.25% EMBRAER 81.97 ▼ 0.63% EMBRAER ADR 64.58 ▼ 0.51% JBS 12.11 ▲ 2.37% JBS BDR 61.28 ▲ 2.56% MBRF3 15.28 ▼ 5.03% MBRFY 3.00 ▼ 4.46% INTER 5.70 — 0.00%
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Bolivia Emerging From the Crisis

By · December 30, 2019 · 4 min read

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RIO DE JANEIRO, BRAZIL – Bolivia has for the time being emerged from the chaotic days following the resignation of President Evo Morales on November 10th, discredited by constitutional breaches and electoral fraud.

Since November 23rd the country’s Catholic Bishops’ Conference, the United Nations, and the European Union played an important role as mediators in talks between the transitional government under Jeanine Áñez, the majority party Movimiento al Socialismo (MAS), trade unions, indigenous groups, and other influential organizations.

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Former Bolivian President Evo Morales.
Former Bolivian President Evo Morales. (Photo: internet reproduction)
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Agreement in Congress

As a result, both sides agreed on a law in the MAS-controlled parliament on December 6th, paving the way for the establishment of a new electoral authority and new elections, presumably next March. The law also confirms the constitutional provision that a president may not stand for re-election after two terms in office; Morales had disregarded the result of a referendum he had initiated himself with the help of a compliant judiciary.

The suspension by the interim government of a decree protecting the armed forces from criminal liability in maintaining law and order contributed to a positive climate of dialogue. This further fueled protests after it became clear that the majority of deaths in November had been attributed to the army and police.

Whether there will be an impartial investigation of the most serious incidents and whether the victims will be compensated is now unclear. There is no agreement either on the number of fatalities. While the interim government speaks of 29, the Inter-American Commission on Human Rights has reported 36.

Foreign policy change of course

The interim government’s explicit mission is to establish law and order and to hold clean elections as soon as possible. Nevertheless, it has purposefully established new conditions, particularly in the foreign policy field.

It has announced Bolivia’s exit from the Bolivarian Alliance headed by Chavista Venezuela, expelled Venezuelan and Cuban aid workers called in by Morales, reoccupied the ambassador post in Washington and resumed diplomatic relations with Israel, which were severed in 2009.

Interim President of Bolivia, Jeanine Áñez.
Interim President of Bolivia, Jeanine Áñez. (Photo: internet reproduction)

Whether this change of course will last depends on the outcome of the new elections. Morales’ MAS is likely to remain the strongest party in the country, provided the current opposition parties do not unite.

It is unlikely that this will happen, given its broad spectrum; it is becoming apparent that several candidates will be competing against the MAS candidacy in the first round of the presidential elections. In particular, there is talk of the moderately conservative former President Carlos Mesa, who was able to win the presidential election regardless of the electoral fraud of the 20th century.

Luis Camacho, the right-wing conservative, who played a leading role in the protests against Morales as head of the Citizens’ Committee in Santa Cruz and who has a major influence on the direction of the interim government.

From Mexico to Argentina

For the time being it is unclear how much Morales will continue to influence the MAS party in the future. Morales can no longer legally run for the presidency and during his Mexican exile, he announced that he would not run for the presidency.

He has since moved to Buenos Aires on December 12th, shortly after the new Peronist government of Argentina under Alberto Fernández took office. Argentina borders Bolivia and is home to around 350,000 Bolivian emigrants. Under the status of political refugee, Morales would be banned from public political activity there.

However, he does not seem willing to comply with this and leaves no doubt that he intends to remain involved in Bolivian politics. The MAS party has already appointed him as its election campaign manager.

Luis Camacho, the right-wing conservative, who played a leading role in the protests against Evo Morales.
Luis Camacho, the right-wing conservative, who played a leading role in the protests against Evo Morales. (Photo: internet reproduction)

Ex-President under arrest warrant

However, it is unlikely that Morales will be able to perform this task fully. The Bolivian judiciary prevented his return by issuing an arrest warrant on December 19th against Morales for insurgency and terrorism. The accusation is that after his flight to Mexico, he urged his followers to block the main cities of Bolivia in order to cut off their supplies of fuel and food.

This is said to be the result of an intercepted telephone conversation, the authenticity of which Morales denies. If the ex-president were to enter Bolivia in secrecy, take action there and eventually be arrested, a peaceful election process would undoubtedly be jeopardized.

During Morales’ reign, it became apparent that a growing part of the MAS no longer wanted to unconditionally dance to his tune. The party’s presidential candidate will shed some light on this.

The main candidates under discussion are Andrónico Rodríguez, vice president of the Cochabamba Coca-Planters Association, which formed Morales’ personal political basis, former foreign minister David Choquehuanca, and Adriana Salvatierra, who stepped down in November following Morales’ resignation.

Clear verdict of the OAS

Morales has been definitively discredited by the Organization of American States’ (OAS) final report on the November 20th elections that was published on December 4th. It clearly describes how the result of the first round of the presidential election was falsified with the connivance of the electoral authorities of the time, in order to save Morales from being disqualified.

 

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