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/MXN17.39▼ 0.22% USD/CLP924.88▼ 0.18% USD/COP3,216▼ 0.62% USD/PEN3.38▼ 0.31% 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▼ 0.63% BRENT 85.81 ▲ 1.27% WTI 80.32 ▲ 1.24% IRON ORE 161.91 — — COPPER 6.39 ▲ 0.92% GOLD 4,064 ▲ 0.06% SILVER 58.07 ▼ 1.19% 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 71.07 ▼ 0.71% PETR4 40.66 — 0.00% VALE3 74.63 ▲ 0.84% ITUB4 43.06 ▼ 1.31% BBDC4 18.55 ▼ 0.43% ABEV3 15.53 ▼ 1.77% BBAS3 20.59 — 0.00% B3SA3 15.77 ▲ 2.87% WEGE3 44.17 ▼ 0.07% PRIO3 57.80 ▲ 0.40% SUZB3 41.57 ▲ 1.12% RENT3 40.50 ▼ 0.10% AZZA3 18.70 ▼ 0.80% CSAN3 3.92 ▲ 0.77% RAIZ4 0.30 ▼ 3.23% PCAR3 2.63 ▲ 7.35% GMAT3 3.94 ▼ 0.51% PSSA3 54.99 ▲ 1.29% CVCB3 1.34 ▼ 2.90% POSI3 3.88 ▼ 2.76% SLCE3 13.48 ▼ 2.39% NATU3 8.64 ▲ 1.05% BRKM5 6.41 ▼ 6.15% RANI3 7.99 ▼ 0.25% CSNA3 5.25 ▲ 0.96% CMIN3 5.19 ▲ 1.76% USIM5 8.18 ▼ 0.61% GGBR4 24.33 ▲ 4.33% ENEV3 26.95 ▼ 0.81% CPFE3 46.92 ▼ 0.59% CMIG4 11.12 ▼ 0.71% EQTL3 40.36 ▼ 1.44% LREN3 14.04 ▼ 1.75% VIVT3 35.39 ▼ 0.37% RAIL3 14.03 ▼ 0.71% KLABIN 17.42 ▲ 0.58% RAIA DROGASIL 18.65 ▲ 0.27% RDOR3 35.87 ▼ 0.50% HAPV3 10.94 ▼ 2.23% FLRY3 16.54 ▲ 0.79% SMTO3 15.54 ▼ 3.60% UGPA3 30.98 ▲ 2.89% VBBR3 33.66 ▲ 1.08% BBSE3 40.69 ▲ 0.74% BPAC11 57.15 ▼ 1.38% CURY3 32.73 ▼ 2.56% AERI3 2.02 ▼ 2.42% VIVARA 23.40 ▼ 0.13% COMPASS 25.00 ▼ 0.79% VAMOS 3.09 ▼ 1.90% SANB11 27.08 ▼ 0.95% ASAI3 8.71 ▲ 0.58% SBSP3 29.94 ▼ 1.32% WALMEX 49.69 ▲ 0.85% GMEXICO 200.02 ▲ 0.23% FEMSA 222.90 ▼ 2.80% CEMEX 22.61 ▲ 1.85% GFNORTE 183.33 ▼ 1.54% BIMBO 57.51 ▲ 2.04% TELEVISA 9.57 ▲ 0.42% AMX 22.70 ▼ 0.66% GAP 396.42 ▲ 0.29% ASUR 282.94 ▲ 2.66% OMA 234.95 ▼ 0.03% KOF 176.71 ▼ 1.77% GRUMA 281.28 ▲ 0.67% KIMBER 38.64 ▲ 0.52% SQM-B 66,080 ▼ 2.68% COPEC 6,200 ▼ 0.16% BSANTANDER 77.78 ▼ 1.09% FALABELLA 5,899 ▲ 0.40% ENELAM 85.02 ▼ 0.85% CENCOSUD 2,003 ▼ 1.81% CMPC 1,080 ▼ 2.09% BANCO CHILE 187.84 ▼ 0.88% LATAM AIR 25.30 ▲ 1.61% YPF 78,600 ▲ 1.06% GGAL 8,220 ▲ 3.92% PAMPA 5,245 ▲ 0.29% TXAR 670.50 ▲ 1.28% ALUAR 960.00 ▲ 1.16% TGS 9,820 ▲ 1.13% CEPU 2,343 ▲ 0.69% MIRGOR 17,000 ▲ 1.49% COME 45.55 ▼ 0.44% LOMA NEGRA 3,638 ▲ 2.97% BYMA 304.50 ▲ 1.16% TELECOM ARG 4,330 ▼ 0.06% ECOPETROL 16.03 ▼ 0.80% BANCOLOMBIA 81.36 ▼ 0.90% GRUPO AVAL 5.05 ▲ 2.02% CREDICORP 397.95 ▲ 1.45% SOUTHERN COPPER 180.97 ▼ 0.78% BUENAVENTURA 30.90 ▼ 0.44% MERCADOLIBRE 1,838 ▼ 1.94% NUBANK 13.86 ▼ 0.93% XP 16.82 ▼ 0.33% PAGSEGURO 9.19 ▼ 0.97% STONE 11.20 ▼ 0.89% GLOBANT 31.79 ▲ 2.80% TECNOGLASS 45.70 ▲ 3.32% GAP AIRPORT 228.36 ▲ 1.07% ASUR 282.94 ▲ 2.66% OMA AIRPORT 107.89 ▲ 0.23% AMX ADR 26.11 ▼ 0.27% FEMSA ADR 128.28 ▼ 3.67% CEMEX ADR 13.06 ▲ 1.99% PETROBRAS ADR 17.90 ▼ 0.14% VALE ADR 14.67 ▲ 0.51% ITAU ADR 8.46 ▼ 1.11% SANTANDER BR 5.36 ▼ 0.65% AMBEV ADR 3.04 ▼ 1.78% CSN 1.04 ▲ 0.49% GERDAU 4.83 ▲ 4.66% LATAM ADR 54.80 ▲ 2.41% BTC 64,891 ▼ 0.10% ETH 1,920 ▲ 1.61% SOL 77.13 ▼ 0.81% XRP 1.11 ▼ 0.23% BNB 579.33 ▼ 0.42% ADA 0.16 ▼ 1.04% DOGE 0.07 ▼ 0.90% AVAX 6.69 ▼ 0.11% LINK 8.49 ▲ 1.86% DOT 0.84 ▼ 1.14% LTC 44.94 ▼ 1.09% BCH 228.28 ▼ 3.47% TRX 0.32 ▼ 0.46% XLM 0.19 ▲ 1.14% HBAR 0.07 ▲ 0.23% NEAR 2.04 ▲ 1.49% ATOM 1.55 ▼ 0.51% AAVE 96.88 ▼ 2.03% SELIC 14.25% EMBRAER 82.28 ▼ 0.25% EMBRAER ADR 64.82 ▼ 0.14% JBS 12.12 ▲ 2.41% JBS BDR 61.40 ▲ 2.76% MBRF3 15.28 ▼ 5.03% MBRFY 2.96 ▼ 5.73% INTER 5.60 ▼ 1.75% EGX 52,558 ▲ 0.50% USD/ZAR16.32▼ 0.33% USD/NGN1,379▼ 0.25% NIKKEI 68,752 ▲ 1.49% CSI300 4,787 ▼ 0.20% HSI 24,681 ▲ 1.40% NIFTY 24,079 ▲ 0.11% KOSPI 7,284 ▲ 6.24% JCI 6,042 ▲ 0.04% USD/JPY162.22▼ 0.02% USD/CNY6.76▼ 0.19% DAX 25,000 ▼ 0.59% CAC 8,382 ▲ 0.19% FTSE 10,516 ▼ 0.13% MIB 52,411 ▼ 0.85% IBEX 19,276 ▼ 0.42% STOXX 642.71 ▲ 0.10% EUR/USD1.15▲ 0.39% GBP/USD1.35▲ 1.40% SPX 7,572 ▲ 0.38% DJI 52,659 ▲ 0.29% NDX 29,503 ▼ 0.28% RUT 2,977 ▲ 0.43% TSX 35,416 ▲ 0.27% VIX 15.70 ▼ 4.85% USD/CAD1.40▼ 0.11% US10Y 4.5450 ▼ 0.87% 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 17.39 ▼ 0.22% USD/CLP 924.88 ▼ 0.18% USD/COP 3,217 ▼ 0.59% USD/PEN 3.38 ▼ 0.31% 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 ▲ 0.44% USD/TTD 6.76 ▲ 1.56% EUR/BRL 5.82 ▼ 0.63% BRENT 85.81 ▲ 1.27% WTI 80.32 ▲ 1.24% IRON ORE 161.91 — — COPPER 6.39 ▲ 0.92% GOLD 4,064 ▲ 0.06% SILVER 58.07 ▼ 1.19% 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 71.07 ▼ 0.71% PETR4 40.66 — 0.00% VALE3 74.63 ▲ 0.84% ITUB4 43.06 ▼ 1.31% BBDC4 18.55 ▼ 0.43% ABEV3 15.53 ▼ 1.77% BBAS3 20.59 — 0.00% B3SA3 15.77 ▲ 2.87% WEGE3 44.17 ▼ 0.07% PRIO3 57.80 ▲ 0.40% SUZB3 41.57 ▲ 1.12% RENT3 40.50 ▼ 0.10% AZZA3 18.70 ▼ 0.80% CSAN3 3.92 ▲ 0.77% RAIZ4 0.30 ▼ 3.23% PCAR3 2.63 ▲ 7.35% GMAT3 3.94 ▼ 0.51% PSSA3 54.99 ▲ 1.29% CVCB3 1.34 ▼ 2.90% POSI3 3.88 ▼ 2.76% SLCE3 13.48 ▼ 2.39% NATU3 8.64 ▲ 1.05% BRKM5 6.41 ▼ 6.15% RANI3 7.99 ▼ 0.25% CSNA3 5.25 ▲ 0.96% CMIN3 5.19 ▲ 1.76% USIM5 8.18 ▼ 0.61% GGBR4 24.33 ▲ 4.33% ENEV3 26.95 ▼ 0.81% CPFE3 46.92 ▼ 0.59% CMIG4 11.12 ▼ 0.71% EQTL3 40.36 ▼ 1.44% LREN3 14.04 ▼ 1.75% VIVT3 35.39 ▼ 0.37% RAIL3 14.03 ▼ 0.71% KLABIN 17.42 ▲ 0.58% RAIA DROGASIL 18.65 ▲ 0.27% RDOR3 35.87 ▼ 0.50% HAPV3 10.94 ▼ 2.23% FLRY3 16.54 ▲ 0.79% SMTO3 15.54 ▼ 3.60% UGPA3 30.98 ▲ 2.89% VBBR3 33.66 ▲ 1.08% BBSE3 40.69 ▲ 0.74% BPAC11 57.15 ▼ 1.38% CURY3 32.73 ▼ 2.56% AERI3 2.02 ▼ 2.42% VIVARA 23.40 ▼ 0.13% COMPASS 25.00 ▼ 0.79% VAMOS 3.09 ▼ 1.90% SANB11 27.08 ▼ 0.95% ASAI3 8.71 ▲ 0.58% SBSP3 29.94 ▼ 1.32% WALMEX 49.69 ▲ 0.85% GMEXICO 200.02 ▲ 0.23% FEMSA 222.90 ▼ 2.80% CEMEX 22.61 ▲ 1.85% GFNORTE 183.33 ▼ 1.54% BIMBO 57.51 ▲ 2.04% TELEVISA 9.57 ▲ 0.42% AMX 22.70 ▼ 0.66% GAP 396.42 ▲ 0.29% ASUR 282.94 ▲ 2.66% OMA 234.95 ▼ 0.03% KOF 176.71 ▼ 1.77% GRUMA 281.28 ▲ 0.67% KIMBER 38.64 ▲ 0.52% SQM-B 66,080 ▼ 2.68% COPEC 6,200 ▼ 0.16% BSANTANDER 77.78 ▼ 1.09% FALABELLA 5,899 ▲ 0.40% ENELAM 85.02 ▼ 0.85% CENCOSUD 2,003 ▼ 1.81% CMPC 1,080 ▼ 2.09% BANCO CHILE 187.84 ▼ 0.88% LATAM AIR 25.30 ▲ 1.61% YPF 78,600 ▲ 1.06% GGAL 8,220 ▲ 3.92% PAMPA 5,245 ▲ 0.29% TXAR 670.50 ▲ 1.28% ALUAR 960.00 ▲ 1.16% TGS 9,820 ▲ 1.13% CEPU 2,343 ▲ 0.69% MIRGOR 17,000 ▲ 1.49% COME 45.55 ▼ 0.44% LOMA NEGRA 3,638 ▲ 2.97% 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Evo Morales Champions Trusted Advisor to Enter Bolivia’s Presidential Race

By · January 23, 2020 · 4 min read

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RIO DE JANEIRO, BRAZIL – Luis Arce, one of Evo Morales’ close confidants, is expected to win back the presidency of Bolivia for his former left-wing governing party MAS.

The Bolivian economist remained at Morales’ side during his almost 14-year term in office, from the first to the last day as Minister of Economy. Only a serious illness had forced him to leave the cabinet once in a while. Morales personally announced Arces’ candidacy for the presidential elections on May 3rd over the weekend at a hotel in Buenos Aires, where he has been staying in asylum since December.

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Luis Arce, one of Evo Morales' close confidants, is expected to win back the presidency of Bolivia for his former left-wing governing party MAS.
Luis Arce, one of Evo Morales’ close confidants, is expected to win back the presidency of Bolivia for his former left-wing governing party MAS. (Photo internet reproduction)
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Investigation proceedings initiated

Arce is regarded as the architect of the economic model that awarded Bolivia a high average annual growth of around five percent during Morales’ reign. Inequality in income distribution was reduced, and the poverty rate fell from two-thirds to about one-third of the population. Arce nationalized the oil and natural gas reserves and implemented a consistent redistribution policy. However, the boom was also due to the high commodity prices at the time.

The then Minister of Economy stood by Morales right until the end. The latter resigned in November under pressure from the streets and the military after being accused of fraud in the presidential election of October 20th by the opposition and international election observers.

While a conservative transitional government under interim president Jeanine Áñez took over, Morales initially went into exile in Mexico and finally settled in Argentina. Arce himself is in political asylum in Mexico but has now promised to return to Bolivia soon.

Nomination in Exile

Leading members of the MAS party met Morales this weekend in Buenos Aires, where they nominated Arce as their presidential candidate. The MAS hopes to use him to win votes from the urban middle class and the moderate sector.

Former Foreign Minister David Choquehuanca, who like Morales belongs to the indigenous people of the Aymara, is running as vice-presidential candidate.
Former Foreign Minister David Choquehuanca, who like Morales belongs to the indigenous people of the Aymara, is running as vice-presidential candidate. (Photo internet reproduction)

Former Foreign Minister David Choquehuanca, who like Morales belongs to the indigenous people of the Aymara, is running as vice-presidential candidate. The former student and trade union leader is expected to mobilize the rural and indigenous electorate, which he has always championed in the past. Several social and indigenous associations criticized the MAS’s decision to nominate Choquehuanca merely as vice-president on Monday.

Morales will not be put off by this. “We will restore democracy. On May 3rd, we will win again in the first round of elections”, he said confidently and continued to speak of himself as the victim of a coup. Meanwhile, on Monday, Arce denounced the transitional government for persecuting and harassing MAS politicians since the coup. In his opinion, it lacked the necessary prerequisites to conduct an election campaign.

The statements are likely related to the preliminary proceedings that the Bolivian prosecutor’s office had lodged against him in the “Fondo Indígena” (“Indigenous Fund”) case the day after his nomination. Numerous MAS members are accused of misappropriating public funds. Arce has also expressed doubts about the new composition of the electoral court. In his opinion, it consists of individuals with connections to candidates from the right-wing camp. The latter is in the presidential race with Luis Fernando Camacho as a candidate.

Right-wing hardliner at the start

According to surveys, the right-wing conservative attorney and leader of a citizens’ committee from the economically strong department of Santa Cruz de la Sierra in the east of the country, where opposition to the MAS is traditionally concentrated, is considered the most dangerous challenger to the left-wing party.

Evo Morals pulls the strings for the Bolivian elections in Argentina.
Evo Morals pulls the strings for the Bolivian elections in Argentina. (Photo internet reproduction)

Camacho, the religious son of an entrepreneur, has never run in an election, nor has he ever held a political office. However, the 40-year-old played a key role in the protests against the falsification of the election results, which increased his popularity. Camacho and his candidate for the vice presidency are positioning themselves as a front against the return of the alleged “Narco State” of the MAS.

Center-right politician Carlos Mesa is also joining the race for the highest office in the country. The 66-year-old would have been the strongest opposition candidate in the race against Morales had it not been for the election fraud in October.

The entrepreneur-friendly journalist was president of Bolivia from 2003 to 2005. With his campaign, he wants to unite the forces of the political center and fight the social division in the country.

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