Bolivia Seizes Spanish Power Firm

Bolivian President Evo Morales seized the local assets of Spanish power grid operator Red Eléctrica Corp. and ordered the armed forces to take over its installations, the latest move against Spanish corporate interests in Latin America.

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    GENEVA, SWITZERLAND – Bolivian president Evo Morales announced the expropriation of Spanish power firm Red Eléctrica Española’s shares in that country during a televised celebration Tuesday to commemorate International Workers’ Day. Morales ...
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