Eduardo's Feed
Feb 11, 2010

Known lithium deposits can cover electric car boom

MEXICO CITY/LA PAZ (Reuters) – Hopes of an electric car boom are spurring companies to seek new lithium sources, but new finds may be lower quality and costlier to develop than established deposits able to meet demand for years to come.

Lithium is a key component in rechargeable batteries that power laptop computers, digital cameras and cell phones. Demand for the silver-white metal is expected to surge if carmakers start producing electric or hybrid vehicles on a large scale.

Jan 23, 2010

Bolivia’s Morales names new energy minister

LA PAZ, Jan 23 (Reuters) – Bolivian President Evo Morales
appointed Luis Fernando Vincenti as the country’s new energy
minister on Saturday, in a Cabinet shuffle a day after starting
his second presidential term.

Bolivia has the second-largest natural gas reserves in
South America after Venezuela and is the region’s top exporter
of the fuel.

Jan 22, 2010

Morales to firm state grip, exploit Bolivia lithium

LA PAZ, Bolivia, Jan 22 (Reuters) – Bolivian President Evo
Morales began his second term on Friday vowing to further
tighten state control over South America’s poorest economy and
develop some of the world’s largest lithium reserves.

Morales, an Aymara Indian and Bolivia’s first indigenous
president, won a sweeping re-election victory in December on
the back of broad support from the poor Indian majority.

Jan 20, 2010

Argentine leader turns to Congress in cenbank row

BUENOS AIRES, Jan 19 (Reuters) – Argentine President
Cristina Fernandez asked lawmakers on Tuesday to discuss her
firing of the Central Bank chief in an effort to defuse a row
over her plan to use foreign currency reserves to pay debt.

Fernandez’s plan to use $6.6 billion in central bank
reserves to make debt payments this year has sparked legal
challenges and political tension, rattling financial markets
and raising concerns that a planned bond swap could be
delayed.

Jan 16, 2010

U.S. judge lifts freeze on Argentine cenbank funds

BUENOS AIRES, Jan 15 (Reuters) – A U.S. judge on Friday
lifted a freeze on Argentine Central Bank funds that had
further clouded the president’s plan to use billions of dollars
in foreign currency reserves to pay debt.

U.S. District Judge Thomas Griesa froze an account held by
the Central Bank in the U.S. Federal Reserve earlier this week,
deepening a political and legal row over the reserves plan and
raising doubts about possible delays to a planned debt swap.

Dec 7, 2009

Bolivia’s Morales says will deepen leftist reforms

LA PAZ (Reuters) – Leftist Bolivian President Evo Morales vowed on Monday to increase state control over the economy and strengthen political power for indigenous groups, a day after exit polls showed he was re-elected in a landslide.

Bolivia’s top electoral body has not yet released official results, but exit polls and quick counts showed Morales took at least 63 percent of the vote, more than 35 percentage points ahead of his closest challenger, rightist former Governor Manfred Reyes Villa.

Dec 6, 2009

Bolivia’s Morales heading to landslide re-election

LA PAZ (Reuters) – Bolivian President Evo Morales was heading for a landslide re-election on Sunday as voters backed his left-wing reforms asserting greater state control over the economy and increasing social spending on the poor.

Exit polls and a quick count tabulation by Uno television showed Morales took at least 61 percent of the vote and held a lead of more than 35 percentage points over his closest challenger, rightist former governor Manfred Reyes Villa.

Dec 6, 2009

Bolivia’s Morales re-elected – exit polls, quick count

LA PAZ, Dec 6 (Reuters) – Leftist Bolivian President Evo
Morales easily won re-election on Sunday, three television exit
polls showed.

Morales received at least 61 percent of the vote, according
to exit polls released by the private TV channels ATB, Uno and
PAT. His closest rival, rightist former governor Manfredo Reyes
Villa, had about 23 percent of votes.

Dec 6, 2009

Bolivia’s Morales seen cruising to re-election

LA PAZ, Dec 6 (Reuters) – Bolivian President Evo Morales,
whose leftist economic policies have made him broadly popular
with the poor but angered business leaders, is expected to win
re-election on Sunday, allowing him to expand state control
over the economy.

A victory by Morales would solidify his dominance over
Bolivian politics and further weaken a divided conservative
opposition tied to the country’s business elite.

Nov 26, 2009

Repsol to boost natural gas output in Bolivia

LA PAZ, Nov 26 (Reuters) – A consortium led by Spain’s
largest oil company Repsol <REP.MC> will invest $1.5 billion to
boost natural gas output in Bolivia, which will allow the
country to increase exports to Argentina, the company’s CEO
said on Thursday.

Antonio Brufau, Repsol’s chief executive officer, announced
the investment after a meeting with Bolivia’s leftist President
Evo Morales in La Paz.

    • About Eduardo

      "Eduardo has been reporting from Ecuador since November 2011. He has written about the Andean country's oil industry, tensions between the government of President Rafael Correa and the media, and efforts by Ecuadorean plaintiffs to enforce an $18 billion ruling against U.S. oil company Chevron for polluting the Amazon. He was previously posted in Argentina where he covered the country's grains industry and in Bolivia where he wrote about President Evo Morales' efforts to give the majority Indian population more political power. Eduardo is a Spaniard who has also lived and reported in Guatemala and Britain."
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