Voice of America - VOA News on Nostr: Economic turmoil in Bolivia fuels distrust in government and its claim of a 'failed ...
Economic turmoil in Bolivia fuels distrust in government and its claim of a 'failed coup'
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Economic turmoil in Bolivia, fueled by a shortage of U.S. dollars, has led to a deep distrust in President Luis Arce's government. Many Bolivians have lost trust in Arce, who denies the country is in an economic crisis. The distrust came to a head with a spectacle the government called a 'failed coup d'etat' and opponents called a staged 'self-coup.' The economic crisis is rooted in a dependence on the dollar, draining international reserves, mounting debt, and failures to produce products like gas. The shortage of dollars has led to a black market and gouged prices, causing people to stop buying essential goods and pushing working-class people deeper into poverty. The ongoing feud between Arce and former President Evo Morales has further exacerbated the situation. The discontent has fueled protests and strikes, and there is a growing desire for an outsider to gain traction in the upcoming elections. The economic crisis has caused uncertainty and a lack of future prospects for many Bolivians.
#Bolivia #EconomicTurmoil #Government #FailedCoup #Distrust #ShortageOfDollars #BlackMarket #Protests #Strikes #Elections
https://www.voanews.com/a/economic-turmoil-in-bolivia-fuels-distrust-in-government-and-its-claim-of-a-failed-coup-/7679029.html
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Economic turmoil in Bolivia, fueled by a shortage of U.S. dollars, has led to a deep distrust in President Luis Arce's government. Many Bolivians have lost trust in Arce, who denies the country is in an economic crisis. The distrust came to a head with a spectacle the government called a 'failed coup d'etat' and opponents called a staged 'self-coup.' The economic crisis is rooted in a dependence on the dollar, draining international reserves, mounting debt, and failures to produce products like gas. The shortage of dollars has led to a black market and gouged prices, causing people to stop buying essential goods and pushing working-class people deeper into poverty. The ongoing feud between Arce and former President Evo Morales has further exacerbated the situation. The discontent has fueled protests and strikes, and there is a growing desire for an outsider to gain traction in the upcoming elections. The economic crisis has caused uncertainty and a lack of future prospects for many Bolivians.
#Bolivia #EconomicTurmoil #Government #FailedCoup #Distrust #ShortageOfDollars #BlackMarket #Protests #Strikes #Elections
https://www.voanews.com/a/economic-turmoil-in-bolivia-fuels-distrust-in-government-and-its-claim-of-a-failed-coup-/7679029.html