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2011-01-01 Caribbean-Latin America

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Posted by Fred 2011-01-01 00:00|| || Front Page|| [1 views ] Top

#1 Evo caves...

Bolivian President Evo Morales has reinstated subsidies on petroleum products after protests over higher fuel prices, the state-run news agency ABI reported Friday.

Morales made the announcement from the government palace after meeting with his Cabinet, trade unions and social organizations in La Paz, the news agency said.

Supreme Decree 748, which ended the subsidies, was issued Sunday. On Monday, gasoline and diesel prices rose dramatically, sparking widespread protests in major cities.

"I want to say to the Bolivian people that this means that all the measures remain without effect," he said. "There exists no justification now to raise the cost of travel or to increase the price of food ... everything returns to the way it was before."

Posted by tu3031 2011-01-01 12:10|| 2011-01-01 12:10|| Front Page Top

#2 another Bloviating Bolivarian Tinpot gobsmacked by reality. Hope he's dead in 2011

Posted by Frank G 2011-01-01 13:40|| 2011-01-01 13:40|| Front Page Top

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