Evo Morales reverses fuel price hike after protests in Bolivia

Posted on January 3, 2011 • Filed under: Bolivia, Business, Oil

Following a wave of angry protests across the country, Bolivia’s President Evo Morales revoked a decree that lifted fuel subsidies and caused price hikes of up to 82%. In a message late Jan. 31, Morales said he had decided to rescind the decree after meeting with labor and indigenous leaders who convinced him that the price hike for gasoline, diesel and other fuels was “inopportune.” Read Article

Share This Story
  • Print
  • Digg
  • StumbleUpon
  • del.icio.us
  • Facebook
  • Yahoo! Buzz
  • Twitter
  • Google Bookmarks
  • Add to favorites
  • email