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The rise of far left governments in Venezuela and Bolivia threatens to tear apart the unity that the majority of governments in the region (who are center left) had been working toward in the past decade.
Bolivia's nationalization of its gas and oil resources threatens to put a pinch on Argentina and Brazil, though likely less on Brazil due to its far-sighted policies on the use of ethanol. Bolivia has agreements with Chile on the use of its territory in the Atacama Desert to get its oil out into Pacific ports. One wonders if that will be in jeopardy in the coming months.
There is a good NY Times article summarizing some of the salient points at issue.
http://news.yahoo.com/s/ap/20060510/ap_on_re_la_am_ca/south_america_fractured_left
Bolivia's nationalization of its gas and oil resources threatens to put a pinch on Argentina and Brazil, though likely less on Brazil due to its far-sighted policies on the use of ethanol. Bolivia has agreements with Chile on the use of its territory in the Atacama Desert to get its oil out into Pacific ports. One wonders if that will be in jeopardy in the coming months.
There is a good NY Times article summarizing some of the salient points at issue.
http://news.yahoo.com/s/ap/20060510/ap_on_re_la_am_ca/south_america_fractured_left