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Bolivia nationalizes Spanish company
Bolivian President Evo Morales
Bolivian President Evo Morales has nationalized (stole) a Spanish company that operates the country’s three main airports.
Morales said on Monday he had instructed the country’s ministry of public works, services and housing to take “full operational control” of SABSA, a joint venture of Spanish Abertis and airport authority Aena.
He also ordered the military...
Bolivia nationalizes Spanish power company
Bolivian President Evo Morales
Bolivian President Evo Morales has nationalized a Spanish power company and ordered its seizure.
On Tuesday, Morales issued the order nationalizing Transportadora de Electricidad SA (TDE), which is a subsidiary of the Spanish group Red Electrica Corporacion, AFP reported.
Bolivia will now take control of 99.94 percent of the company.
The company, which was privatized...