{"id":49568,"date":"2019-11-12T14:05:59","date_gmt":"2019-11-12T19:05:59","guid":{"rendered":"https:\/\/olduvai.ca\/?p=49568"},"modified":"2019-11-12T14:06:05","modified_gmt":"2019-11-12T19:06:05","slug":"bolivian-coup-comes-less-than-a-week-after-morales-stopped-multinational-firms-lithium-deal","status":"publish","type":"post","link":"https:\/\/olduvai.ca\/?p=49568","title":{"rendered":"Bolivian Coup Comes Less Than a Week After Morales Stopped Multinational Firm’s Lithium Deal"},"content":{"rendered":"\n

Bolivian Coup Comes Less Than a Week After Morales Stopped Multinational Firm’s Lithium Deal<\/a><\/h3>\n\n\n\n

“Bolivia’s lithium belongs to the Bolivian people. Not to multinational corporate cabals.”<\/strong><\/p>\n\n\n\n

\"Bolivia's
Bolivia’s Salar de Uyuni salt flats hold the largest reserves of lithium in the world. (Photo: Psyberartist\/Flickr<\/a>\/cc)<\/figcaption><\/figure>\n\n\n\n

The Sunday military coup in Bolivia has put in place a government which appears likely to reverse a decision by just-resigned President Evo Morales to cancel an agreement with a German company for developing lithium deposits in the Latin American country for batteries like those in electric cars. <\/p>\n\n\n\n

“Bolivia’s lithium belongs to the Bolivian people,” tweeted<\/a> Washington Monthly<\/em>contributor David Atkins. “Not to multinational corporate cabals.”<\/p>\n\n\n\n

The coup, which on Sunday resulted in Morales resigning and going into hiding, was the result of days of protests from right-wing elements angry at the leftist Morales government. Sen. Jeanine A\u00f1ez, of the center-right party Democratic Unity, is currently the interim president in the unstable post-coup government in advance of elections.<\/p>\n\n\n\n

Investment analyst publisher Argus<\/em> urged investors to keep an eye on the developing situation and noted that gas and oil production from foreign companies in Bolivia had remained steady.<\/p>\n\n\n\n

The Morales move on Nov. 4 to cancel<\/a> the December 2018 agreement<\/a> with Germany’s ACI Systems Alemania (ACISA) came after weeks of protests from residents of the Potos\u00ed area. The region has 50% to 70% of the world’s lithium reserves in the Salar de Uyuni salt flats.<\/p>\n\n\n\n

Among other clients, ACISA provides batteries to Tesla; Tesla’s stock rose Monday after the weekend. <\/p>\n\n\n\n

As\u00a0Bloomberg News<\/em>\u00a0noted<\/a>\u00a0in 2018, that has set the country up to be incredibly important in the next decade:<\/p>\n\n\n\n

 \u2026click on the above link to read the rest of the article\u2026<\/p>\n","protected":false},"excerpt":{"rendered":"

Bolivian Coup Comes Less Than a Week After Morales Stopped Multinational Firm’s Lithium Deal “Bolivia’s lithium belongs to the Bolivian people. Not to multinational corporate cabals.” The Sunday military coup in Bolivia has put in place a government which appears likely to reverse a decision by just-resigned President Evo Morales to cancel an agreement with […]<\/p>\n","protected":false},"author":1,"featured_media":0,"comment_status":"closed","ping_status":"open","sticky":false,"template":"","format":"standard","meta":{"_monsterinsights_skip_tracking":false,"_monsterinsights_sitenote_active":false,"_monsterinsights_sitenote_note":"","_monsterinsights_sitenote_category":0,"footnotes":""},"categories":[5,6],"tags":[27550,27549,27435,991,16991,526],"class_list":["post-49568","post","type-post","status-publish","format-standard","hentry","category-geopolitics","category-liberty","tag-aci-systems-alemania","tag-acisa","tag-eoin-higgins","tag-evo-morales","tag-lithium","tag-military-coup"],"_links":{"self":[{"href":"https:\/\/olduvai.ca\/index.php?rest_route=\/wp\/v2\/posts\/49568","targetHints":{"allow":["GET"]}}],"collection":[{"href":"https:\/\/olduvai.ca\/index.php?rest_route=\/wp\/v2\/posts"}],"about":[{"href":"https:\/\/olduvai.ca\/index.php?rest_route=\/wp\/v2\/types\/post"}],"author":[{"embeddable":true,"href":"https:\/\/olduvai.ca\/index.php?rest_route=\/wp\/v2\/users\/1"}],"replies":[{"embeddable":true,"href":"https:\/\/olduvai.ca\/index.php?rest_route=%2Fwp%2Fv2%2Fcomments&post=49568"}],"version-history":[{"count":2,"href":"https:\/\/olduvai.ca\/index.php?rest_route=\/wp\/v2\/posts\/49568\/revisions"}],"predecessor-version":[{"id":49570,"href":"https:\/\/olduvai.ca\/index.php?rest_route=\/wp\/v2\/posts\/49568\/revisions\/49570"}],"wp:attachment":[{"href":"https:\/\/olduvai.ca\/index.php?rest_route=%2Fwp%2Fv2%2Fmedia&parent=49568"}],"wp:term":[{"taxonomy":"category","embeddable":true,"href":"https:\/\/olduvai.ca\/index.php?rest_route=%2Fwp%2Fv2%2Fcategories&post=49568"},{"taxonomy":"post_tag","embeddable":true,"href":"https:\/\/olduvai.ca\/index.php?rest_route=%2Fwp%2Fv2%2Ftags&post=49568"}],"curies":[{"name":"wp","href":"https:\/\/api.w.org\/{rel}","templated":true}]}}