Bolivia's Risky GameGeri Smith
Bolivian President Evo Morales' announcement on May 1 that he is nationalizing the country's oil and gas resources made headlines around the world. But it didn't come as a total surprise to investors in the country's energy sector. Morales made nationalization a key theme in his election campaign, saying he would use the revenues to improve living standards in what is South America's poorest country.
To continue reading this article you must be a Bloomberg Professional Service Subscriber.
If you believe that you may have received this message in error please let us know.