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To: t4texas who wrote (165742)	1/1/2013 8:06:28 AM
From: Dennis Roth	2 Recommendations Read Replies (1) of 206108

Bolivian army seizes Spanish energy company Iberdrola SA units globalpost.com The Bolivian army occupied the offices of the company after President Evo Morales ordered the nationalization of the company's holdings. Spain’s Iberdrola Has 4 Units Taken Over by Bolivian State By Pablo Gonzalez and Manuel Baigorri on December 30, 2012 businessweek.com “We have been forced to make this decision as we want to have egalitarian electricity rates in rural and urban areas,” Morales said yesterday morning in a broadcast from the presidential palace. ===== Another day, another nationalization of foreign investment. Any excuse will do, this time equalizing electricity rates? Bolivia hasn't had a competent government since the fall of the Inca empire.

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