Shooting War Gen-We Getting A Grip Wolves In Sheep's Clothing

H03134

Battle In Seattle
Headlines : International
Summary:

The basic question is this: Who will control the nation’s massive natural gas reserves, which has jumped to 53.3 trillion cubic feet from just 5.6 trillion cubic feet in 1999? The deeper issue, of course, is the unwillingness of the highly organized and politicized majority indigenous population to suffer through another generation of brutal high-altitude poverty. Huge marches, thousands strong, have descended on La Paz all week. In the ensuing battles indigenous protesters throw dynamite, stones and bottles, while paramilitary police shoot tear gas and rubber bullets.

[Posted By Ryz]
By Christian Parenti
Republished from The Nation
Who will control massive natural gas reserves in Bolivia

Bolivia is again in the grip of a major political crisis, marked by parliamentary deadlock and street fighting. Huge marches, thousands strong, have descended on La Paz all week. In the ensuing battles indigenous protesters throw dynamite, stones and bottles, while paramilitary police shoot tear gas and rubber bullets.

The basic question is this: Who will control the nation’s massive natural gas reserves, which has jumped to 53.3 trillion cubic feet from just 5.6 trillion cubic feet in 1999? The deeper issue, of course, is the unwillingness of the highly organized and politicized majority indigenous population to suffer through another generation of brutal high-altitude poverty.

The rolling protests and road blockades around La Paz come a week after Congress passed a law raising taxes on the foreign oil companies that have controlled Bolivia’s petroleum wealth since a sweeping privatization in 1996. The companies cast the new law as far too severe, while the largely indigenous left decry the law as too weak.

Part of the opposition, led by MAS (the Movement Toward Socialism) and its leader, Evo Morales, is calling for 50 percent wellhead royalties rather than the new law’s combination of 18 percent royalties and a 32 percent tax on more easily…

[end excerpt]
Click here to read the rest of the article
Ryz

Posted by Ryz
Born and raised in The Netherlands and living in Canada since 2000. Spent most of his professional career in the IT industry for corporations. Now self-employed. Loves music, graphics, science, politics and various other things that happen to pass in...

Login

Sign up for the GNN newsletter to get the first word on video premieres and breaking news. signup

Read the GNN FAQ for information about the site, forum rules and other GNN 2.0 information. faq

Optimized for FireFox
To download the Firefox web browser, visit mozilla.com Get Firefox

  • Advertise With GNN
  • SUPPORT GNN! Support GNN

    TEES/DVDS @ GNN STORE

    Buy Our Tees
  • Bloggers' Rights at EFF