1. Most Discussed
  2. Gainers & Losers
SDL 0.4¢

bolivian congress rocked by blast

  1. GSTfree

    678 Posts.

    The ole sovereign risk starting to rear its ugly head with sundance - keep a close eye on this one as anarchy is in the ranks

    Bolivian Congress rocked by blast
    A Bolivian miner has blown himself up at the national Congress building in La Paz, in a protest over his pension.
    Eustaquio Picachuri, aged 47, also killed two security officers and wounded several others.

    The man was reportedly negotiating with the Congress's security team when he set off dynamite strapped to his body.

    The incident comes as President Carlos Mesa tries to ease tensions in Bolivia after October's national protests by farmers, workers and miners.

    Mr Mesa left the building shortly before the explosion, which happened while Congress was sitting.

    The building had been evacuated and sessions were immediately suspended.

    Mr Mesa described the attack as an isolated incident and called for calm.

    The miner was "in an apparent state of desperation" , he added, in remarks reported by Reuters news agency.


    The bombing comes at a time when thousands of Bolivian miners are out of work.

    In recent years the government has opened the country's reserves of gold and other mineral deposits to private mining companies.

    In October, miners, farmers and workers took part in protests sparked by President Gonzalo Sanchez de Lozada's plan to export natural gas.

    Dozens died in the protests that led to the president's resignation.

    Since taking office, Mr Mesa has worked to ease social tensions in one of the poorest countries in Latin America.

    But he continues to face pressure from the protest groups to turn around a slumping economy and narrow the gap between rich and poor.

Before making any financial decisions based on what you read, always consult an advisor or expert.

The HotCopper website is operated by Report Card Pty Ltd. Any information posted on the website has been prepared without taking into account your objectives, financial situation or needs and as such, you should before acting on the information or advice, consider the appropriateness of the information or advice in relation to your objectives, financial situation or needs. Please be aware that any information posted on this site should not be considered to be financial product advice.

From time to time comments aimed at manipulating other investors may appear on these forums. Posters may post overly optimistic or pessimistic comments on particular stocks, in an attempt to influence other investors. It is not possible for management to moderate all posts so some misleading and inaccurate posts may still appear on these forums. If you do have serious concerns with a post or posts you should report a Terms of Use Violation (TOU) on the link above. Unless specifically stated persons posting on this site are NOT investment advisors and do NOT hold the necessary licence, or have any formal training, to give investment advice.


Thank you for visiting HotCopper

We have detected that you are running ad blocking software.

HotCopper relies on revenue generated from advertisers. Kindly disable your ad blocking software to return to the HotCopper website.

I understand, I have disabled my ad blocker. Let me in!

Need help? Click here for support.