President Luis Arce's career has mirrored Bolivia's economic trajectory from boom to bust

Bolivian President Luis Arce, center, accompanied by Vice President David Choquehuanca, right, acknowledge supporters as they stand on a balcony of the government palace in La Paz, Bolivia, Wednesday, June 26, 2024. Armored vehicles rammed the doors of Bolivia's government palace Wednesday in an apparent coup attempt against Arce, but he vowed to stand firm and named a new army commander who ordered troops to stand down.

Bolivian television showed Arce confronting the apparent leader of the rebellion — the general commander of the Army — in the hallway of the government palace Wednesday night. Arce's career has mirrored Bolivia's economic trajectory from boom to bust. He worked in the Central Bank from 1987 to 2006 and worked for Morales administering a bonanza in metals and hydrocarbons prices that came to be known as the “Bolivian Miracle.”

Business Business Latest News, Business Business Headlines

Similar News:You can also read news stories similar to this one that we have collected from other news sources.

President Luis Arce's career has mirrored Bolivia's economic trajectory from boom to bustThe president of Bolivia is a 60-year-old leftist whom many see as an opponent of Washington-backed free-market and neoliberal policies. Luis Arce became the target of an attempted coup Wednesday night when the general commander of the military led rebels to Bolivia's government palace.
Source: AP - 🏆 728. / 51 Read more »