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Wednesday 27 February 2008

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Fidel Castro, Indisputable Latin American Leader
Major Banks' Ratings Unaffected By Upgrade On Panama
Venezuela Ready for FARC Hostages
Uruguay Government Repeals Military Immunity Measures
Bolivia, ALBA Unplug Transnationals


Bolivia, ALBA Unplug Transnationals
Bolivian Hydrocarbon Minister Carlos Villegas said Tuesday that the gradual recovery of the electric sector is part of strategy boosted by the Morales government and the Bolivarian Alternative for the Peoples of the Americas Trade Agreement (ALBA).

As an element of the national re-foundation, Villegas stated that the largest control policy of the State, present in energy and mining production, will also reach the National Electricity Company.

By designating new electricity superintendent Jerjes Mercado, minister for services and public works until September, Villegas highlighted the idea of ending the monopoly existing in that sphere, managed by transnational companies.

According to official statistics, the Bolivian electric sector is controlled by companies from Spain and United States.

The executive also announced that Bolivia will start distributing freely as of March 10 about 5.8 million fluorescent light bulbs in all homes of the main cities.

Also included is the energy efficiency plan and save from 40 percent to 45 percent of energy at homes, according to the Hydrocarbon Ministry.

The change will begin in distant neighbor La Paz, El Alto, Cochabamba and Santa Cruz cities.
 

 

 

 

 
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