Bolivia’s Leader Faces Complex Task
President Evo Morales’ effort to nationalize Bolivia’s natural gas industry poses major challenges for his leftist government, including where to find money to carry out the radical plan and how to deal with his worried neighbors. Bolivia wants to use its cash-strapped, state-owned gas company to oversee all aspects of gas production, refining and sales in the country — but it’s not clear how it can come up with the money it needs to wrest control of the industry from the foreign companies now managing it. Full Story