Crisis Feared Over Bolivia Gas Takeover
South American leaders scrambled to avert a regional crisis over Bolivia’s nationalization of its natural gas sector as Venezuelan leader Hugo Chavez flew with Bolivian President Evo Morales to a hastily arranged summit in Argentina on Thursday. Morales had announced Monday that he had nationalized Bolivia’s natural gas reserves and will reduce foreign participants to minority players — giving the companies six months to sign contracts or leave Bolivia. Full Story