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View Full Version : Brazil, Bolivia clash over oil nationalization


Space Tycoon
05-13-2006, 08:41 PM
This is why I don't worry too much about Latin America's shift to the left. they will spend as much time feuding amongst themselves as they will us Gringoes. :smirks:

Still, it's an important region and worth following.


Gas crisis hurts Brazil-Bolivia relations (http://www.businessweek.com/ap/financialnews/D8HIHBS00.htm?campaign_id=apn_home_down&chan=db)

MAY. 12 7:09 P.M. ET Relations between Brazil and Bolivia sank to their lowest point in a century Friday, as the two sparred over Bolivia's nationalization of its energy sector and threats to seize Bolivian land held by Brazilian farmers.

The escalating rhetoric between the South American neighbors marks a level of tension not seen since the two countries almost clashed over a huge swath of land in the Amazon that Bolivia eventually sold to Brazil in 1903, said David Fleischer, a political scientist at the University of Brasilia.

"That was the only time the two countries have ever had great difficulties," he said. "It was almost to the point where Brazilian troops were going to be sent in."
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