New Bolivian Leader Ends Fuel Subsidies After 20 Years Of Leftist Rule

Bolivia’s new president announced on Wednesday that the country will eliminate its fuel subsidies, ending 20 years of fixed prices under the Latin American nation’s previous leftist leaders.

“With the publication of this decree, the new prices for hydrocarbons will be announced,” President Rodrigo Paz, a pro-business conservative elected in October, said in a televised address while flanked…