Bolivia will restore diplomatic relations with Cuba, Venezuela and Iran, said President-elect Luis Arce in an interview with EFE. He will also re-establish good relations with China & Russia. Arce condems the coup govt for its ideological & pro-US approach to foreign policy.
Could they not just... renege on the IMF deal? Just say fuck off we aren't paying? What would the consequences be? I'm assuming sanctions at the least and possibly direct military intervention at the worst.
And then just renationalize anything sold off without monetary compensation? It would have the double purpose of hamstringing future would-be privatizers (no one will want to buy if a year later they'll nationalize it back) as well as preserving nationalized industries.
They have a majority in their legislature, and I think Ecuador(?) was pushed by protesters to not pay of their IMF loan (or maybe just part of it), so maybe they could get away with it.
Could they just give back the money they were loaned?
Could they not just... renege on the IMF deal? Just say fuck off we aren't paying? What would the consequences be? I'm assuming sanctions at the least and possibly direct military intervention at the worst.
And then just renationalize anything sold off without monetary compensation? It would have the double purpose of hamstringing future would-be privatizers (no one will want to buy if a year later they'll nationalize it back) as well as preserving nationalized industries.
They have a majority in their legislature, and I think Ecuador(?) was pushed by protesters to not pay of their IMF loan (or maybe just part of it), so maybe they could get away with it.
Could they just give back the money they were loaned?