QUITO, Ecuador—Bolivia plans on struggling hard to maintain the unity of the Union of South American Nations (UNASUR), after half of its member states declared the indefinite suspension of their participation in the regional organization, President Evo Morales told reporters Tuesday. Continue reading
A concerted push is underway in South America that could see one of the world’s largest reserves of fresh water soon fall into the hands of transnational corporations such as Coca-Cola and Nestle. According to reports, talks to privatize the Guarani Aquifer—a vast subterranean water reserve lying beneath Argentina, Brazil, Paraguay, and Uruguay—have already reached an advanced stage. The deal would grant a consortium of U.S. and Europe-based conglomerates exclusive rights to the aquifer that would last over 100 years. Continue reading
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