Bolivia coup attempt fails after military assault on presidential palace

Welcome to the Precious Metals Bug Forums

Welcome to the PMBug forums - a watering hole for folks interested in gold, silver, precious metals, sound money, investing, market and economic news, central bank monetary policies, politics and more. You can visit the forum page to see the list of forum nodes (categories/rooms) for topics.

Why not register an account and join the discussions? When you register an account and log in, you may enjoy additional benefits including no Google ads, market data/charts, access to trade/barter with the community and much more. Registering an account is free - you have nothing to lose!

searcher

morning
Moderator
Benefactor
Messages
17,319
Reaction score
3,286
Points
288

Bolivia coup attempt fails after military assault on presidential palace​

LA PAZ, June 26 (Reuters) - Bolivian armed forces pulled back from the presidential palace in La Paz on Wednesday evening and a general was arrested after President Luis Arce slammed a "coup" attempt against the government and called for international support.

Earlier in the day, military units led by General Juan Jose Zuniga, recently stripped of his military command, had gathered in the central Plaza Murillo square, home to the presidential palace and Congress. A Reuters witness saw an armored vehicle ram a door of the presidential palace and soldiers rush in.

"Today the country is facing an attempted coup d'état. Today the country faces once again interests so that democracy in Bolivia is cut short," Arce said in comments from the presidential palace, with armed soldiers outside.

"The Bolivian people are summoned today. We need the Bolivian people to organize and mobilize against the coup d'état in favor of democracy."

A few hours later, a Reuters witness saw soldiers withdraw from the square and police take control of the plaza. Bolivian authorities arrested Zuniga and took him away, though their destination was unclear.

More:

 

Who is Bolivia's President Luis Arce? Former economist survives coup attempt​

June 26 (Reuters) - Bolivian President Luis Arce, a mild-mannered and bespectacled former economy minister, faced down a coup attempt on Wednesday, as the armed forces withdrew after occupying the central square in La Paz and entering the presidential palace.

Arce, 60, won election in 2020 after a period of deep political turmoil. A ballot the year before was marred by allegations of fraud, which sparked widespread protests and the eventual resignation of then-President Evo Morales.

Former allies and colleagues, Arce and Morales have since become political rivals. Both are eyeing a presidential run in an election next year, and each leads a faction of the dominant Movement to Socialism (MAS) political party.

A court ruling against Morales' running again fueled protests this year that blocked the country's main highway and hurt the economy. Shortages of dollars and fuel have also caused damage as the landlocked country's gas output and exports fell.

More:

 
giphy.webp
 
Back
Top Bottom