Election Results

Bolivia just held their Presidential election and as predicted by the polls, Evo Morales won again with just over 50% of the vote.  President Morales is a very socialist leader who was at one point a coca farmer himself.  Many of his policies are not popular in the Santa Cruz area that we will be going to because many of the industries that he is planning to share the wealth from are housed in the Santa Cruz area.

Bolivia as a whole has many untapped natural resources which should produce a great deal of income over the next few years.  They have the 2nd largest natural gas deposits in South America and have half of the world's known lithium reserves in the Bolivia salt flats that has been hardly touched.  With the emergence of all the lithium battery use in the world, it would be a great boost to their economy if the lithium mining industry really took off.

Click here to read a little more about the Bolivian election results.

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