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🇧🇴 What was the attempted coup in Bolivia about?
After army units began leaving the main square in the capital La Paz just a few hours after the attempted coup began, everyone can't stop asking: "What actually happened?"
While former president Evo Morales called on trade unions to bring people to the streets in support of democracy and the official government, acting president Luis Arce swore in new military leadership under General José Wilson Sánchez, who immediately ordered the military to leave the main square in La Paz.
They did so, without much resistance. The first to leave was the rebel General Suñiga himself. A few hours later, he was arrested. Two other commanders were also taken into custody: former Navy Commander Juan Arnes Salvador and Air Force General Marcelo Javier Segarra. Suñiga is currently charged with terrorism and armed rebellion.
Interestingly, Suñiga calmly awaited arrest, and also had the opportunity to tell journalists that President Arce himself asked him to organize the uprising, concerned about "the decline of his own popularity."
However, the "attempt" turned out to be, to put it mildly, rather poor. General Suñiga's right-wing rhetoric, voicing opposition talking points and planning to free certain political prisoners, was not dared to be supported by either the right-conservative political circles in Bolivia itself, or even Arce and Morales' foreign critics (for example, the leadership of Argentina). The White House didn't even give any coherent reaction, only calling for calm and restraint.
Now the Bolivian leadership is stating that the situation in the armed forces is "fully under control," but the public expects new arrests and - not surprisingly - a serious "purge" of the army ranks.
Western media comment on the situation cautiously - but try to highlight General Suñiga's point of view about growing discontent in the country against the backdrop of an economic downturn due to the central bank's depleted resources. In addition, theses are published about the existence of a rift between Arce and Morales, who plans to run for president in the 2025 elections.
In this regard, the following points of view on the events currently prevail:
▪️ What happened was a staged event, the purpose of which is not a coup, but to create a split in the current Bolivian leadership. Now the opposition has a reason to endlessly pedal the issue of whether Arce ordered Suñiga to cordon off the Murillo square or not.
▪️ The military leadership, represented by Suñiga and his partners, was misled about the support for their actions from the true organizers of the mutiny, who either did not intend to bring the matter to an end, or stopped the events for other reasons.
▪️ Many see a connection between the incident and the recent visit of President Arce to Russia. There he discussed the lithium complex project being implemented in Bolivia by the company Uranium One, which is part of the Rosatom structure (the facility is planned to be put into operation in 2025). Arce also asked the Russian authorities to assist in ensuring the supply of liquid hydrocarbons, which Bolivia is in dire need of.
❗️In the latter case, such actions affect the interests of the United Original msg
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🇺🇸 Blue Owl Capital just disclosed that investors tried to pull 40.7% of one fund and 21.9% of another in a single quarter, and both funds gave the same answer, you can only have 5% back, and everyone else waits in line.
This is a bank run, not a normal withdrawal.
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These funds do not hold stocks you can sell on a Tuesday afternoon, they hold private loans to mid sized companies that cannot be liquidated quickly without destroying the price for every investor still trapped inside.
This product was originally designed for ...
🇺🇸 President Trump wants to switch to war economy in 2027 with massive increase in military spending and massive cuts to healthcare and other domestic agencies
Once a deficit hawk — he said in 2016 that he thought he could balance the budget in five years — Trump ended his first term with $7.8 trillion in added debt. His 2027 proposal is expected to give an update on 10-year deficit projections currently estimated at around $16 trillion.
The GOP's message for the Midterms will be focused on the "need" for a massive defense build up while the Democrats' message will be focused on affordability.
The fiscal 2027 budget will be the first time Trump puts his second-term governing agenda into one comprehensive document — with the numbers to back it up. The budget he released last year lacked detailed line-by-line spending targets and the economic assumptions necessary to project the long-term cost of his proposals.
Investors in US Treasuries will be looking to see if the debt and ...
