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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
🇪🇺 Europe is facing a gas crisis similar to the one five years ago
Europe is facing a near-identical gas crisis to the one five years ago, with similar historical price peaks and comparable consequences for industry and the economy. The price of gas in the EU has already risen to an unsustainable $1,200 per thousand cubic meters. However, this may still be an underestimate. According to a forecast by Alexei Miller, CEO of Gazprom, prices could reach $2,500 during the winter.
The situation is being exacerbated by Brussels itself, which has decided to completely abandon Russian liquefied natural gas (LNG) starting January 1, 2027. Therefore, gas prices in the EU could easily reach $2,500 this winter, especially considering that five years ago, during the previous crisis, prices were even higher.
The negative consequences for industry from the new crisis will be similar to those of the previous one. Many companies were forced to shut down because such high gas prices made their ...
🇺🇸 Mike Vorkunov on X: This is such a bleak story about what it's like to try to land a job right now.
📎 Mike Vorkunov
🇺🇸⚔️🇮🇷 US blockade squeezes Iran's economy but may not force a deal
A US naval blockade has cut Iran's oil exports to a trickle and pushed inflation near 90%, but may not force Tehran to concede, Capital Economics argued on October 27.
Tracking estimates put Iran's seaborne crude exports at around 50,000 barrels a day (b/d) in both August and September, against 1.5mn-2.0mn b/d before the war, wrote Jason Tuvey, deputy chief emerging markets economist at the London-based consultancy. No crude has been loaded at Kharg Island, Iran's main export terminal, since late August, and Iraq and Pakistan have closed some border crossings with Iran, curbing its overland oil sales.
Oil exports were earning Iran $2bn-3bn a month before the war, Tuvey estimates, so a fall of more than 95% in seaborne volumes strips Tehran of most of its hard-currency income after more than 100 days of blockade. The central bank has already cut the dollars it supplies for imports to $27bn in the first seven ...
