Luis Arce
Luis Alberto Arce Catacora (; born 28 September 1963), often referred to as Lucho, is a Bolivian banker, economist, and politician serving as the 67th president of Bolivia since 2020. A member of the Movement for Socialism (Bolivia), Movement for Socialism, he previously served as minister of finance—later Ministry of Economy and Public Finance (Bolivia), minister of economy and public finance—from 2006 to 2017, and in 2019. Born in La Paz, Arce graduated as an economist at the University of Warwick. His lifelong career in banking and accounting at the Central Bank of Bolivia prompted President Evo Morales to appoint him as minister of finance in 2006. For over ten years as Morales' longest-serving minister, Arce was hailed as the architect behind Bolivia's economic transformation, overseeing the nationalization of the country's hydrocarbons industry, the rapid expansion of Gross domestic product, GDP, and the reduction of poverty. His tenure was only brought to an end by a d ... [...More Info...]       [...Related Items...]     OR:     [Wikipedia]   [Google]   [Baidu]   |
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The Most Excellent
The Most Excellent ( (male) or (female), literally "Most Excellent Lord/Lady") is an honorific prefix that is traditionally applied to certain people in Spain and certain Spanish-speaking countries. Following Spanish tradition, it is an '' ex officio'' style (the holder has it as long as they remain in office, in the most important positions of state) and is used in written documents and very formal occasions. The prefix is similar (but not equal) to that of " His/Her Excellency", but in the 19th century "The Most Excellent" began to replace the former. The use of the prefix Excellency was re-introduced in Francoist Spain by '' Generalísimo'' Francisco Franco himself, who was formally styled as '' Su Excelencia el Jefe del Estado'' ("His Excellency the Head of State"), while his ministers and senior government officials continued using the prefix "The Most Excellent". The prefix " The Most Illustrious" (''Ilustrísimo/a Señor/a)'' is the lower version, and is mostly used for ... [...More Info...]       [...Related Items...]     OR:     [Wikipedia]   [Google]   [Baidu]   |
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President Of Bolivia
The president of Bolivia (), officially known as the president of the Plurinational State of Bolivia (), is head of state and head of government of Bolivia and the captain general of the Armed Forces of Bolivia. According to the Bolivian Constitution, the president is elected by popular vote to a five-year term with no limit on the number of terms a president may serve. If no candidate wins a majority (defined as either more than 50%, or alternatively at least 40% and at least 10% more than the second-place candidate), the top two candidates advance to a runoff election. Luis Arce is the 67th and incumbent president of Bolivia. He assumed office on 8 November 2020. Constitutional history Establishment On 6 August 1825, the Republic of Bolivia declared its independence and proclaimed Simón Bolívar head of state. While it is certainly true that Bolívar was the official ruler of the country starting from his arrival on 12 August, there exists conflict amongst schol ... [...More Info...]       [...Related Items...]     OR:     [Wikipedia]   [Google]   [Baidu]   |
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2025 Bolivian General Election
General elections are scheduled to take place in Bolivia on 17 August 2025. If no candidate secures a majority, a second round will take place on 19 October 2025. Voters will elect the President of Bolivia and Vice President of Bolivia, 130 members of the Chamber of Deputies (Bolivia), Chamber of Deputies, and 36 members of the Chamber of Senators (Bolivia), Chamber of Senators. Background The election is being held amid a schism within the ruling Movimiento al Socialismo (MAS) between incumbent president Luis Arce and former president Evo Morales. The former allies fell out following Arce's 2020 Bolivian general election, election in 2020, when Morales, who had been in exile following 2019 Bolivian political crisis, political unrest caused by his 2019 Bolivian general election, reelection bid in 2019, returned and tried to regain control of the party's leadership. In late 2024 and early 2025, shortages of essential goods – including gasoline, diesel, basic foodstuffs and medic ... [...More Info...]       [...Related Items...]     OR:     [Wikipedia]   [Google]   [Baidu]   |
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Foreign Exchange Reserves
Foreign exchange reserves (also called forex reserves or FX reserves) are cash and other reserve assets such as gold and silver held by a central bank or other monetary authority that are primarily available to balance payments of the country, influence the foreign exchange rate of its currency, and to maintain confidence in financial markets. Reserves are held in one or more reserve currencies, nowadays mostly the United States dollar and to a lesser extent the euro. Foreign exchange reserves assets can comprise banknotes, bank deposits, and government securities of the reserve currency, such as bonds and treasury bills. Some countries hold a part of their reserves in gold, and special drawing rights are also considered reserve assets. Often, for convenience, the cash or securities are retained by the central bank of the reserve or other currency and the "holdings" of the foreign country are tagged or otherwise identified as belonging to the other country without them ac ... [...More Info...]       [...Related Items...]     OR:     [Wikipedia]   [Google]   [Baidu]   |
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Pharmaceutical Industry
The pharmaceutical industry is a medical industry that discovers, develops, produces, and markets pharmaceutical goods such as medications and medical devices. Medications are then administered to (or self-administered by) patients for curing or preventing disease or for alleviating symptoms of illness or injury. Pharmaceutical companies may deal in generic drugs, branded drugs, or both, in different contexts. Generic materials are without the involvement of intellectual property, whereas branded materials are protected by chemical patents. The industry's various subdivisions include distinct areas, such as manufacturing biologics and total synthesis. The industry is subject to a variety of laws and regulations that govern the patenting, efficacy testing, safety evaluation, and marketing of these drugs. The global pharmaceutical market produced treatments worth a total of $1,228.45 billion in 2020. The sector showed a compound annual growth rate (CAGR) of 1.8% in 2021, ... [...More Info...]       [...Related Items...]     OR:     [Wikipedia]   [Google]   [Baidu]   |
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COVID-19 Pandemic In Bolivia
The COVID-19 pandemic in Bolivia was a part of the worldwide pandemic of coronavirus disease 2019 () caused by severe acute respiratory syndrome coronavirus 2 (). The virus was confirmed to have spread to Bolivia on 10 March 2020, when its first two cases were confirmed in the departments of Oruro and Santa Cruz. On 12 March, Bolivia suspended all public school sessions until 31 March, as well as all commercial flights to and from Europe indefinitely. They also prohibited large-scale public gatherings of more than 1,000 people. Background On 12 January 2020, the World Health Organization (WHO) confirmed that a novel coronavirus was the cause of a respiratory illness in a cluster of people in Wuhan City, Hubei Province, China, which was reported to the WHO on 31 December 2019. The case fatality ratio for COVID-19 has been much lower than SARS of 2003, but the transmission has been significantly greater, with a significant total death toll. Timeline On 12 March, ... [...More Info...]       [...Related Items...]     OR:     [Wikipedia]   [Google]   [Baidu]   |
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Carlos Mesa
Carlos Diego de Mesa Gisbert (; born 12 August 1953) is a Bolivian historian, journalist, and politician who served as the 63rd president of Bolivia from 2003 to 2005. As an independent politician, he had previously served as the 37th vice president of Bolivia from 2002 to 2003 under Gonzalo Sánchez de Lozada and was the international spokesman for Obligation to Negotiate Access to the Pacific Ocean, Bolivia's lawsuit against Chile in the International Court of Justice from 2014 to 2018. A member of the Revolutionary Left Front (Bolivia), Revolutionary Left Front, he has served as leader of Civic Community, the largest opposition parliamentary group in Bolivia, since 2018. Born in La Paz, Mesa began a twenty-three-year-long journalistic career after graduating from university. He rose to national fame in 1983 as the host of ''De Cerca'', in which he interviewed prominent figures of Bolivian political and cultural life. His popular appeal led former president Gonzalo Sánchez ... [...More Info...]       [...Related Items...]     OR:     [Wikipedia]   [Google]   [Baidu]   |
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Candidate
A candidate, or nominee, is a prospective recipient of an award or honor, or a person seeking or being considered for some kind of position. For example, one can be a candidate for membership in a group (sociology), group or election to an official, office, in which case a Preselection, candidate selection occurs. "Nomination" is part of the process of selecting a candidate for either election to an office by a political party,''Judicial and Statutory Definitions of Words and Phrases,'' Volume 1, Edition 2, West Publishing Company, 1914p. 588 or the bestowing of an honor or award. This person is called a "nominee", though "nominee" is often used interchangeably with "candidate". A presumptive nominee is a person or organization whose nomination is considered inevitable or highly likely. The phenomenon of being a candidate in a race for either a party nomination or for electoral office is called "candidacy". The term "presumptive candidate" may be used to describe someone who is p ... [...More Info...]       [...Related Items...]     OR:     [Wikipedia]   [Google]   [Baidu]   |
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Electoral Fraud
Electoral fraud, sometimes referred to as election manipulation, voter fraud, or vote rigging, involves illegal interference with the process of an election, either by increasing the vote share of a favored candidate, depressing the vote share of rival candidates, or both. It differs from but often goes hand-in-hand with voter suppression. What exactly constitutes electoral fraud varies from country to country, though the goal is often election subversion. Electoral legislation outlaws many kinds of election fraud, * also at but other practices violate general laws, such as those banning assault, harassment or libel. Although technically the term "electoral fraud" covers only those acts which are illegal, the term is sometimes used to describe acts which are legal, but considered morally unacceptable, outside the spirit of an election or in violation of the principles of democracy. Show elections, featuring only one candidate, are sometimes classified as electoral fraud, a ... [...More Info...]       [...Related Items...]     OR:     [Wikipedia]   [Google]   [Baidu]   |
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2019 Bolivian Political Crisis
The 2019 Bolivian political crisis was a period of intense political upheaval and unrest in Bolivia that followed the disputed 2019 Bolivian general election, in which incumbent President Evo Morales was initially declared the winner. Morales had run for a controversial fourth term despite having recently lost a constitutional referendum to remove presidential term limits. His bid for reelection was enabled after the Supreme Court then struck down the term limits. The election and the results were heavily contested, with protests occurring across the country as the opposition and many sectors of society alleged that the vote count was manipulated to favor Morales. Suspicions of fraud were first sparked by a sudden an unexplained 24-hour long halt in the vote count in the hours following the election. Morales then initially declared victory, but in the face of growing protests eventually proposed holding a runoff election. However, the military and the police of Bolivia, alo ... [...More Info...]       [...Related Items...]     OR:     [Wikipedia]   [Google]   [Baidu]   |
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2019 Bolivian Protests
The 2019 Bolivian protests, also known as the Pitita Revolution (), were protests and marches from 21 October 2019 until late November of that year in Bolivia, in response to claims of electoral fraud in the 2019 general election of 20 October. After 11 November 2019, there were protests by supporters of the outgoing government in response to Jeanine Áñez becoming the acting president of Bolivia. The claims of fraud were made after the suspension of the preliminary vote count, in which incumbent Evo Morales was not leading by a large enough margin (10%) to avoid a runoff, and the subsequent publication of the official count, in which Morales won by just over 10%. Some international observers expressed concern over the integrity of the elections. While the majority of the demonstrations were peaceful, there were also numerous acts of violence. Initial violence allegedly targeted opposition protesters. Pro-MAS supporters were bused into opposition areas, given weapons, and wer ... [...More Info...]       [...Related Items...]     OR:     [Wikipedia]   [Google]   [Baidu]   |