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Catavi
Catavi is a tin mine in Bolivia, near the city of Llallagua in the province of Bustillos, Potosí Department. Along with the Siglo XX mine, it is part of a mining complex in the area. Apart from the Catavi-Siglo XX mining complex; it refers as well to a residential area, to a mill processing ore and to an administrative office of the ''Corporación Minera de Bolivia'' (COMIBOL). History It was acquired in the 1900s by Simón Iturri Patiño, who was dubbed the "King of Tin." It was the site of continual labor strife, and many of its workers were active in the Union Federation of Bolivian Mine Workers (FSTMB). The mining camp kept the largely indigenous workforce in rigidly segregated conditions, away from the American managerial staff; housing, water supplies, shops, transport, entertainment, and bathrooms were all segregated."En los campamentos de Siglo XX y Catavi se generó un modelo más próximo al ''apharteid'' que a la cuasi natural diferenciación económica y social entre b ...
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Siglo XX Mine
Siglo XX (Spanish for "Twentieth Century") is a tin mine in Bolivia. It is located in the city of Llallagua in the province of Bustillos, Potosí Department. Along with the Catavi mine, it is part of a mining complex in the area. It was acquired in the 1910s by Simón Iturri Patiño, who was dubbed the "King of Tin." It was the site of continual labor strife, and many of its workers were active in the Union Federation of Bolivian Mine Workers (FSTMB). The mine was nationalized following the Bolivian National Revolution of 1952, when the Revolutionary Nationalist Movement (MNR) and its allies overthrew the military junta. Siglo XX and other mines were placed under the control of a new state agency, the ''Corporación Minera de Bolivia'' (COMIBOL). The Catavi-Siglo XX complex became the largest component of COMIBOL. On 24 June 1967, government troops under the orders of President René Barrientos and a new military junta marched on the mine and committed the largest massacre of ...
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San Juan Massacre
The San Juan massacre is the name given to an attack by the Bolivian military on miners of the Siglo XX- Catavi tin mining complex in Bolivia. The attack occurred on 24 June 1967, in the early hours of the traditional festival of the Night of San Juan which is a winter solstice festival in the Southern Hemisphere. The army was acting under the orders of President René Barrientos. Background President René Barrientos believed that the start of a new guerrilla resistance to his dictatorship was brewing among the mining communities, inspired by Che Guevara's small force which was operating in Bolivia at the time. The ambush was planned to crush any attempt to organise resistance among the miners. The miners union the FSTMB had called for an enlarged national meeting for the day after the Night of San Juan in the miner's settlement of Llallagua XX. Footage from a British Pathé newsreel showed there was indeed tension in the area, with miners even starting a strike. On 17 Jun ...
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Simón Iturri Patiño
Simón Iturri Patiño (1 June 1862 – 20 April 1947) was a Bolivian industrialist who was among the world's wealthiest people at the time of his death. With a fortune built from ownership of a majority of the tin industry in Bolivia, Patiño was nicknamed "The Andean Rockefeller". During World War II, Patiño was believed to be one of the five wealthiest men in the world. Biography Patiño's biographers are not in agreement on the details of his early life. Many wrote that he was a cholo, with a mixed Quechua and Spanish heritage, and born to a poor mother, while his authorized biography holds that he was solely of European ancestry, and the son of a provincial leader. He was actually the illegitimate son of Eugénio Iturri, a Basque, and María Patiño, from Cochabamba. Before entering the mining industry, he either managed a store in Oruro, or spent years in private schools. Eventually, Patiño started in mining with Compañía Hunanchaca de Bolivia, a silver compan ...
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Mining
Mining is the extraction of valuable minerals or other geological materials from the Earth, usually from an ore body, lode, vein, seam, reef, or placer deposit. The exploitation of these deposits for raw material is based on the economic viability of investing in the equipment, labor, and energy required to extract, refine and transport the materials found at the mine to manufacturers who can use the material. Ores recovered by mining include metals, coal, oil shale, gemstones, limestone, chalk, dimension stone, rock salt, potash, gravel, and clay. Mining is required to obtain most materials that cannot be grown through agricultural processes, or feasibly created artificially in a laboratory or factory. Mining in a wider sense includes extraction of any non-renewable resource such as petroleum, natural gas, or even water. Modern mining processes involve prospecting for ore bodies, analysis of the profit potential of a proposed mine, extraction of the desire ...
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Military Dictatorship
A military dictatorship is a dictatorship in which the military exerts complete or substantial control over political authority, and the dictator is often a high-ranked military officer. The reverse situation is to have civilian control of the military. Creation and evolution Most military dictatorships are formed after a ''coup d'état'' has overthrown the previous government. There have been cases, however, where the civilian government had been formally maintained but the military exercises ''de facto'' control—the civilian government is either bypassed or forced to comply with the military's wishes. For example, from 1916 until the end of World War I, the German Empire was governed as an effective military dictatorship, because its leading generals had gained such a level of control over Kaiser Wilhelm II that the Chancellor and other civilian ministers effectively served at their pleasure. Alternatively, the Empire of Japan after 1931 never in any formal way drastical ...
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Economic History Of Bolivia
The economy of Bolivia is the 95th-largest economy in the world in nominal terms and the 87th-largest economy in terms of purchasing power parity. Bolivia is classified by the World Bank to be a lower middle income country. With a Human Development Index of 0.703, it is ranked 114th (high human development). In recent history, Bolivia has consistently led Latin America in measures of economic growth, fiscal stability and foreign reserves. The Bolivian economy has had a historic pattern of a single-commodity focus. From silver to tin to coca, Bolivia has enjoyed only occasional periods of economic diversification. Political instability and difficult topography have constrained efforts to modernize the agricultural sector. Similarly, relatively low population growth coupled with low life expectancy has kept the labor supply in flux and prevented industries from flourishing. Rampant inflation and corruption previously created development challenges, but in the early twenty-first cen ...
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World Bank Group
The World Bank Group (WBG) is a family of five international organizations that make leveraged loans to developing countries. It is the largest and best-known development bank in the world and an observer at the United Nations Development Group. The bank is headquartered in Washington, D.C. in the United States. It provided around $98.83 billion in loans and assistance to "developing" and transition countries in the 2021 fiscal year. The bank's stated mission is to achieve the twin goals of ending extreme poverty and building shared prosperity.The World Bank, Press release: "World Bank Group Commitments Rise Sharply in FY14 Amid Organizational Change"July 1 2014, http://www.worldbank.org/en/news/press-release/2014/07/01/world-bank-group-commitments-rise-sharply-in-fy14-amid-organizational-change/ref> Total lending as of 2015 for the last 10 years through Development Policy Financing was approximately $117 billion. Its five organizations are the International Bank for Reconst ...
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International Monetary Fund
The International Monetary Fund (IMF) is a major financial agency of the United Nations, and an international financial institution, headquartered in Washington, D.C., consisting of 190 countries. Its stated mission is "working to foster global monetary cooperation, secure financial stability, facilitate international trade, promote high employment and sustainable economic growth, and reduce poverty around the world." Formed in 1944, started on 27 December 1945, at the Bretton Woods Conference primarily by the ideas of Harry Dexter White and John Maynard Keynes, it came into formal existence in 1945 with 29 member countries and the goal of reconstructing the international monetary system. It now plays a central role in the management of balance of payments difficulties and international financial crises. Countries contribute funds to a pool through a quota system from which countries experiencing balance of payments problems can borrow money. , the fund had XDR 477 billi ...
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René Barrientos
René Barrientos Ortuño (30 May 1919 – 27 April 1969) was a Bolivian military officer and politician who served as the 47th president of Bolivia twice nonconsecutively from 1964 to 1966 and from 1966 to 1969. During much of his first term, he shared power as co-president with Alfredo Ovando from 1965 to 1966 and prior to that served as the 30th vice president of Bolivia in 1964. General Barrientos came to power after the 1964 Bolivian coup d'état which overthrew the government of President Victor Paz Estenssoro. During his three-year rule, Barrientos and the army suppressed leftist opposition to his regime, including a guerrilla group led by Che Guevara in 1967. Early years Barrientos was a native of Tarata, department of Cochabamba. His father was of Spanish ancestry while his mother was Quechua. After his father died when he was a child, Barrientos was sent to a Franciscan orphanage. He left the orphanage at 12 and attended a private high school while working odd ...
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Nationalization
Nationalization (nationalisation in British English) is the process of transforming privately-owned assets into public assets by bringing them under the public ownership of a national government or state. Nationalization usually refers to private assets or to assets owned by lower levels of government (such as municipalities) being transferred to the state. Nationalization contrasts with privatization and with demutualization. When previously nationalized assets are privatized and subsequently returned to public ownership at a later stage, they are said to have undergone renationalization. Industries often subject to nationalization include the commanding heights of the economy – telecommunications, electric power, fossil fuels, railways, airlines, iron ore, media, postal services, banks, and water – though, in many jurisdictions, many such entities have no history of private ownership. Nationalization may occur with or without financial compensation to the former ...
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Revolutionary Nationalist Movement
The Revolutionary Nationalist Movement ( es, Movimiento Nacionalista Revolucionario , MNR) is a centre-right conservative political party in Bolivia and was the leading force behind the Bolivian National Revolution from 1952 to 1964. It influenced much of the country's history since 1941. Origins The Revolutionary Nationalist Movement was begun in 1941 by future presidents Víctor Paz Estenssoro and Hernán Siles Zuazo. It soon attracted some of the brightest members of the Bolivian intelligentsia. Among the party's most prominent supporters were Humberto Guzmán Fricke, Juan Lechín, Carlos Montenegro, Walter Guevara Arze, Javier del Granado, Augusto Céspedes, Lydia Gueiler, Guillermo Bedregal, and Gonzalo Sánchez de Lozada, a number of whom later became presidents of Bolivia. At the time of its establishment it was a leftist/reformist party, along the lines of similar Latin American parties such as the Dominican Revolutionary Party, Democratic Action in Venezuela, ...
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