
Billionaire Marcelo Claure on Bolivia's Election
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New York Times
an hour ago
- New York Times
What to Know About Bolivia's Presidential Election
Bolivia is holding a presidential election on Sunday that many analysts expect will end the 20-year dominance of the ruling socialist party, possibly returning the country to the right. The election comes amid an economic crisis, with many voters frustrated with the socialist project that once drew broad support. For two decades, Bolivian politics have been defined by the Movement for Socialism party, known by its Spanish acronym, MAS, led by Evo Morales, a former union leader. Mr. Morales was elected in 2005 as Bolivia's first Indigenous president in a nation long dominated by a wealthy, white elite. But this year, two right-wing politicians — a center-right businessman, Samuel Doria Medina, and a conservative former president, Jorge 'Tuto' Quiroga — are leading the polls. In a crowded field of eight, neither is expected to win a majority of votes, most likely forcing a runoff in October. Here is what to know as Bolivians head to the polls. Why is this election important? This is the first time since 2002 that Mr. Morales or a Morales stand-in will not be on the ballot. Want all of The Times? Subscribe.
Yahoo
an hour ago
- Yahoo
'I Know It's A Radical Idea,' Says Bernie Sanders, 'But We Need A Government That Represents Working Families, Not Billionaires'
Sen. Bernie Sanders (I-VT) is again sounding the alarm on what he sees as a system rigged for the ultra-wealthy and against working Americans. 'The system is just not working for the average American,' Sanders wrote in a recent post on X. 'Not wages, not health care, not housing, not educational opportunity, not retirement security.' He added: 'I know it's a radical idea, but we need a government that represents working families, not the billionaire class.' Don't Miss: The same firms that backed Uber, Venmo and eBay are investing in this pre-IPO company disrupting a $1.8T market — Named a TIME Best Invention and Backed by 5,000+ Users, Kara's Air-to-Water Pod Cuts Plastic and Costs — Calling Out Corporate Power In Red States During a recent CNN interview amid his 'Fighting Oligarchy' tour through Republican strongholds like West Virginia, Sanders said the Democratic Party has failed working-class people and needs to return to its roots. 'This used to be, decades ago, one of the strongest Democratic states in the country,' he said. 'Now it's a strong Republican state, because I think in many ways the Democratic Party has turned its back on what was its base.' He told CNN that economic issues cut across political lines and that many red states are filled with people who want affordable housing, better wages and guaranteed health care. 'They don't want to see tax breaks for billionaires. They don't want to see the rich get richer. They want health care as a human right. They want to raise the minimum wage to a living wage,' Sanders said. Trending: 'Scrolling To UBI' — Deloitte's #1 fastest-growing software company allows users to earn money on their phones. You can He also didn't shy away from criticizing then-Vice President Kamala Harris' failed presidential campaign, saying she was too influenced by wealthy donors. 'She had too many billionaires telling her not to speak up for the working class of this country,' he said. A Broken System That Protects The Powerful Sanders in Jujne warned of a new class of 'uber capitalists' who believe they deserve to rule in a 'Flagrant' podcast. 'There is a new breed of uber capitalists out there who really believe... that they are superior human beings,' he said. He pointed to far-right rhetoric that openly dismisses democracy in favor of elite rule. Sanders said this mindset echoes old ideas of divine entitlement. 'Back in the 19th century... I am the king, God made my family king. Sorry you're starving to death, but that's the way life goes.'He criticized billionaires for hoarding wealth and only choosing to give it away when they are near death, calling it a system that has the resources to solve real problems but refuses to act. 'We are the richest country in the history of the world,' he said. 'And yet 60% of people live paycheck to paycheck.' 'Is it a radical idea that we join every other major country on Earth and guarantee health care for people?' Sanders asked on CNN. 'Is it a radical idea to say that we've got to raise the minimum wage to $17 an hour?' For Sanders, these aren't fringe ideas—they're common sense in much of the developed world. Read Next: Imagn Images Up Next: Transform your trading with Benzinga Edge's one-of-a-kind market trade ideas and tools. Click now to access unique insights that can set you ahead in today's competitive market. Get the latest stock analysis from Benzinga? APPLE (AAPL): Free Stock Analysis Report TESLA (TSLA): Free Stock Analysis Report This article 'I Know It's A Radical Idea,' Says Bernie Sanders, 'But We Need A Government That Represents Working Families, Not Billionaires' originally appeared on © 2025 Benzinga does not provide investment advice. All rights reserved. Error in retrieving data Sign in to access your portfolio Error in retrieving data Error in retrieving data Error in retrieving data Error in retrieving data
Yahoo
an hour ago
- Yahoo
How AI Will Change the Labor Market
From factory floors to trading desks artificial intelligence is transforming how we work. But is it also taking our jobs? Bloomberg's Tom Mackenzie reports. Error in retrieving data Sign in to access your portfolio Error in retrieving data Error in retrieving data Error in retrieving data Error in retrieving data