
Polls in Bolivia open for national elections that could empower the right wing
Among voters, there is desperation for change as Bolivia undergoes its worst economic crisis in four decades. But there's also trepidation. The right-wing candidates who served in past neoliberal governments before the era of iconic leftist ex-President Evo Morales (2006-2019) have pledged harsh austerity measures.
Morales, barred from running in Sunday's vote, has called on his supporters to invalidate their ballots, hoping that enough null votes will allow him to declare the election illegitimate.
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36 minutes ago
Bolivia elections expected to empower the right for first time in decades
LA PAZ, Bolivia -- After a lackluster campaign overshadowed by a looming economic collapse, Bolivians voted on Sunday for a new president and parliament in elections that could see a right-wing government elected for the first time in over two decades. The vote, which could spell the end of the Andean nation's long-dominant leftist party, is one of the most consequential for Bolivia in recent times — and one of the most unpredictable. In the run-up to Sunday, a remarkable 30% or so of voters remained undecided. Polls showed the two leading right-wing candidates, multimillionaire business owner Samuel Doria Medina and former President Jorge Fernando 'Tuto' Quiroga, locked in a virtual dead heat. Voting is mandatory in Bolivia, where some 7.9 million Bolivians are eligible to vote. 'I have rarely, if ever, seen a situational tinderbox with as many sparks ready to ignite,' said Daniel Lansberg-Rodriguez, founding partner of Aurora Macro Strategies, a New York-based advisory firm. The election is being closely watched across Latin America for its potential impact on the economic fate and political stability of this long-restive, resource-rich nation. It also marks a watershed moment for the Movement Toward Socialism, or MAS, party, whose founder, charismatic ex-President Evo Morales, rose to power as part of the 'pink tide' of leftist leaders that swept into office across Latin America during the commodities boom of the early 2000s. Now shattered by infighting, the party is fighting for its survival in Sunday's elections. The outcome will determine whether Bolivia — a nation of about 12 million people with the largest lithium reserves on Earth and crucial deposits of rare earth minerals — follows a growing trend in Latin America, where right-wing leaders like Argentina's libertarian Javier Milei, Ecuador's strongman Daniel Noboa and El Salvador's conservative populist Nayib Bukele have surged in popularity. A right-wing government in Bolivia could trigger a major geopolitical realignment for a country now allied with Venezuela's socialist-inspired government and world powers such as China, Russia and Iran. The somber mood of the election was clear as voting kicked off at polling stations in downtown La Paz, Bolivia's capital, and a steady stream of voters began to trickle in. Bolivians waiting to vote at three different high schools across the city expressed confused, cynical and bitter emotions, fed by an annual inflation rate of more than 16% last month (compared to 2% less than two years ago), a scarcity of fuel and absence of hope for swift improvement. Several said they were voting for 'el menos peor,' the lesser evil. The right-wing opposition candidates bill the race as a chance to chart a new destiny for Bolivia. But both front-runners, Doria Medina and Quiroga, have served in past neoliberal governments and run for president three times before — losing at least twice to Morales. 'People were waiting for a new, popular candidate, and in this, the opposition failed us,' said Ronaldo Olorio, a farmer from the coca-growing Yungas region who once identified as a fervent Morales supporter. 'My vote is one of anger, of discontent. I don't like Doria Medina or Quiroga. But I have to vote for one of the two.' Doria Medina and Quiroga have praised the Trump administration and vowed to restore ties with the United States — ruptured in 2008 when Morales expelled the American ambassador. They also have expressed interest in doing business with Israel, which has no diplomatic relations with Bolivia, and called for foreign private companies to invest in the country and develop its rich natural resources. After storming to office in 2006, Morales, Bolivia's first Indigenous president, nationalized the nation's oil and gas industry, using the lush profits to reduce poverty, expand infrastructure and improve the lives of the rural poor. After three consecutive presidential terms, as well as a contentious bid for an unprecedented fourth in 2019 that set off popular unrest and led to his ouster, Morales has been barred from this race by Bolivia's constitutional court. His ally-turned-rival, President Luis Arce, withdrew his candidacy for the MAS on account of his plummeting popularity and nominated his senior minister, Eduardo del Castillo. As the party splintered, Andrónico Rodríguez, the 36-year-old president of the Senate who hails from the same union of coca farmers as Morales, launched his bid. Rather than back the candidate widely considered his heir, Morales, holed up in his tropical stronghold of Chapare and evading an arrest warrant on charges related to his relationship with a 15-year-old girl, has urged his supporters to deface their ballots or leave them blank. Dozens of coca-growing union activists formed a human chain around Morales to protect him from arrest as he cast his null-and-void ballot in Chapare, in central Bolivia. A large wreath of coca leaves hung around his neck. He flashed a rare smile as he left the polling station, shaking hands with supporters who showered him in white confetti. "I'm convinced that if there's no fraud, the null vote will win," he told reporters after voting. Whoever wins faces daunting challenges. Doria Medina and Quiroga have warned of the need for a painful fiscal adjustment, including the elimination of Bolivia's generous food and fuel subsidies, to save the nation from insolvency. Some analysts caution this risks sparking social unrest. 'A victory for either right-wing candidate could have grave repercussions for Bolivia's Indigenous and impoverished communities,' said Kathryn Ledebur, director of the Andean Information Network, a Bolivian research group. 'Both candidates could bolster security forces and right-wing para-state groups, paving the way for violent crackdowns on protests expected to erupt over the foreign exploitation of lithium and drastic austerity measures.' If, as is widely expected, no presidential candidate receives more than 50% of the vote, or 40% of the vote with a lead of 10 percentage points, the top two candidates will compete in a runoff on Oct. 19 for the first time since Bolivia's 1982 return to democracy. All 130 seats in Bolivia's Chamber of Deputies, the lower house of Parliament, are also up for grabs, along with 36 in the Senate, the upper house.
Yahoo
5 hours ago
- Yahoo
Two Decades of Socialist Rule May End as Bolivians Start Voting
(Bloomberg) -- Bolivians are voting in presidential and congressional elections that may end years of socialist rule and herald warmer relations with Washington. The US-Canadian Road Safety Gap Is Getting Wider Festivals and Parades Are Canceled Amid US Immigration Anxiety A Photographer's Pipe Dream: Capturing New York's Vast Water System Princeton Plans New Budget Cuts as Pressure From Trump Builds A London Apartment Tower With Echoes of Victorian Rail and Ancient Rome The election takes place amid unrest, shortages and the steepest inflation in more than three decades. The economic crisis has undermined support for the ruling MAS party, which has held power almost without interruption since 2006. Two pro-business candidates are battling for the upper hand in a field of eight presidential aspirants. Samuel Doria Medina made a fortune in cement, then invested in fast food chains such as Burger King and Subway. Jorge Tuto Quiroga served as president in 2001-2002 when President Hugo Bánzer Suárez stepped down due to ill health. Both candidates say they would cut spending and seek international loans to inject capital into the economy. Both also would seek foreign investment in oil and gas exploration and in lithium production — Bolivia is home to the world's largest deposits of the metal. The highest-profile leftist candidate is former senate chief Andrónico Rodríguez. A socialist, Rodríguez has distanced himself from both the current president, Luis Arce, and former President Evo Morales, whose feud split the ruling party. Arce opted not to run for a second term. Polls are open from 8 a.m. to 5 p.m. and preliminary results are expected Sunday evening. Under Bolivian election rules, a candidate can win in the first round with just 40% of the vote, provided there's a margin of more than ten percentage points over the runner-up. If no one wins in the first round, there'll be a runoff on Oct. 19. The new president will be sworn in on Nov. 8. The economy has been struggling for a decade amid declining natural gas production and dwindling central bank dollar reserves. Bolivia's dollar bonds have been among the top performers in emerging markets this year, on optimism that the election will herald a government able to unlock international loans and implement economic reforms. Under Morales and Arce, Bolivia had close links with Venezuela, Nicaragua, Russia and China but often had sour relations with Washington. What Declining Cardboard Box Sales Tell Us About the US Economy Americans Are Getting Priced Out of Homeownership at Record Rates How Syrian Immigrants Are Boosting Germany's Economy Bessent on Tariffs, Deficits and Embracing Trump's Economic Plan Dubai's Housing Boom Is Stoking Fears of Another Crash ©2025 Bloomberg L.P.


Associated Press
5 hours ago
- Associated Press
Polls in Bolivia open for national elections that could empower the right wing
LA PAZ, Bolivia (AP) — Polls in Bolivia opened on Sunday for presidential and congressional elections that could bring the right wing to power for the first time in decades and mark a watershed moment for South America's only Indigenous-majority nation and its leftist, state-directed economic model. Among voters, there is desperation for change as Bolivia undergoes its worst economic crisis in four decades. But there's also trepidation. The right-wing candidates who served in past neoliberal governments before the era of iconic leftist ex-President Evo Morales (2006-2019) have pledged harsh austerity measures. Morales, barred from running in Sunday's vote, has called on his supporters to invalidate their ballots, hoping that enough null votes will allow him to declare the election illegitimate.