An armored vehicle and military police form outside the government palace at Plaza Murillo in La Paz, Bolivia, on Wednesday, June 26, 2024. Armored vehicles rammed into the doors of Bolivia's government palace Wednesday as President Luis Arce said the country faced an attempted coup., with protesters streaming into the nation's capital amid a severe economic crisis and as two political titans battle for control of the ruling party.
Arce ordered him to withdraw his soldiers, saying he would not allow the insubordination. Later, he officially removed Zúñiga from his post.until pitching into the abyss with the coronavirus pandemic. But trouble began earlier, in 2014, when commodity prices plunged and the government dipped into its currency reserves to sustain spending. Then it drew on its gold reserves and even sold dollar bonds locally.
With this economic despair as a backdrop, president Arce and former leader Morales have clashed in a political fight that has paralyzed the government’s efforts to deal with it. For example, Morales’ allies in Congress have consistently thwarted Arce’s attempts to take on debt to relieve some of the pressure.and revolutions since its 1825 independence in a repetitive cycle of conflict between political elites in urban areas and disenfranchised by mobilized rural sectors.
Each man has been seeking to galvanize support for himself — and to undermine his erstwhile ally. That political fight has paralyzed government efforts to deal with the deepening economic despair and analysts have been warning
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