True to tradition, President Evo Morales marked International Workers’ Day on 1 May with another nationalisation; this time, his Movimiento al Socialismo (MAS) government took over Bolivia’s electricity transmission company, Transportadora de Electricidad (TDE), seizing control from Red Eléctrica Internacional SAU, a subsidiary of Spain’s Red Eléctrica Española (REE). While in line with Morales’s pledge to strengthen state control over the economy, a fundamental tenet of his 2009 plurinational constitution, the latest nationalisation nonetheless comes amid other efforts by his government to reassure foreign investors.End of preview - This article contains approximately 1376 words.
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