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Southfront — Russia Clarified Its Position Towards Crisis In Bolivia

Summary:
This week Russian Deputy Foreign Minister Sergei Ryabkov said that Russia recognizes the acting president of Bolivia, Senator Janine Agnes as head of state, but only until an election is organized. This decision was made due to the fact that it was she who was to take the place of the interim head of the republic in accordance with the law after the resignation of the leadership. At the same time, the events preceding the change of power in the country, the Russian side regards as a coup. During the November 14 press birefing, a spokesperson for Russia’s Foreign Ministry Maria Zakharova further clarified the position of Russia towards the crisis (source): Russia may be taking a cautious approach in that it is building a nuclear power station in Bolivia and doesn't want to sour the

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This week Russian Deputy Foreign Minister Sergei Ryabkov said that Russia recognizes the acting president of Bolivia, Senator Janine Agnes as head of state, but only until an election is organized. This decision was made due to the fact that it was she who was to take the place of the interim head of the republic in accordance with the law after the resignation of the leadership. At the same time, the events preceding the change of power in the country, the Russian side regards as a coup.
During the November 14 press birefing, a spokesperson for Russia’s Foreign Ministry Maria Zakharova further clarified the position of Russia towards the crisis (source):
Russia may be taking a cautious approach in that it is building a nuclear power station in Bolivia and doesn't want to sour the deal.

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Mike Norman
Mike Norman is an economist and veteran trader whose career has spanned over 30 years on Wall Street. He is a former member and trader on the CME, NYMEX, COMEX and NYFE and he managed money for one of the largest hedge funds and ran a prop trading desk for Credit Suisse.

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