Sat. Jan 29th, 2022

Bolivia’s President Luis Arce has announced the repeal of a controversial law that sparked large public demonstrations and a voluntary economic shutdown since Nov. 8. On paper, the law targets illicit earnings and the financing of terrorism by allowing the government access to people’s private bank information and also grants the president the ability to rule by decree. It was very unpopular and was nicknamed the “communist law” by locals and led to a nationwide strike. On the evening of Nov. 13, Arce announced he would be revoking the law. The previous day, thousands of demonstrators marched through the streets of Sucre to the chants of “this is Bolivia, not Venezuela,” pledging to block all transportation routes in the department capital and adding pressure to the existing economic shutdowns seen in the cities of Santa Cruz, Potosi, La Paz, Oruro, and Cochabamba. “This is what socialism tries to do. They want to take …

Author: Autumn Spredemann
Source: https://www.theepochtimes.com/bolivians-defeat-communist-law-with-protests-and-economic-shutdown_4104965.html

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