Bolivia Confirms Vinto Nationalization

Bolivia’s president, Evo Morales, has ratified a decision announced earlier this month to repossess the Vinto tin foundry, owned by natural resources group Glencore. According to the government, the assets were sold illegally by the government under former president Gonzalo Sánchez de Lozada. The nationalization of Vinto is part of a wider program announced last year to return mining assets to state control.