BossuTv Logo

 Bolivia Elects New President to Tackle Worst Economic Crisis

Article arrow_drop_down

Bolivians have elected center-right economist Rodrigo Paz as their new president to lead the country through its worst economic crisis in 40 years.

Paz, who will take office on November 8, faces major challenges, including 23% inflation, a severe shortage of US dollars, and chronic fuel shortages. His plan involves slashing public spending and moving away from two decades of socialist policies.

However, economists warn that these tough measures could risk triggering social unrest in a country that remains deeply divided. The new president will also have to navigate a fragmented parliament, where his party lacks an outright majority, forcing him to build consensus to govern effectively.

Despite being barred from the election, former socialist president Evo Morales remains a influential and potentially destabilizing figure. His supporters have warned they will mobilize against the new government if it fails to deliver on its promises.

About the author

trending_flat
Nicki Minaj: Music industry is a spiritual experience, not just entertainment

Nicki Minaj has revealed that she has reignited her relationship with God and is prioritizing her spiritual life once again, describing the music industry as a spiritual experience rather than just entertainment. Speaking publicly during a recent appearance, the global music superstar said she was raised in church and baptized at age 13, but the pressures and pace of the music industry gradually pulled her away from regular spiritual practice. Nicki Minaj described her renewed faith as reconnecting with a long-lost best friend, explaining that returning to prayer and intentional dependence on God has brought renewed clarity and grounding. She emphasized that seeking God's approval now outweighs public opinion or industry expectations. Nicki Minaj encouraged young people to turn to God for guidance, strength, and purpose, saying seeking divine approval is more important than industry demands. Reflecting on the distance […]

trending_flat
Trump says Russia should make a deal with Ukraine to end war

US President Donald Trump has said that Russian President Vladimir Putin and Ukrainian President Volodymyr Zelensky are both open to "do something" about the ongoing war in Ukraine, raising fresh questions about possible diplomatic efforts to reduce tensions and advance negotiations. Trump's remarks come as international attention remains focused on prospects for a ceasefire, peace talks, and broader efforts to bring an end to the conflict. While no specific framework or proposal was outlined, the comments have sparked discussion among political observers and foreign policy experts about whether renewed diplomatic momentum could emerge. Trump told reporters that his attention is turning back to Russia and Ukraine after concluding a short-term deal with Iran, and he said the focus will now be on Russia's war in Ukraine. The President's comments suggest both leaders may be willing to pursue a peace agreement, […]

trending_flat
UN: Africa urgently needs more fish farms to meet rising demand

The United Nations has urged Africa to urgently invest in more fish farms to meet rising demand for aquatic foods, especially as population growth and urbanization continue to increase the need for fish across the continent. According to UN sources, demand for fish is rising due to greater awareness of the health benefits of fish, alongside pressure from declining natural fish stocks and warmer water temperatures that are reducing wild catches. The push for aquaculture development is part of a broader strategy to improve food security and support sustainable economic growth in African countries. Experts say that without expanded fish farming, Africa could face growing supply gaps as wild fisheries become less able to meet consumer needs.

trending_flat
Court orders INEC to deregister ADC, Accord, AA, APP, and ZLP

The Federal High Court in Abuja has ordered the Independent National Electoral Commission (INEC) to deregister five political parties: the African Democratic Congress (ADC), Action Peoples Party (APP), Action Alliance (AA), Accord Party (AP), and Zenith Labour Party (ZLP). Justice Peter Lifu delivered the judgement on Monday, ruling that the parties persistently failed to meet the electoral performance thresholds set in Section 225A of the 1999 Constitution (as amended). The suit was filed by the National Forum of Former Legislators at the Federal High Court in Abuja, seeking to compel INEC to deregister parties that do not comply with constitutional requirements under the Electoral Act 2022 and INEC regulations. Among its reliefs, the plaintiff asked the court to declare that INEC has a constitutional duty to deregister parties failing to meet electoral thresholds. The forum also urged the court to […]

trending_flat
Dangote Refinery slashes petrol price by N75/litre to N1,175

Dangote Petroleum Refinery has reduced the gantry price of Premium Motor Spirit (petrol) by N75 per litre, bringing the new rate to N1,175 per litre from the previous N1,250. In a circular sent to fuel marketers on Monday, the refinery said the adjustment follows the de-escalation of tensions in the Middle East, which had affected energy prices over the past three months. The refinery also lowered its coastal price per metric tonne from N1,595,790 to N1,495,215. Both the new gantry and coastal rates will take effect from midnight on June 16, 2026. The circular noted that all outstanding unloaded gantry volumes will be repriced at the new rate effective 12:00 AM on June 16. According to Petroleumprice.ng, Dangote Refinery is now the cheapest source of petrol in Nigeria, as many marketers sold petrol at around N1,240 per litre on Monday. […]

trending_flat
Gunmen attack NIPSS in Plateau and kill three security operatives

Gunmen attack NIPSS in Plateau and kill three security operatives Gunmen attacked the National Institute for Political Leadership and Security (NIPSS) in Plateau State on June 16 2026 and killed three security operatives. The attack happened during daylight and left the institute in shock. A staff member at the institute confirmed that three security personnel died in the attack. The victims included two soldiers and one police officer who were on duty protecting the facility. Their names have not been released yet as authorities are still gathering information. Security teams quickly responded to the scene and chased away the gunmen. The area is now under heavy security as investigators work to find out who carried out the attack and why. Local residents reported hearing multiple gunshots before the attackers fled. NIPSS is a key training center for political leaders and […]

Related

trending_flat
Trump says Russia should make a deal with Ukraine to end war

US President Donald Trump has said that Russian President Vladimir Putin and Ukrainian President Volodymyr Zelensky are both open to "do something" about the ongoing war in Ukraine, raising fresh questions about possible diplomatic efforts to reduce tensions and advance negotiations. Trump's remarks come as international attention remains focused on prospects for a ceasefire, peace talks, and broader efforts to bring an end to the conflict. While no specific framework or proposal was outlined, the comments have sparked discussion among political observers and foreign policy experts about whether renewed diplomatic momentum could emerge. Trump told reporters that his attention is turning back to Russia and Ukraine after concluding a short-term deal with Iran, and he said the focus will now be on Russia's war in Ukraine. The President's comments suggest both leaders may be willing to pursue a peace agreement, […]

trending_flat
Norway Crown Princess’s Son Jailed for Rape

Marius Borg Høiby, the son of Norway's Crown Princess Mette-Marit, has been sentenced to four years in prison after being convicted on two counts of rape and several other criminal offences by the Oslo District Court. The 29-year-old was cleared of two additional rape charges but found guilty of multiple offences involving violence, abuse and reckless conduct. Høiby attended the verdict hearing via video link due to health-related reasons and was not physically present in the courtroom. Prosecutors had sought a prison sentence of seven years and seven months, while the defense argued for a significantly shorter term of 18 months. His legal team has indicated that an appeal is likely. The case has attracted widespread attention in Norway because of Høiby's close connection to the royal family. Although he holds no royal title, he was raised alongside members of […]

trending_flat
Russian Strikes Damage Kyiv Cathedral, Kill 11

At least 11 people have lost their lives following a series of Russian missile and drone strikes across Ukraine, including attacks that caused significant damage to Kyiv's historic Dormition Cathedral, according to Ukrainian President Volodymyr Zelensky. Four fatalities were reported in Kyiv after residential areas came under attack, while five emergency responders were killed in the northeastern city of Kharkiv while battling a blaze triggered by a strike. Ukrainian authorities said dozens of others were injured nationwide. The Dormition Cathedral, a landmark dating back to the 11th century and part of the Kyiv-Pechersk Lavra monastery complex, suffered extensive damage during the overnight assault. Zelensky described the attack as a serious blow to Ukraine's religious and cultural heritage. Images from the site showed a large breach in one section of the cathedral, with parts of the roof destroyed by fire. The […]

trending_flat
US-Iran Deal May Ease Global Economic Pressure

More than three months after the conflict involving the United States, Israel and Iran began, Washington and Tehran have reached a framework agreement aimed at reducing tensions and laying the groundwork for a longer-term resolution. A key component of the agreement is the planned reopening of the Strait of Hormuz, one of the world's most important maritime trade routes. The waterway normally handles nearly 20% of global oil and liquefied natural gas shipments, making it critical to international energy markets. The disruption of traffic through the strait since late February triggered sharp increases in global energy prices and raised concerns about supply shortages. While the new agreement has been welcomed by markets, shipping activity in the region remains limited, highlighting the challenges involved in restoring normal operations. Industry experts caution that a full recovery will take time. Hundreds of vessels […]

trending_flat
Israel says it won’t withdraw troops from Lebanon, Syria, Gaza

Israel's Defense Minister Israel Katz has declared that Israeli troops will remain indefinitely in "security zones" in the Gaza Strip, Lebanon and Syria, marking a major policy shift in the country's military approach to border security. Katz emphasized that unlike previous instances, the Israeli military is not retreating from areas that have been cleared and taken, stating that troops will remain in the security zones acting as a buffer between adversaries and Israeli communities "regardless of whether the situation in Gaza is temporary or permanent" – similar to the approach in Lebanon and Syria. The defense minister's announcement comes after Israel unilaterally expanded its frontiers in the war unleashed by Hamas' October 7, 2023 attack, and the military strengthens its control over various occupied regions. Israel says it must maintain control of what it refers to as security zones to […]

trending_flat
US-Iran set to sign peace deal Friday

A major breakthrough in Middle East diplomacy has been achieved as the United States and Iran have reached a peace deal, with the formal signing ceremony scheduled for Friday, June 19, in Switzerland. The agreement, which came after over 100 days of conflict that ignited a worldwide energy crisis and cast a shadow over the global economic landscape, is expected to mark the end of months of military tensions and pave the way for reopening the strategically crucial Strait of Hormuz. Pakistan's Prime Minister Shehbaz Sharif announced that the peace deal will be officially signed in Switzerland on Friday, June 19, with both sides working toward electronic signing preparations. US and Iranian officials confirmed on Sunday that they have agreed on a framework to end months of war, reopen the Strait of Hormuz, and lift the US blockade on Iran. […]

Login to enjoy full advantages

Please login or subscribe to continue.

Go Premium!

Enjoy the full advantage of the premium access.

Stop following

Unfollow Cancel

Cancel subscription

Are you sure you want to cancel your subscription? You will lose your Premium access and stored playlists.

Go back Confirm cancellation