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Bolivia is named after Simón Bolívar, a Venezuelan leader in the Spanish American wars of independence. [22] The leader of Venezuela, Antonio José de Sucre, had been given the option by Bolívar to either unify Charcas (present-day Bolivia) with the newly formed Republic of Peru, to unify with the United Provinces of the Río de la Plata, or to formally declare its independence from Spain ...
Luis Alberto Arce Catacora [b] (Latin American Spanish: [ˈlwis alˈβeɾto ˈaɾse kataˈkoɾa]; born 28 September 1963), often referred to as Lucho, is a Bolivian banker, economist, and politician serving as the 67th president of Bolivia since 2020.
The president of Bolivia is the head of state and head of government of Bolivia, directly elected to a five-year term by the Bolivian people. The officeholder leads the executive branch of the government and is the captain general of the Armed Forces of Bolivia. Since the office was established in 1825, 65 men and 2 women have served as president.
As president, Arce has struggled to manage a U.S. dollar shortage that has strained the economy and led credit-ratings agencies to downgrade Bolivia's debt to "junk" status.
The president of Bolivia, who was the target of an attempted coup on Wednesday night, is a 60-year-old leftist whom many see as an opponent of Washington-backed free-market and neoliberal policies.
Lidia Gueiler Tejada became the first female president of Bolivia (second in the history of the Americas) on 16 November 1979 following a brief coup by Alberto Natusch. Jeanine Añez was the second and most recent female president from 12 November 2019 to 8 November 2020.
With a turnout of 84.5%, the election saw Morales gain 53.7% of the vote, while Quiroga came second with 28.6%; Morales' was the first victory with an absolute majority in Bolivia for 40 years [97] and the highest national vote percentage of any presidential candidate in Latin American history. [98]
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