Pro-business conservative Rodrigo Paz was sworn in as Bolivia’s new president on Saturday (November 8), ushering a new era after nearly 20 years of one-party rule. As he took office, Paz vowed that Bolivia would open up to the world after two decades of leftist rule that many blame for the country's economic ills.
Breakdown
- Rodrigo Paz was inaugurated as Bolivia’s president, ending nearly 20 years of socialist leadership. 4s
- Paz pledged to increase international cooperation and restore ambassadorial relations with the United States. 14s
- Bolivia is currently facing its worst economic crisis in 40 years, with inflation over 20 percent and shortages. 1m 0s
- Paz criticized previous leftist policies and called for 'capitalism for everyone' to improve economic opportunities. 1m 10s
- The inauguration was attended by delegations from more than 70 countries, including several South American presidents. 1m 31s