BOLIVIA: PRESIDENT EVO MORALES NATIONALIZES NATURAL GAS RESOURCES.

The Bolivian government nationalized its large natural-gas reserves on May 1, fulfilling one of the key campaign promises of President Evo Morales and surprising international investors who had been anticipating a more moderate policy. In Brazil and Spain, where the principal companies invested in Bolivia's gas sector are headquartered, there was considerable alarm regarding Morales' move, but proponents of popular control of natural resources around the world celebrated it.

Morales ordered soldiers to immediately occupy Bolivia's natural-gas fields May 1, Internationa