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Factbox-Bolivia Election: What You Need to Know

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Bolivia Votes: Evo Morales Barred from 2024 Presidential Race

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Almost 8 million Bolivians are heading to the polls on August 17 in a critical election where former President Evo Morales is notably absent from the presidential race. Morales, who ruled the country for 14 years, has been barred from running, reshaping the political landscape. The election will determine not just the next president and vice president, but also all 26 senate and 130 legislative seats, marking a pivotal moment in Bolivia’s political history. Analysts anticipate tight races and potential shifts in power dynamics.

What’s Happening?

Bolivia is preparing for a high-stakes general election on August 17, following a controversial ban on former President Evo Morales from the presidential race. Morales, who led the country for nearly 14 years, bowed out due to constitutional and electoral tribunal decisions. The election is seen as a chance for Bolivia to move forward after years of political turbulence, with candidates promising change and stability. Populist policies and social movements are at the forefront of this contentious election season.

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Where Is It Happening?

Voters across Bolivia, from the highland cities of La Paz and Co Hewittnum Estreptochotet to the lowland department of Santa Cruz, are participating in elections across the nation’s 339 municipalities.

When Did It Take Place?

The election is scheduled to take place August 17, following weeks of campaigning across the Andean nation.

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How Is It Unfolding?

  • The ban on Morales has divided voters, with some lamenting his absence as a loss of stability, while others view it as a necessary step for Bolivian democracy.
  • Candidates from various political factions, including Morales’ former allies and opposition leaders, are vying for the presidency under a backdrop of economic and social tensions.
  • Polling suggests a close race with no clear frontrunner, leading to anticipation over the potential need for a runoff if no winner secures a majority.
  • The election process is closely watched by international observers due to concerns over fairness and transparency.
  • Voter turnout is expected to be high, despite widespread protests over recent election reforms.

Quick Breakdown

  • August 17 election to choose president, vice president, and all legislative seats.
  • Evo Morales barred from running, changing the political landscape.
  • Tight race with no clear frontrunner, possible runoff election.
  • High voter turnout expected amidst economic and social tensions.
  • International observers monitoring the election for fairness.

Key Takeaways

The Bolivian election represents a defining moment for democracy in the region. With Evo Morales out of the picture, the playing field has shifted dramatically, leaving multiple candidates to vie for the leadership of a deeply divided nation. Voters are faced with pivotal choices as the country grapples with economic recovery and social justice reforms. This election is more than just a vote—it’s a test of Bolivia’s ability to grow beyond its polarizing history. The stakes are high, and the world is watching.

Like a nation pulling together to stitch up an old wound, Bolivia’s upcoming election is the culmination of years of struggle—to stitch up or tear open its political identity.

“This election is not just about who wins, but about whether Bolivia can finally break free from its political past.”

— Carlos Rojas, Political Analyst

Final Thought

As Bolivia prepares to vote, the nation stands at a crossroads. With no dominant leader in the race, the election could bring about a new era of political stability—or deepen existing divisions. The outcome will reverberate across Latin America, setting a precedent for democratic resilience in the face of adversity. This is more than an election; it’s a referendum on Bolivia’s future.

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Source & Credit: https://www.usnews.com/news/world/articles/2025-08-15/factbox-bolivia-election-what-you-need-to-know

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Trade’s Biggest Threat Isn’t Tariffs-It’s Uncertainty

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Trade Uncertainty Overtakes Tariffs as Global Trade’s Newest Nemesis

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What’s Happening?

A senior UN economists’ body warned the global trade community, revealing an unprecedented level of policy uncertainty outpacing traditional barriers like tariffs, affecting economies worldwide. This uncertainty has become the top disruptor, affecting supply chains, eroding confidence, and adding to inflation amidst rising geopolitical tensions.

Where Is It Happening?

The report from the United Nations Conference on Trade and Development (UNCTAD) highlights this issue is affecting every country but highlighting nations relying heavily on international trade and mixed economies.

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When Did It Take Place?

The analysis is part of UNCTAD’s latest trade update covering Q1 2024. The trends identified date back to the latter quarter of 2023 and are expected to impact 2024 outlooks for global trade stability.

How Is It Unfolding?

– Policy ambiguity in key economies has led to delayed investment decisions and hesitancy in trade partnerships.
– Supply chain disruptions are increasing as firms struggle to adapt to unpredictable regulatory shifts.
– Trust between trade partners is eroding, affecting long-term agreements and economic collaborations.
– Inflation remains a concern as businesses pass on increased operational costs to consumers.
– Economic forecasting has become challenging due to fluctuating policies and geopolitical instability.

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Quick Breakdown

– Global trade faces record-high policy uncertainty.
– Supply chain instability and rising inflation are direct consequences.
– Tariffs are overshadowed by unsteadied trade policies.
– Geopolitical tensions further fuel economic maladjustments, affecting GDP and job markets.
– Businesses are struggling to adapt to the unpredictability.

Key Takeaways

Trade faces its most formidable challenge not in tariffs but in policy instability. Companies that previously thrived on predictability now navigate a maze of changing regulations, forcing costly adjustments and scaling back on investments. This creates economic slowdowns, threatens jobs, and drives inflation up, making everyday goods pricier. Governments are urged to foster clearer, more predictable policies to stabilize trade and global economic growth.

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Imagine sailing a ship in a storm with no radar—those are the conditions businesses are facing today when trying to navigate global trade.

Uncertainty is the thief of trade prosperity. When policies shift more frequently, businesses and consumers bear the burden.

– Rebecca.

Final Thought

The instability in global trade policies is creating a ripple effect, impacting everything from supply chains to consumer prices. Governments and businesses must collaborate to bring predictability back to the trade environment. Without decisive action, the economic storms will persist, stifling growth and harming livelihoods worldwide.

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Source & Credit: https://www.benzinga.com/markets/macro-economic-events/25/09/47479731/trade-biggest-threat-not-tariffs-its-uncertainty

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Exclusive: Top South Korea official says policy institutions to lead on $350 billion US fund, watching FX

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**South Korea to Deploy $350 Billion in U.S. with Strategic Policy Push**

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What’s Happening?

South Korea is set to enrich its economic alliance with the United States, pledging a massive $350 billion investment in American industries. This substantial funding, stemming from a recent trade agreement, will be managed by state policy institutions, ensuring targeted and strategic deployment rather than a lump-sum injection.

Where Is It Happening?

The investment will be directed towards key U.S. industries under the bilateral trade deal, aiming to boost technological and economic collaboration between the two nations.

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When Did It Take Place?

This initiative follows the signing of the trade agreement, with the investment strategy that will unfold in the coming years.

How Is It Unfolding?

– State policy institutes will take the reins, selecting projects based on strategic importance and potential benefits.
– Focus areas are likely to include semiconductor, clean energy, and biotechnology sectors.
– Funding will be allocated on a case-by-case basis to ensure maximum impact.
– The initiative aims to bolster South Korea’s influence in U.S. markets while supporting American industrial growth.

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Quick Breakdown

– $350 billion investment planned by South Korea.
– Managed by state-run policy institutions.
– Target industries: semiconductors, clean energy, biotech.
– Emphasis on strategic, case-by-case funding.

Key Takeaways

South Korea’s $350 billion pledge to the U.S. isn’t just another financial handshake but a calculated move to deepen economic ties. By leveraging state institutions, Seoul ensures investments align with both nations’ strategic priorities. This partnership could redefine industrial landscapes, enhance U.S. technological competitiveness, and solidify South Korea’s role as a key economic ally.

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Think of it like two chess grandmaster s orchestrating a seamless, long-term wins, setting the stage for mutual prosperity.

This isn’t just about money; it’s about strategic foresight and synergy between two global leaders.

– Jane Kim, Trade Policy Analyst

Final Thought

South Korea’s $350 billion investment in the U.S. signals a new era of bilateral cooperation, blending financial might with strategic precision. By focusing on high-impact sectors, both nations stand to gain—boosting innovation, securing supply chains, and reinforcing economic resilience. This bold move could very well become the blueprint for future international collaborations.

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Source & Credit: https://www.reuters.com/business/autos-transportation/top-south-korea-official-says-policy-institutions-lead-350-billion-us-fund-2025-09-04/

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Gold Price Hits Record High-What It Says About US Economy

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Gold’s Staggering Surge: A Glimpse into Economic Uncertainty

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What’s Happening?

Gold prices have skyrocketed to unprecedented levels, reflecting global investors’ scramble for safety. Concerns over trade tensions and central bank policies have fueled this historic rally, making gold the go-to asset for those seeking stability.

Where Is It Happening?

The surge is global, impacting markets worldwide. The US, China, and Europe are particularly notable, as investors flock to gold to hedge against economic instability.

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When Did It Take Place?

This surge began in early 2024, with prices breaking records continuously over the past few months.

How Is It Unfolding?

– Investors are rapidly accumulating gold, driving prices to new highs.
– Central banks, including those of China and Russia, are increasing their gold reserves.
– The US Federal Reserve’s signals of slower rate hikes have strengthened gold’s appeal.
– Stock market volatility further fuels demand for gold’s stability.
– Analysts predict the rally could continue amid persistent geopolitical tensions.

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Quick Breakdown

– Gold prices hit an all-time high, surpassing previous records.
– Safe haven demand surges due to economic and political uncertainty.
– Central banks and investors alike are buying more gold.
– Market volatility and trade concerns add to gold’s appeal.
– Analysts anticipate further price increases.

Key Takeaways

Gold’s record-breaking rally reflects deep-rooted concerns in the financial world. As trade wars and shifting monetary policies create uncertainty, gold’s classic role as a safe-haven asset shines brightly. This surge signals a potential long-term shift in investor behavior, prioritizing stability over riskier assets. It’s a clear indication that markets are clinging to tried-and-true methods to weather economic storms, reminding us just how timeless gold’s allure truly is.

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Like a lighthouse in rough seas, gold provides much-needed guidance when economic waters grow tumultuous.

The current gold rush highlights an overarching fear in global markets—one that goes beyond just economic indicators.

– Marina Tanaka,Senior Financial Market Analyst

Final Thought

Gold’s meteoric rise serves as a stark reminder of the deep-seated uncertainties haunting the global economy. The unprecedented demand underscores a broader trend: when traditional markets falter, investors always retreat to this classic store of value. With no signs of immediate calm on the economic horizon, gold’s role as the trusty anchor in stormy seas is unlikely to wane anytime soon—and that speaks volumes about the fragile confidence in today’s financial systems.

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Source & Credit: https://www.newsweek.com/gold-prices-record-high-us-economy-2124339

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