Menu
Finance
Cutting These 10 Everyday Expenses in 2014 Will Save You $8,844
How to Perfectly Plan Your Divorce to Protect Your Assets
PNC Bank Review Ė Overview of PNC Bank Accounts, Loans and More
Hereís Why Bank of America Just Closed Your Credit Card Without Telling You
2014 Academy Award Statue Valued at Just Under $400
Why You Could Start Seeing Your Credit Score on Your Credit Card Bills
How to Host Your Academy Awards Viewing Party on a Budget
Warren Buffett Reveals His No. 1 Investment Strategy That Anyone Can Follow
Your ATMís OS is a Decade Old: Hereís Why Banks Are Scrambling to Update It
What You Need to Know About Obamaís $3.9 Trillion 2015 Budget
Discover What a Discover Bank Online Savings Account Can Do For You
4 Tips to Cut Your Monthly Bank Fees
Hereís Why One Analyst Says Bank Stocks Are Going to Double
How Ben Bernanke Earned $250,000 in 40 Minutes
Visa and MasterCard Join Forces to Protect Your Card from Hackers
Bolivia expels US aid agency after Kerry calls Latin America 'our backyard'
Bolivia told a U.S. aid agency to get out after Secretary of State John Kerry referred to Latin America as Washington's "backyard," a term that evokes memory of U.S.-backed coups of the past.

LA PAZ, Bolivia ó Bolivian President Evo Morales expelled a U.S. development agency from his country on Wednesday, marking the latest confrontation between Washington and a bloc of left-wing governments in Latin America.

Morales said he was kicking out the U.S. Agency for International Development (USAID) as a "protest" after U.S. Secretary of State John Kerry recently referred to Latin America as Washington's "backyard." The term evokes strong emotions in the region, which experienced several U.S.-backed coups during the Cold War.

Morales announced his decision at a Labor Day rally, an occasion he has used in recent years as a forum to nationalize businesses and take other steps to rouse his working-class base in South America's poorest nation.

"Today we're only going to nationalize ... the dignity of the Bolivian people," Morales said. "USAID is leaving Bolivia."

He did not say what USAID did to deserve expulsion, though Bolivian officials have previously accused the agency of destabilizing the government. In 2008, Morales expelled the U.S. ambassador for allegedly aiding the opposition.

Morales is a close ally of Venezuela's left-wing government, which has seen its already strained relations with the United States deteriorate further in recent weeks. The government of President Nicolas Maduro, who won a tightly contested election last month to succeed the late Hugo Chavez, on April 25 detained a U.S. citizen and accused him of destabilizing the country.

USAID said in a statement it has spent nearly $2 billion in Bolivia over the past 50 years on projects in education, health and food security, among other areas.

The U.S. government "deeply regrets" Bolivia's decision, State Department spokesman Patrick Ventrell told reporters.

"Those who will be most hurt by the Bolivian government's decision are the Bolivian citizens who have benefited from our collaborative work," he said.

Ventrell said Bolivia's allegations against USAID were "baseless" and said the U.S. government had not yet decided whether to take any action in response.

Kerry made the "backyard" comment April 18 at a Senate committee hearing.

When pressed by a senator about Washington's influence in Latin America, Kerry expressed regret that U.S. aid to the region is falling victim to budget cuts.

"I don't disagree with you about the need to change the dynamic in the Western Hemisphere," he said. "It has too often been viewed as a second thought. It shouldn't be. It's our backyard, neighborhood, as you say. I think there are relationships we could improve."
Start Playing NZ Roulette Bettings Today.

Menu
Hey Ladies: Donít Miss Out on the Broke Boyfriend Tax Exemption
3 Ways to Fix Your Finances in One Hour for Daylight Saving Time
IRS Reports This Yearís Average Tax Refund is $3,034
How to Start Saving Money for Your Babyís College Education
How to Find Free Tax Preparation in Your City
IRS Wants to Pay You $25,000 for Saving Your Tax Return
5 Secrets Your Bank Doesnít Want You to Know
How to Handle the 5 Most Awkward Money Situations
4 Tips to Cut Your Monthly Phone and Cable Bills
Stop Wasting Money Because You Wonít Admit Youíre Old
Amazon Prime Price Hike: Is It Worth It?
10 Tips for Winning Your March Madness Bracket and Some Extra Cash
I Lost My W-2! What Should I Do?
4 Cheap, Fun Ways to Celebrate St. Patrickís Day
What Four Leaf Clovers and Interest Rates Today Have in Common
Name
Name

Password