In Bolivia, Evo Morales has been sworn in for a second term as president after winning a sweeping reelection victory in December. In his inauguration speech, Morales promised to launch state-run paper, cement, dairy and drug companies and develop Bolivia’s iron and lithium industries. Morales also vowed to strengthen Bolivia’s ties to other leftist governments in Latin American and to Iran.

Evo Morales: “In 2002, I received visits from the US ambassador. Of course we want to have good relations with them, but they would say to me, 'you can't have relations with Cuba, Venezuela and Iran.’ Now more than ever, we are going to strengthen our diplomatic and bilateral relations with those three countries.”