In news from Latin America, Bolivian President Evo Morales has nationalized four more power companies, including a subsidiary of France’s GDF Suez. The companies had been formed in the 1990s following the privatization of the state National Electricity Company. Morales made the announcement on May Day.

Evo Morales: “We’re here to nationalize all the hydroelectric plants that were owned by the state before, to comply with the new constitution of the Bolivian state. Basic services cannot be a private business.”