Friday, May 12, 2006

Lula and Evo to Talk Over Breakfast

The presidents of Brazil and Bolivia will try to solve a recent feud during a breakfast scheduled this weekend in Vienna.

Brazil and Bolivia have been at odds since the nationalization of Bolivian gas. The crisis was intensified by recent comments made by Morales ruling out compensations for companies with seized assets, arguing that they were operating illegally in Bolivia.

Brazil's energy company Petrobras is heavily invested in Bolivia, a country that provides enoough gas to Brazil as to cause an energy crisis. President Lula is being heavily criticized by local media for his handling of this impasse.


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