The Compass

« America: Still Number One | Blog Home Page | India Debunks the Currency Hawks »

Flyin' High with Evo

rsz_morales041710.jpg

Bolivian President Evo Morales is holding a star-studded climate change soiree in Cochabamba, which he claims:

will give a voice to the poorest people of the world and encourage governments to be far more ambitious following the failure of the Copenhagen summit.

So concerned is Evo with the plight of the poor that he's buying himself a jet built for the Manchester United team:

Bolivia's Treasury Minister Luis Arce says the government is negotiating to buy a French Falcon 900 jet built for the needs of Britain's Manchester United. The price: $38.7 million.

The British soccer team declined to purchase the jet after it was finished, so Morales rushed to buy it, according to Agence France Presse, which also reports that Morales will have another jet, a $40 million Antonov BJ financed through a military credit from Russia.

Morales has been busy this month. While tightening his grip over the country following local elections earlier this month, Morales had recently accepted the third donation of military equipment from China.

Perhaps Evo will fly his Chinese friends and his celebrity friends to the inauguration of the Bolivian Space Agency's new satellite: China and Bolivia are working on a $300 million joint satellite project:

According to Bolivian Public Works Minister Walter Delgadillo, the satellite has a maximum capacity of the DFH-4 model that will enable it to cover not only Bolivia but also the whole Latin America.

China had previously helped Venezuela launch a satellite in 2008.

(AP Photo)