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Bolivia's Richest Man Backs a Millionaire Candidate in Bid to Oust the Left
Bolivia's Richest Man Backs a Millionaire Candidate in Bid to Oust the Left

Bloomberg

time5 days ago

  • Business
  • Bloomberg

Bolivia's Richest Man Backs a Millionaire Candidate in Bid to Oust the Left

Bolivia's richest man, Marcelo Claure, plans to support center-right candidate Samuel Doria Medina in the upcoming presidential elections, in an attempt to unseat the left. Billionaire Claure has positioned himself as an influential player ahead of the vote, offering his financial backing to a candidate of his choice. But he had dragged out the decision until now, when elections are exactly a month away.

Opposition candidates lead polls for Bolivia's presidential election
Opposition candidates lead polls for Bolivia's presidential election

UPI

time01-07-2025

  • Business
  • UPI

Opposition candidates lead polls for Bolivia's presidential election

With fewer than 45 days until Bolivia's presidential election, politician and businessman Samuel Doria Medina (C) , leader of Unidad Nacional, a center-left social democratic party, is leading the polls with 19.6% support. File Photo by Gabriel Márquez/EPA-EFE July 1 (UPI) -- With fewer than 45 days until Bolivia's presidential election, businessman Samuel Doria Medina -- leader of Unidad Nacional, a center-left social democratic party -- is leading the polls with 19.6% support. According to the latest survey by Captura Consulting, released by the Cadena A television network, former President Jorge Quiroga, a center-right candidate, is in second place with 16.6%, followed by Andrónico Rodríguez, a rising figure in the Bolivian left, with 13.7%. A June poll by Ipsos CIESMOR showed similar results, reinforcing the trend that opposition candidates Doria Medina and Quiroga have pushed ruling party candidates out of the top spots. Still, 15.5% of voters remain undecided, adding uncertainty to the final outcome. "Although a poll is a snapshot of the moment and will shift over time, the trends are clear," political analyst José Luis Santistevan said. He said voters appear to be turning away from the ruling party amid a worsening economic crisis that has affected jobs, food access and household income across Bolivia. Bolivia is in the midst of a severe economic crisis, driven by rising prices for basic goods, fuel shortages and a lack of foreign currency. The crisis has intensified social tensions nationwide. Infighting on the left has weakened the ruling party's standing. Former President Evo Morales, current President Luis Arce and President of the Senate Andrónico Rodríguez have publicly clashed, eroding support for the political movement that has governed Bolivia since Morales first won the presidency in 2005 with 53.7% of the vote. The latest polling suggests no candidate is likely to win outright in the first round on Aug. 17, political analyst Reymi Ferreira said. He added that Doria Medina and Quiroga are likely to face each other in a runoff Oct. 20. Since the Constitutional Court disqualified former President Evo Morales from running -- citing constitutional term limits -- his supporters have launched blockades and protests across several regions, threatening national stability and the election itself. Despite the unrest, the vote remains scheduled for August 17, with an estimated 7.5 million Bolivians expected to go to the polls.

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