Bolivia nationalizes Iberdrola electricity companies

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Bolivian police officers stand guard in front of the electrical distribution plant Electropaz, a subsidiary of the Spanish energy company Iberdrola, after President Evo Morales announced their nationalization in La Paz, December 29, 2012. Bolivia nationalised two electricity distribution companies owned by Spanish utility Iberdrola on Saturday, the latest move by leftist President Evo Morales to assert control over the country's resources. REUTERS/Gaston Brito