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The government of Rodrigo Paz backtracked on the neoliberal Supreme Decree 5503 after reaching an agreement with the Central Workers Union, putting an end to weeks of protests and road blockades. The deal includes repealing the most controversial articles of the decree, which eliminated fuel subsidies and sparked widespread discontent. Authorities announced the immediate approval of a new law that maintains the core economic measures but avoids a legal vacuum, while union representatives celebrated the repeal as a victory of the organized labor movement.

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00:00And we go to Bolivia, where the government of Rodrigo Paz backtracked on the neoliberal
00:04supreme decree 5503 by reaching an agreement with the Workers' Union, therefore putting
00:09an end to weeks of protests and road blockades.
00:12The government of Rodrigo Paz and the Central Workers' Union reached Sunday an agreement
00:16to repeal part of the controversial decree 5503, which greatly affects the workers by
00:22eliminating most fuel subsidies.
00:25Both powers agree on the drafting of a new decree and the lifting of blockades and protests
00:29For his part, the executive announced the immediate approval of a new law that, while maintaining
00:34the elimination of fuel subsidies and the core economic components of the original package,
00:39the most controversial articles will be repealed, as they don't want a little vacuum that could
00:44paralyze the administration.
00:46For their part, the union representative celebrated the announcement, assuring that the repeal
00:50is an achievement of the organized labor movement.

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