Bolivia has a new president, the seventh in three years.
GV Presidential Palace and guards outside. (2 SHOTS)
SV General Celso Torrelio arrives in car gets out and enter building. (2 SHOTS)
SV President addressing cabinet meeting.
GVs & SVs People queuing to change money. (3 SHOTS)
GVs SVs People queuing to change money. (3 SHOTS)
SVs Police keeping queues under control. (2 SHOTS)
SV President Celso Torrelio on rostrum with other members of junta speaking. (2 SHOTS)
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Background: Bolivia has a new president, the seventh in three years. He is General Guido Vildoso, a career soldier. He replaces General Celso Torrelio, who resigned on July 19. The last months of President Torrelio's rule were marked by bitter controversy over rampant inflation and a severe shortage of foreign reserves. There were many strikes and demonstration; one, which involved students, ended in violent clashes with police. Four days before his resignation, the general promised to hand over power to civilian administration in August, and to hold elections next April. But he failed to retain the support of the junta. General Vildoso, 45, has promised to stick to his predecessor's pledge. But there were already signs that he, too, lacked full support from all junta members. His swearing-in was postponed for nine hours, officially because ministers expected in La Paz were having transport problems. But military sources quoted by Reuters said the junta was split between hardliners favouring a candidate who would deep power in the army, and moderate' who favoured an early return to civilian rule.