Bolivia’s Evo Morales accepts defeat in term limit referendum

Bolivian President Evo Morales answers questions from the press at Quemado palace in La Paz on February 22, 2016
AFP

La Paz (AFP) – Bolivian President Evo Morales conceded on Wednesday he had lost a bid to seek a fourth term, after over 51 percent of voters cast “no” ballots in a weekend referendum.

“We respect the results, it is part of democracy,” the socialist leader told a press conference at the presidential palace. “We have lost a battle, but not the war,” he added.

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