Bolivia nationalizes key smelter

I just read an article saying that the Bolivian president, Evo Morales just sent two hundred troops to seize control of Bolivia's largest time smelter company. The company was owned by the Swiss company Glencore. President Morales says he does not have any plans in the near future to compensate the company. This is really interesting, especially after the earlier reading about economics and politics in Latin America, and their relationship with international exchange. This is an example of Latin America being proactive rather than reactive.