in the development of the country's natural gas fields they include british dutch company royal dutch shell repsol from spain petrobras from brazil and argentina as pan american energy bolivia's president is eager to quell doubts that the socialist government overnight on the agreement. contracts are going to be fulfilled. we have a flexible cabinet of ministers and a parliament that is well organized and will approve policies that favor bolivians . to guarantee major investments in bolivia. in two thousand and six the newly elected president evo morales nationalized the gas industry using military force foreign companies receive compensation but were not happy the move made very unpopular with investors but that nationalization was a boon for bolivia generating extra revenue that was in ten invested in oil and gas production. the output of natural gas has increased enormously since then by more than fifty percent in ten years to around twenty billion cubic meters today the majority of households have gas plus the government has been able to build new railways streets hospitals and schools preside

they join the host of companies inm bp to royal dutch shell terms of beating, shall generated cash, bp give us -- gave us a buyback. repsolg on the numbers. they ratcheted up the debt piles on the purchase of talisman in 2015. you are seeing an overall beat on the net income side, adjusted net income. atrd quarter avatar comes in 5.9 billion. the debt will be the most interesting number. let's see how the market react 6.70 9debt numbers of billion. billion. anna: the full-year outlook will be on the lower end of the guidance range, says smith and nephew's. we will wait for a few more details to trickle through but what makes that more fascinated is that -- fascinating is that smith and nephew has had an activist investor take a stake in their business. alledge -- elliott management, it has been talked about as a takeover target for some time. if we see the share price go any lower on the back of the skied we have them smith and nephew, could that be a game changer for companies that happened top about as potential buyers for the business? the ceo is also leaving the company. he will step down at the end of 2018 after seve