Was about time:
Evo Morales concedes defeat in Bolivia referendum that was held last Sunday.
Bolivian President Evo Morales acknowledged defeat in a referendum that would have cleared the way for him to run for a fourth term in 2019, saying in a speech on Wednesday that he would respect the decision of the people.
. . .
Most polls ahead of the referendum suggested a narrow win was likely, given Morales’ solid support among those who credit him with slashing poverty in Bolivia, South America’s poorest country when ranked by gross domestic product per capita.
But in the end, with more than 99 percent of votes counted, the “no” side had 51.3 percent to the “yes” side’s 48.7 percent, Bolivia’s electoral commission said.
— Nick Miroff (@NickMiroff) February 24, 2016