La Paz, December 11 (PL-RHC)-- Acting president of Bolivia, Álvaro García Linera, warned on Thursday the progressive peoples of the region about an economic offensive aims to undermine their revolutionary processes.

"In the past few months we have witnessed a counteroffensive of ultraconservative and imperial sectors towards Latin America through economic war," said Garcia Linera in a contact with journalists here at Quemado Palace, the government headquarters.

He explained that the strategy is aimed at handling the prices of raw materials, mainly the oil, with the objective to destabilize the economies of those nations, and thus, the internal policies of those nations.

The danger is that the conservative offensive can affect the rights and social and labor gains of the Latin American people, besides the advances in the continental self-determination that allowed them to define the fate of the region without asking the United States first, said the Bolivian Vice President, now in charge of the country because President Evo Morales is attending the climate summit in Paris.

In this regard, he said the best way to defend the gains of the different revolutionary processes in Latin America is by securing financial stability, growth and justice to benefit society.

He said "our objective from now on will be to deepen the processes of change existing in the region and never allowing the return to the times of instability and privatization that marked the poverty and despair of Latin American peoples."