Deadly protests in Kenya, Bolivia’s failed coup show perils posed by faltering economies


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Open this photo in gallery: Kenyan police officers patrol during a demonstration against a proposed government finance bill in Nairobi, on June 27.Patrick Meinhardt/Getty Images Deadly Kenyan protests that scuppered tax hikes and a failed coup amid fading economic prospects in Bolivia this week are violent reminders of the dangers posed by faltering economies and punishing austerity measures. Bolivia’s President and former economy minister Luis Arce fended off the putsch on Wednesday, but faces ongoing U.S. dollar shortages and soaring borrowing costs that pushed the country’s credit rating to “junk.” Kenya’s President William Ruto, who reversed support for a tax-hike...