The president of Bolivia, Evo Morales, announced on Sunday his resignation given increasing violence by opposition groups challenging the results of elections held October 20.

"I decided to resign from office so that Carlos Mesa and Luis Camacho would cease abusing and harming thousands of brothers ... I have the obligation to seek peace and Bolivians fighting amongst ourselves hurts a great deal, for this reason I am submitting my letter of resignation to the Plurinational Assembly of Bolivia," Morales stated.After serious waves of violent against members and leaders of the Movement to Socialism (MAS), intimidation of journalists, burning of residences, and betrayals by political allies and members of the National Police, the country is facing a political crisis.The nation’s armed forces (FF.AA.) issued a statement indicating that in order to restore stability, a change in the Presidency was necessary, “We suggest that the President resign from office allowing the pacification and maintenance of stability in Bolivia,” stated William Kaiman, commander in chief of the Armed Forces.

"We are resigning so that our humble brothers are no longer beaten, poor families humiliated, we do not want confrontations. We have decided to relinquish our victory to allow for elections, all for Bolivia, all for the homeland," Morales said.

“This is not a betrayal of social movements; the struggle continues; we are the people. We have liberated Bolivia, we are leaving a liberated homeland, developing, with generations that very much have a future,” Morales concluded.