Red Erbol (news agency) reported that the government intends to control (new telecommunications law) at least 33% of the television and radio waves to government radios and TV stations. Another 17% will go to the social community sector, controlled by this government; and another 17% to indigenous organizations which are also controlled by the political…
Month: July 2011
Bolivian Economics 101, updated
1. Important signal was sent to the Latin American community of nations, as well as to the international cooperating agencies. Government has decided to comply with the Inter American Development Bank (IADB – BID in Spanish, http://www.iadb.org) requirement to increase its shares to continue to benefit from its services. An estimated $14.7MM will be disbursed…
Repercussions around the Vienna Convention and Bolivia
In an unfortunate statement, let alone non-diplomatic channel, government minister labeled the International Narcotics Control Board (UN Vienna Convention, JIFE in Spanish) statement as “hypocritical” his not-so-clear /indirect remarks in reference to the INCB (made to local press on July 6th 2011). Regardless of this government’s position about coca chewing, I believe this reaction is more damaging…
Negative effects of Price controls in Bolivia
This cartoon appeared in El Diario on July 6, 2011. It portrays how small vendors are reacting to this government’s policy on price ranges for given food products (while ‘Finance minister’ looks in disbelief). This reaction has impacted consumer’s economy since last year. Despite government officials’ assurances, it is expected that this year’s inflation will…
Bolivian businesses awarded for excellence!!
Kudos go to: Menno Travel, S.R.L., Beneficiadora de Almendras Urkupiña S.R.L., Bolital, Consorcio Jurídico & Empresarial “Jurtecont”, Cooperativa de Ahorro y Crédito San Martín de Porres, Comunicaciones El País, Crédito con Educación Rural (Crecer), Import Export San Jorge, Ingeniería de Datos y Computación, Japebu Bienes Raìces – Inversiones, Ecológica Natu Diet en Estevia y Cereales, Cooperativa de Ahorro y Crédito San Pedro, Setramex CTI Grupo Express. They are Bolivian entrepreneurs who received recognition from the World Confederation of Business (www.worldcob.com)….
UN Vienna Convention regrets Bolivia!!
The International Narcotics Control Board (UN Vienna Convention) has released a very harsh document against last Bolivia’s government decision to pull out of the Vienna Convention. Current government unfortunate decision was an “attempt to justify the coca chewing”. Follows excerpts from that document, which illustrates how badly Bolivia is perceived internationally and how badly we…
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