By Milton Condori, Vision 360: IMF Funds Should Be Used to Bolster Reserves and Stabilize the Dollar Exchange Rate, Economists Say Economists Antonio Saravia and Fernando Romero argue that turning to the International Monetary Fund (IMF) was necessary, as Bolivia is facing an economic crisis from which it has struggled to emerge. The U.S. dollar….
Author: Bolivian Thoughts
Green, White, Forever | Verde, Blanco, Para Siempre
By El Deber: Santa Cruz Marks Flag Day: The Story of the Banner That Survived Decades of Oblivion ‘The Green, White and Green’ | Photo: Ricardo Montero Created in 1864 by Tristán Roca Suárez, the green, white and green flag remained hidden for decades before becoming a symbol of Santa Cruz’s identity and pride. Authorities gather to honor…
Dollar Surge Continues | El dólar sigue escalando
By Brujula Digital: Analyst Sees Bolivian Dollar Exchange Rate Reaching Bs13.37 by Late August if Current Trend Holds An analysis by economist Jimmy Osorio says the weighted average exchange rate has climbed 14.4% between June 26 and July 22. Chart showing the rise in the U.S. dollar exchange rate / Jimmy Osorio Bolivia’s financial-system exchange…
Bolivian Timber Cleared, Markets Beckon | Madera Boliviana Exonerada, Busca Recuperar Mercados
By Stefany Guzmán, Red Uno: Forestry Sector Seeks to Regain International Markets After Negative Test Results Bolivia’s forestry sector welcomed an official report from Brazil’s Federal Police that ruled out the presence of illicit substances in shipments of Bolivian timber. Walter Rioja, general manager of the Bolivian Forestry Chamber (CFB), said the findings validate the…
Do Bolivians Need Permission to Serve in Foreign Armed Forces? | ¿Los bolivianos deben pedir permiso para servir en tropas extranjeras?
By Mauricio Quiroz, El Deber: Article 83 of the Armed Forces Organic Law requires prior authorization from the Ministry of Defense. The provision raises questions about state oversight of those who joined the Russian Army, but failing to comply with it does not prove mercenary activity, nor does it rule out the possibility that some…
HE TALKS BUT DOES NOTHING | DICE PERO NO HACE NADA
By Oscar Antezana: President Paz recently stated that one of the main factors behind the persistent fuel shortage is the “endemic illness” within YPFB’s structure. Mr. President, you knew about the situation, and if it is still an endemic problem, it is because you allow it, because YPFB, like the entire state apparatus, is full…
