Nicola Carruthers reports for The Spirits Business: The US and Bolivia have signed an agreement to recognise Bourbon and Tennessee whiskey as American products, and Singani as a Bolivian spirit. Last Friday (24 January), United States trade representative Robert Lighthizer and Bolivia’s foreign minister Karen Longaric signed the deal during a ceremony in Washington DC,…
Category: Business
Bolivia needs to adjust the exchange rate to the dollar, soon!
Matthew Bristow reports for Bloomberg: Fitch Says Bolivia Reserves Are No Longer Enough for FX Peg Bolivia has depleted its “war chest” of international reserves to the point that it no longer has enough dollars to defend the nation’s fixed exchange rate, according to Fitch Ratings. Fitch in November downgraded the Andean country to B+,…
Bolivia and Peru resume fruit and vegetable exports
Fresh Plaza reports: The Ministry of Agriculture and Irrigation (Minagri) announced on January 23 that the issuance of phytosanitary permits and border inspections for the exchange of agricultural products between Peru and Bolivia had been restored. The National Agricultural Health Service of Peru (Senasa) asked its Bolivian counterpart, the National Agricultural Health and Agro-Food Safety…
Bolivian Mara/Mahogany 101: ‘wood pirates’ log Bolivian national parks
Eduardo Franco Berton reports in Mongabay: Mara (Swietenia macrophylla), also known as big-leaf mahogany, is a threatened tree species found in western South America. Growing up to 50 meters (165 feet) tall, mara trees can live for more than a century. Its wood is sought-after for the production of high-end furniture and can sell for…
Lies are not exported – No se exporta mentiras
Humberto Vacaflor writes in El Diario: Lies are not exported It is somewhat humiliating for a Bolivian official to have to explain to a Brazilian official that Bolivia cannot send the agreed volume of natural gas. And even less if it is the natural gas owed. A gas for which Brazil paid in advance, and…
Public sector owes construction companies – Sector público es deudor de las empresas constructoras
Editorial from El Diario: Public sector owes construction companies The management of the national economy between 2006 and 2019 was undeniably unsuccessful because, due to the costly expenses, it is clearly established that the money of the State was managed irresponsibly, without any control and as if they were personal economies. The previous government, without…
Bolivian Thoughts | Pensamientos Bolivianos (Bilingual/Bilingüe) 