The following news from El Deber [07/20/2016], reflects how alternative development, has worked in Chapare, despite the ruling of the coca grower caudillo! The cochabambino entrepreneur managed to seduce the Argentine market for bananas that he produces in 10 farms that he has in the Chapare area. The “Bolita” [such term was used derogatorily by…
Category: Business
The “plurimulti” charade begins to fade out!
The populist government of the coca grower caudillo is now beginning to show, whether they like it or not, their real incompetence. The so-called socialists of the 21st century in South America have wasted billions of dollars while misleading the majority of their population.. Whom, out of ignorance gave them absolute power to engage in…
The Bolivian Incentives’ Act is certainly not for real and unattractive!
Pagina Siete reports: They claim that the Incentives’ Act is not attractive The 767 Promotion Law for Investment in Hydrocarbon Exploration and Exploitation is not “very” attractive to attract foreign investment to the country, said CEDLA researcher, Carlos Arze. “There are many ways by which foreign investment is determined, Incentives Act seems to be not…
Argentina’s YPF inks deal to explore for gas in Bolivia
EFE reports in Latino Fox News: Argentina’s YPF inks deal to explore for gas in Bolivia SANTA CRUZ – Argentine state-controlled energy company YPF signed an agreement Wednesday with Bolivian counterpart YPFB to explore an area of eastern Bolivia with potential natural gas reserves totaling 2.7 trillion cubic feet. YPFB CEO Guillermo Acha and YPF’s…
Fitch Downgrades Bolivia’s IDRs to ‘BB-‘; Outlook Stable
CBS 8, Business Wire reports: Fitch Downgrades Bolivia’s IDRs to ‘BB-‘; Outlook Stable Posted: Jul 13, 2016 5:43 PM BOT Updated: Jul 13, 2016 5:43 PM BOT NEW YORK –(BUSINESS WIRE) Fitch Ratings has downgraded Bolivia’s Long-Term Foreign and Local Currency Issuer Default Ratings (IDRs) to ‘BB-‘ from ‘BB’. The Rating Outlook is Stable. The…
My Night at Bolivia’s Illegal Cocaine Bar
From the Daily Beast: My Night at Bolivia’s Illegal Cocaine Bar In La Paz, our correspondent finds a legendary basement dive, where the house specialty is not a cocktail, but an illicit tray of the white stuff. It’s a well-known secret in La Paz, Bolivia, that it has an illegal underground cocaine bar, noted as…
