Marcelo Campos reports for El Dia: By increasing the minimum wage Seniority bonus rises 15% Work. Businesses Reject increase and announce study to see the impact of the measure. The increase from 8.5% to 15% have basic and the national minimum, made automatically upload the seniority bonus of a worker up to 15% in all…
Category: Business
30.2% of Bolivian population were victim of corruption since the masismo assumed power… WTH?!
Bolivia has been shaken by increasing corruption and violence levels since the coca-grower caudillo assumed presidency. Almost a decade has past and over $150 billion dollars wasted. The ochlocracy is ruling the country and anarchy takes over. The following is an excerpt of The Economist article on corruption and my comment in that site: ……
Bolivia’s recurrent ordeal, disastrous gov’s performance on road maintenance!
Bolivia, on a yearly, seasonal time, endures floods, road destruction and this government which claims its success and bonanza, has failed over the last nine years to provide adequate infrastructure and response to heavy rain, floods and disaster. The following news reflect our ordeal: From The Telegraph: Floods bring bridge down in Bolivia A bridge…
Food inflation rose 2% in two months
La Prensa reports: JUBILEE FOUNDATION FOOD ROSE 2% IN TWO MONTHS The first two months of 2015, food prices rose 2%, as estimated by the Jubilee Foundation. The February rate was 0.11% and is lower than those recorded during the previous three months. According to INE, inflation in February was 0.34%; while food prices rose…
ALMOST 2.9 MILLION BOLIVIAN PEOPLE LIVE IN HIGH MOUNTAINS
Mirna Echave reports for La Prensa: PEOPLE INHABIT IN TOWNS LOCATED OVER 3,500 METERS [above sea level] ALMOST 2.9 MILLION PEOPLE LIVE IN HIGH MOUNTAIN The Government made a diagnosis on the mountainous area of Bolivia. In Bolivia, 2.9 million people live at locations above 3,500 meters above sea level, according to the Prime Diagnostic…
We will see how serious is this government with oil exploration!
La Prensa reports: OIL EXPLORATION ADVANCES Hydrocarbons Minister, Luis Alberto Sánchez, reported yesterday [02/28/2015] that oil exploration in the country advances, especially in “the Carohuaicho 8A, 8B and eastern areas, which will invest about $278 million, which will give a boost to hydrocarbon exploration in the country”. [The postal stamps shown below, are from the 60s,…
Bolivian Thoughts | Pensamientos Bolivianos (Bilingual/Bilingüe) 