By El Diario: No authority limits banking abuses Users have been complaining on social media about banks arbitrarily setting limits on card use abroad. Once again, Banco Económico reduced credit limits despite previously agreeing to a higher amount. Authorities remain passive, failing to intervene. Customers report that Banco Económico initially allowed up to $600 in…
Category: Business
Parallel dollar disappears | Desaparece el dólar paralelo
By Brújula Digital: The parallel dollar disappears from exchange houses and money changers in La Paz A day after the government authorized YPFB to acquire dollars from the national banking system, U.S. currency vanished from exchange houses and street money changers in downtown La Paz. One of the currency exchange houses in downtown La Paz….
The parallel dollar skyrockets to Bs 12 amid fuel shortages in Bolivia | Dólar paralelo se dispara a Bs 12 en medio de la escasez de combustible en Bolivia
By Unitel, Eju.tv: The USTD, the digital asset used as a reference by the Central Bank, recorded a significant increase in the last 24 hours. The parallel dollar reached Bs 12 per unit this Wednesday, March 12, according to reports from digital wallets operating with crypto assets. This increase comes amid the crisis caused by…
Without Dollars, Fuel, Facing High Inflation, and a Negative Trade Balance | Sin dólares, sin combustible, con alta inflación y una balanza comercial negativa
By Álvaro Rosales Melgar, Unitel; Eju.tv: Bolivia is Without Dollars, Fuel, Facing High Inflation, and a Negative Trade Balance, Analysts and Politicians Warn On Monday, alarms were raised after the government revealed that it does not have enough foreign currency to purchase fuel and will now supply it to productive sectors at international prices. The…
Inability to ensure subsidized fuel supply | Incapacidad para garantizar el suministro subsidiado de combustible
By Brújula Digital: Facing Supply Shortages, Government Offers Productive Sector Fuel Imports at International Prices After admitting its inability to ensure subsidized fuel supply, the government is offering miners and the agricultural sector the option to import fuel at international prices through YPFB The Minister of Hydrocarbons (2nd from Right) Presents the Government’s Offer. Photo:…
Is it coherent, wise, under the current sociopolitical crisis, to even consider a salary increase? | ¿Es coherente, sensato, bajo la crisis sociopolítica actual, el pensar siquiera en un incremento salarial?
By Erbol; El Potosi: Bolivian business leaders take a stance on proposed salary increases The Confederation of Private Entrepreneurs of Bolivia, through a statement released this Sunday, has expressed its rejection of proposals made by some union leaders regarding a proposed salary increase this year. In its statement, the confederation firmly rejects the declarations of…
Bolivian Thoughts | Pensamientos Bolivianos (Bilingual/Bilingüe) 