CCTV [links below are from CNTV] and Dan Collyns report from Uyuni, Potosi – Bolivia: Bolivia set to exploit vast lithium reserve 12-31-2011 08:00 BJT Hidden underneath an enormous extinct salt lake in Bolivia lies the world’s biggest untapped supply of lithium. The country’s president Evo Morales has pledged the exploitation of the mineral will…
Category: Business
Bolivia should not keep its currency high over the others… Monetary Policy 101, Jan 2012
El Dia reports today about the dangers of keeping a higher exchange rate of the Boliviano currency: The Government has defended the Bolivian currency appreciation, because it is an economic protective shield depending on the local markets. Several economists do not agree with this because the appreciation of one currency with respect to the other…
IBCE’s findings regarding ANB’s performance
The Bolivian Foreign Trade Institute (IBCE) was kind to share with Bolivian Thoughts in an Emerging World a recent perception survey regarding the performance of the Bolivian National Customs (ANB) institution, press release IBCE E-1401/2011. Follows, the summary of the findings: (1) Overall performance of the ANB during 2011: in relation to this survey, a…
Can some humans learn from earlier mistakes?
This cartoon is from El Diario, December 29, 2011. It shows current Bolivian president trying to swim against the current of blockades that will more likely restart around mid January 2012. It is assumed that humans, unlike other species, learn, adapt, evolve when confronted with reality. This political party in power is either a very slow…
Bolivia’s breakthrough on traditional medicine
El Deber posted this news on its website, yesterday afternoon (picture below obtained from the internet): A “Hepato-biliary syrup”, made with Andean plant extract, became the first drug registered as legal by the Bolivian Ministry of Health which, as explained this Wednesday, the authorization to go ahead was made in order to rescue traditional medicine….
Bolivian lowlands environment in peril
This cartoon appeared in El Dia, December 19, 2011. It says: “Happiness: Is the forest to destroy and plant single crops” and you see in the right side, an illegal coca grower planting the source for cocaine, crime and drug addiction. On the left side you have a private agriculturalists planting a single crop, could…
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