Bolivian exports in peril, July 2011

As a result of Bolivia losing its chance to export to the USA under the ATPDEA agreement. This government turned to Venezuela, Argentina and Brazil. Bolivian exports to Venezuela, mainly textiles, have been reduced this first semester of 2011 to 49% as compared with 2010. Our trade balance shows a deficit of $181.7 million dollars;…

Pedro Rivero – El Deber newspaper: summoned by Bolivian justice…

Today, Pedro Rivero Mercado, major shareholder and Director for the largest Santa Cruz newspaper was accused for “illicit enrichment”. Rivero is a well-regarded, respected journalist nationwide; he was subpoenaed and will have to obey the edict he was given. Journalists in Santa Cruz will march on Monday, to protest for this accusation. More about this, as it…

Bolivian important web site: Carlos Valverde

Carlos Valverde is a succesful, well documented journalist. Valverde has radio and TV programs. Current government has exerted some pressure on two TV channels, so he was “asked” to abandon those networks. He currently broadcast his programs from the internet/cable services. His daily radio broadcast from Santa Cruz can also be heard on the net. Valverde’s best…

Blackouts in Bolivia: buy candles…

This cartoon appeared in El Dia, July 29 , 2011. The vice-minister of hydrocarbons and energy is saying “All is under control, for now.” While in the back you see many candlelight; in other cartoons the shape of his head were more like a light bulb. Bolivia will probably face some cuts in energy in…

Market failures in Bolivia – Keynes or Friedman?

This cartoon appeared today in El Diario. You can see a door (government) opening and a person shouting “probable increase in fuels!”  A street vendor looks busy with one sign reading “price increases” and other signs for vegetable prices. In practice and in common life, anytime an opinion leader (in this case government’s officials) “voices”…