Category: Business

Bolivian wood prices rise by 200%!

In economy, when a price rises, it is generally because there is a shortage of the commodity. This time there is no exception: 35% of the timber supply comes from Guarayos Province in Santa Cruz. Some of the species are scarce in the market and prices went up more than 200% as stated by the…

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Bolivian Economics 101, July 2011

Interesting economic data and analysis from El Dia editorial, Sunday, July 24, 2011: Editorial starts by commenting how current president has spoken about how bad the Bolivian finances are, although  he obviously does not admit in those terms and also does not understand, in its full concept, what is going on. Otherwise, he shouldn’t have…

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Bolivian miners demand urgent meeting with president

The FSMTB (Union Federation for Bolivian mining Workers) met and decided to declare in emergency and want to meet with the Bolivian president ASAP. Miners from public, private and cooperative sector are extremely worried about all the violent take overs they have been experiencing. According to one of their leaders, Cesar Lugo, they have declared…

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Bolivia: Sugar shortage?… not again!!

Around 1,500 tons of sugar are being imported by the government from Brazil and Colombia for the state-owned company “Insumos Bolivia” (Bolivia Inputs). Produce is in Arica, Chile; waiting to be transported to Bolivia. Brazilian sugar transport results more expensive this way (around the continent), rather than coming through Santa Cruz, directly from Brazil. In…

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Fewer grant funds to fight poverty in Bolivia

It came as no surprise, the USG decision to undercut the assistance to countries deem as “unfriendly”. Bolivia, Ecuador, Venezuela, Nicaragua and Argentina are among the countries that will no longer receive assistance from the USA. It is relevant to point out that the first three countries also appeared in the list as the poorer of…

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