For better or worse, today is the day Bolivia will try to make its claim regarding a sea-coast in the Pacific. The OAS will hear both countries and hopefully will make a statement. Bolivia wants to gain support from most of LA countries while Chile wants to keep this issue as bilateral. As a Bolivian,…
Category: Business
Bolivian updates
1. Iran’s Defense Minister visit to Bolivia is still in the news and controversy. The visit of this individual, wanted by Interpol for terrorism attack in Argentina, was known and published the day before in an Argentinian newspaper, denouncing all Ahmad Vahidi’s violent behavior. As such, it is unbelievable the sorry remarks by government officials saying they…
Road blockade between Santa Cruz and Cochabamba
Located in El Sajta, the paved road that crosses the cocalero fields in the Chapare region. There is a conflict between the community and the Cochabamba State University (UMSS). Will report on this as development occurs, so far government said they intend to send both police and the army to expedite the route. A line…
Sad updates for Bolivia…
Remember prosecutor Marcelo Soza, in charge of the alleged terrorism/separatism case in Santa Cruz? Not so long ago he quit from that case, as it was turning against him, that is, he was not able to consolidate his accusations… well… he is still in charge and nothing has happened to clear this case. The death…
Market failures continued, part II
This government continues to erroneously intervene in the markets. The past is full of negative examples regarding controlled production or controlled prices. This time the government aims at controlling the production of alcohol instead of sugar, in the past 60% of the sugar cane production was sufficient to handle the national market. Price control and importing…
Sugar price and market failures
This cartoon appeared on El Diario, a La Paz newspaper (5/26/11) regarding how this government views the sugar market. The ministry of productive development has set up the price at Bs6 per kilo while market is around Bs9 (to date $1 = Bs6.98). Let us not forget that in earlier years this government decided to…
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