Miguel Salas Aguilar: 1904 / 1944: THE “CHAUCHEROS” (Part two. History of transportation in Oruro) 1904, THE FIRST AUTOMOBILE IN BOLIVIA Don Rene Canelas recounts: “In 1904, the first cars, the first automobiles, arrived from the United States by Mr. Jesús Aguayo. Their small plates read ‘SPECIAL CARRIAGE’ ‘MANUFACTURED EXCLUSIVELY FOR MR. J. AGUAYO. UNDER…
Category: Business
Dollars and their impact on inflation | Dólares y su impacto en la inflación
Editorial, El Deber: The scarcity of dollars, a phenomenon that has intensified in recent months, directly impacts the prices of products and services, fueling inflation and threatening to erode the purchasing power of Bolivian families. The business sector has been one of the first to feel the effects of the lack of foreign currency. Importers…
Absence of dollars, exports of agricultural products released | Falta de dólares, liberan exportaciones de productos agrícolas
Mary Ortiz, AFP, EFE, Clarin, NewsRebeat: Change of direction in Bolivia: in the absence of dollars, exports of agricultural products are released Bolivia’s center-left government has made a change to its economic policy and agreed on Monday with entrepreneurs to free up agricultural exports, to cope a serious shortage of dollars. Economy Minister Marcelo Montenegro made…
THE NAME OF THE GAME | EL NOMBRE DEL JUEGO
Oscar Antezana Malpartida, El Dia: Already, whoever becomes the next President of Bolivia will have a very tough time. The economy is in tatters, and the next government will have to rebuild it from its foundations. That’s where we are, perhaps like never before in Bolivia’s history. We lack everything essential for a thriving economy…
Devaluation and loss of purchasing power | Devaluación y pérdida del valor adquisitivo
El Diario: The Bolivian records devaluation and loss of purchasing power The shortage of dollars in the Bolivian market causes an increase in the value of products and services, while the Government does not give signals of supplying the currency, so companies are already taking precautions and announcing price increases for their items; the food…
Economic Damage to the State | Daño Económico al Estado
Francesco Zaratti: I find significant ambiguities in the concept of “Economic Damage to the State” (EDS), which generally refers to the impact on the state’s assets by officials and authorities but has become a pretext for political persecution. EDS is one of the most common offenses within a society that idolizes the State and tends…
