El Diario: In his management report LUIS ARCE CATACORA YESTERDAY DURING HIS INTERVENTION AT THE ALP. PHOTO: RRSS In his three-year speech, the President of the State, Luis Arce Catacora, avoided mentioning the fall in reserves and confirmed the slowdown of the economy, from 4.8% to 3%. Economists called the report half-truths. The report presented…
Category: Business
Neither coke nor soy. The forest is not touched | Ni coca ni soya. El bosque no se toca
H.C.F. Mansilla, Los Tiempos: This slogan, chanted in a modest public demonstration on October 25, 2023 by urban youth groups, represents one of the few testimonies of sociopolitical rationality that has been heard in recent times. The expression refers equally to traditional peasant groups and modern private entrepreneurs as those responsible for forest fires. Irrationality—the…
Would Petrobras risk to invest with the masismo? | ¿Se arriesgaría Petrobras a invertir con el masismo?
Reuters: Brazil’s Petrobras says no deal for fertilizer plant in Bolivia SAO PAULO, Oct 26 (Reuters) – Brazilian state-run oil company Petrobras (PETR4.SA) said on Thursday it has not reached any deal with Bolivia’s YPFB on potentially building a new fertilizer plant in the neighboring country. The statement in a securities filing comes a day…
Lack of information increases country risk level | Carencia de información eleva nivel de riesgo país
El Diario: Lack of economic information increases Bolivia’s country risk The lack of information on international reserves, of the Gross Domestic Product (GDP), added to the shortage of dollars generates distrust at the international level and causes an increase in the level of country risk. Meanwhile, the Government assures that Bolivia has positive economic indicators…
Parallel dollar, the new normal | Dólar paralelo, la nueva normalidad
Editorial, Los Tiempos: For the Government there is no shortage of dollars, only a “speculation” that has lasted seven months, although everything is now “normalizing.” At least those were the last statements to the press, last Saturday, by the Minister of Economy, Marcelo Montenegro. However, a report from this press media confirms what is “an…
Bonanza? The tale of filled restaurants | El cuento de los restaurantes llenos
Editorial, El Dia: The Bolivian economy faces a threat that cannot be ignored, much less disguised with the story that we are fine because the restaurants are full. We are talking about the overwhelming weight of public debt. The numbers are alarming and deserve responsible attention from the authorities. A recent study reveals that the…
