By Henry Oporto, El Deber: This May 1st, as MAS factions celebrate a new anniversary of the 2006 hydrocarbon nationalization, the country’s demeanor will be different: instead of approval and enthusiasm, a face of frustration and discouragement will likely emerge. The era of illusions has passed; worries and fears now prevail. With the perspective of…
Category: Economics
“There isn’t as much money as before” | “No hay tanta plata como antes”
Editorial, El Deber: “There isn’t as much money in the country as there was before,” was the President Luis Arce’s emphatic statement on Sunday in a rural area. It was the first time he admitted this reality, although he may have regretted it since his Minister of Economy, Marcelo Montenegro, held a press conference yesterday…
MAS admits to having gone bankrupt! | ¡MAS admite haber quebrado!
El Diario: The gas has run out and the Government “does not have money” The President of the State, Luis Arce Catacora, publicly admitted yesterday that “the gas has run out” and that his government no longer has the resources to meet the demands of the population. He insisted that “the right” and the “evista”…
Dangerous denial on economic status | Negación peligrosa sobre el estatus económico
By ANF, Eju.tv: Analyst on Moody’s report: Government’s denial is already dangerous for the country The expert stated that the downgrade in sovereign debt rating is a “very low credit quality rating.” After the report from the rating agency Moody’s, which downgrades Bolivia’s credit rating from Caa1 to Caa3, economist Gabriel Espinoza stated that the…
Economy in bankruptcy | Economía en quiebra
Editorial, El Dia: The Economist is the most prestigious specialized publication in the world. Major billionaires, the most serious governments, and leading global companies make decisions based on its articles and opinions. Luis Arce cannot dismiss them as mere “opinion makers” and “doomsayers,” as he often labels those who have been talking for years about…
The importance of agreeing | La importancia de pactar
By Manfredo Kempff, El Deber: From the very first day of its government, the spearhead of the MAS was to attack democratic freedom. Their main target was what they called “pact democracy,” portraying it as a group of inefficient parties that divvied up power like in a lottery to take advantage of state resources and…
Bolivian Thoughts | Pensamientos Bolivianos (Bilingual/Bilingüe) 