By El Diario: Despite the continued decline of the U.S. dollar on the parallel market, most products that saw price hikes when the dollar rose have not decreased in cost. This situation worries consumers, as key goods remain expensive. Some senators have welcomed the drop in the foreign currency’s value on the black market but…
Category: Economics
We’ll miss you, Lucho | Te extrañaremos, Lucho
Editorial, El Día: As unbelievable as it may seem, we’re going to miss you, Lucho. Not because your administration was good, or because your time in power left anything other than debt, shortages, inflation, and a fractured country. We’ll miss you because, when we hit rock bottom —the one you’ve dug with your own hands,…
Fuel Supply Chaos | Caos en el Suministro de Combustible
By Erika Ibáñez, La Razón; Eju.tv: Fuel: CAO says the situation has gone ‘from irresponsibility to negligence’ The president of the CAO said that the entire productive chain is deteriorated and that, as a result of the shortage, a black market has emerged where fuel is being sold for more than Bs 14 per liter….
Parallel Exchange Rate: Will the Parallel Dollar Keep Falling? Here’s What an Expert Says | Cotización paralela: ¿Seguirá bajando el dólar paralelo? Esto dice un especialista
By Unitel: “We’ve crossed a psychological barrier,” said expert Enrique Borda after the parallel dollar exchange rate on the streets fell below Bs 14 this Wednesday. Reference photo The parallel dollar showed a downward trend on Wednesday, with exchange rates in Santa Cruz reaching Bs 13.50 for buying and Bs 13.90 for selling. Economic analyst…
Bolivia Has No International Power Over Cryptocurrency Use | El país no tiene poder internacional en uso de criptomonedas
By Los Tiempos: ASFI Acknowledges Bolivia Has No International Power Over Cryptocurrency Use Cryptocurrency use is growing around the world. | Economia3.com After Bolivia’s Central Bank (BCB) approved the use of cryptocurrencies in the country for transactions, the Financial System Supervisory Authority (ASFI) took another step by enacting regulations for the operation of financial technology…
“Neither more State nor less State”: more of the same | “Ni más Estado ni menos Estado”: más de lo mismo
Editorial, El Diario: The government plan of Andrónico, the MAS member who currently leads in voting intention according to the polls, can be summed up in a phrase he often repeats in the few interviews he grants: “Neither more State nor less State.” For the perceptive listener, this means “More of the same.” Considering that…
Bolivian Thoughts | Pensamientos Bolivianos (Bilingual/Bilingüe) 