Bolivian gov flunked: Exports fall further and trade deficit soars

Pagina Siete reports via hoybolivia.com: Exports fall further and trade deficit soars The value of domestic exports until July continued its downward trend and decreased by 26% compared to 2015, while the trade deficit soared, according to the National Statistics Institute (INE). The figures show that in the first seven months of last year sales…

What will happen to the archaeological heritage of El Bala?

Pablo Solon reports for Pagina Siete: What will happen to the archaeological heritage of El Bala? The study by Geodata identified four archaeological sites in the area of the Hydroelectric Project El Bala, is an area of high “archaeological sensitivity”. According annexes to the environmental document of Chepete obtained by ANF and the Solon Foundation…

Bolivia has no environmental awareness!

This cartoon from El Diario, shows our lousy and pitiful reality under this cocalero government that bragged about environmental protection! This government allowed mining cooperatives to mine everywhere and without any environmental remediation nor mitigation plans. Along the same guidelines, and given the prices of our commodity exports fell sharply is now trying to get…

The Bolivian Incentives’ Act is certainly not for real and unattractive!

Pagina Siete reports: They claim that the Incentives’ Act is not attractive The 767 Promotion Law for Investment in Hydrocarbon Exploration and Exploitation is not “very” attractive to attract foreign investment to the country, said CEDLA researcher, Carlos Arze. “There are many ways by which foreign investment is determined, Incentives Act seems to be not…

Argentina’s YPF inks deal to explore for gas in Bolivia

EFE reports in Latino Fox News: Argentina’s YPF inks deal to explore for gas in Bolivia SANTA CRUZ – Argentine state-controlled energy company YPF signed an agreement Wednesday with Bolivian counterpart YPFB to explore an area of eastern Bolivia with potential natural gas reserves totaling 2.7 trillion cubic feet. YPFB CEO Guillermo Acha and YPF’s…

Jubileo: Bolivia has no capacity to meet demand for gas

Pagina Siete reports: Jubileo: Bolivia has no capacity to meet demand for gas In the event that Brazil and Argentina demanded the maximum volumes of natural gas that allows them to contract simultaneously, Bolivia currently is not able to meet this demand, which is opposed to the idea of turning the country into a regional…