For those of you not following earlier posts on this subject, will realize that this venture was doomed from the beginning: lack of enforcing contractual terms from day one on both sides; not-so-clear contract awarding to Jindal; and a highly visible political issue between Santa Cruz and central government. Walter Vasquez reports for La Razon:…
Category: Energy
Bolivian Macroeconomics 101: Foreign debt continues to rise and fewer investments arrive
Despite disdaining remarks on economic reality and ‘appearance’ of success, current government’s failures are becoming increasingly harder to hide. Yandira Toledo writes for El Dia: The debt continues rising, offsetting the investment in the country. According to the report in the monthly State of the external debt of the Central Bank of Bolivia from January 1…
Bolivia to repeat the failures of Venezuela…
This news is written by Roberto Mendez and appears in El Dia, it reports the reaction of one of the so-recent-opposition-and-former-ally of current government. I believe that its a dangerous political move of MSM if they really want to amend their former mistakes when they were part of current government. We have witnessed Venezuelan failures…
El Mutun’s uncertain development…, May 2012
El Mutun’s future is uncertain, thousand of jobs will continue to be non-existent and the dream of a metallurgy is fading away like a bad mirage. This cartoon is from Los Tiempos, May 9, 2012: Title: “Jindal is looking for a new contract on the Mutun” boy: “dad, is it fair or not that Jindal…
Spain to Bolivia: “have respect to our investments”
Could be diplomatically, could be just Spain, but it reflects how anyone would feel against someone who does not comply with agreements, someone who feels the world “owes” them so much, someone who has very little self-esteem. As reported by Pagina Siete: The Secretary of State for international cooperation and for Latin America of the…
Hectic politics during May 2012…
At least three main nationwide conflicts and a very visible ongoing TIPNIS saga are the frustrating Bolivian showcase during the last six weeks or so: This is from Los Tiempos, April 25, 2012: kid: “in Chile, president Piñera has inaugurated a program called ‘one story per day’, to boost ‘lecture among children, preferably to be…
Bolivian Thoughts | Pensamientos Bolivianos (Bilingual/Bilingüe) 