Bolivia needs to find more gas & oil

Milenio Foundation has published their report No129 dated January 13, 2012. As it can be seen in the chart to the right, Bolivia has been neglecting exploration of hydrocarbons, and that is absolutely irresponsible!! The blue line shows how irrelevant and absurd is the amount of million dollars assigned for exploration. The green line shows…

Quo Vadis Bolivian government?

Certainly that is a very intriguing question for 2012. This cartoon appeared in El Diario, January 3, 2012. Where is the Bolivian government going to???? Since this political party and current coca-grower and president started to govern, back in 2006, there are many of the “original” members of this government who are no longer there….

Bolivia’s lithium to power electric cars

CCTV [links below are from CNTV] and Dan Collyns report from Uyuni, Potosi – Bolivia: Bolivia set to exploit vast lithium reserve 12-31-2011 08:00 BJT Hidden underneath an enormous extinct salt lake in Bolivia lies the world’s biggest untapped supply of lithium. The country’s president Evo Morales has pledged the exploitation of the mineral will…

Increased arbitrage as a signal of…?

Pagina Siete reports about the increased number of request for arbitrage in Bolivia: According to the center of conciliation and arbitration of Cainco (CCAC), the requests for arbitration and conciliation between parties in conflict have increased in recent years. The Executive Director of that institution, Claudia Paccieri, states that “more and more are the cases…

Jindal’s seeking arbitrage against Bolivian government

El Deber reports today: Arbitration was initiated by Jindal Steel Bolivia (JSB); and it is an antagonistic signal, said Vice President Álvaro García Linera; who asserted that the Government will assume a legal defense. In turn, the Manager of JSB, Jaime Valencia, expected that the measure does not cause conflict with the Bolivian State. García Linera…