Bolivian National Emblem under jeopardy: Cerro Rico of Potosi

Bolivians look almost daily at the Cerro Rico de Potosi (rich mountain) in our code of arms, in our coins… yet very few of us realize that this national emblem can be lost… ANF reports and printed in La Opinion: THE CONTRACTED COMPANY HAS NINE MONTHS TO WORK. The Government already disbursed Bs10 million for…

Bolivian Mining tax 101: zero over zero, equal zero

Henry Oporto writes in Pagina Siete: Mining tax: zero over zero, equal zero The Ministry of mines, through its director of Legal Affairs Juan Carlos Carrasco, has confirmed that they want a 55% stake in mining projects operated by private utilities for Comibol. Percentage which would be set for contracts of Association of the State…

And this is how Bolivia intends to boost employment and fight poverty… nationalizations?!

Pagina Siete reports on the “achievements” of current central government’s doings… or wrongdoings??!! Nationalizations The country is facing at least 13 international arbitrations The Attorney general of the State, Hugo Raúl Montero, reported yesterday that there are at least 13 processes of arbitration faced by Bolivia for the nationalization of transnational corporations. The Authority said…

Bolivian nationalizations like Mallku Khota are useless!!!

Current Bolivian government likes to pose as populist, socialist, lover and protector of mother earth and other useful demagogue poses… however, that does little to bring food to the Bolivian table. Mallku Khota was taken over by force by a group of individuals who thought anarchy would pay off and that current government was gone…