Bolivia to experience dollar black market due to governmental inefficiencies

An  important warning that current government should consider seriously as in the past, the black market on dollar exchange has caused inflation, speculation and less competitiveness to our economic activities. From Los Tiempos: BY TAX BURDEN | The national private banking provides that it will have to abandon the sale of foreign currency because of…

Bolivian current gov is being known for its “hostile political gesture”

El Diario reports: Concern about unfinished processes in Bolivia Spain sees as “hostile political gesture”, the nationalization of their companies Ambassador calls on the authorities, “conclude the process of nationalization in reasonable times and that they substantiate without cause political costs and without being extended indefinitely”. The Government of Spain has transmitted its concern regarding…

Bolivia History 101: Bolivia owes its freedom and independence to Medinaceli

Victor Hugo Medinaceli writes for El Diario: Battle of Tumusla, April 1, 1825 Bolivia owes its freedom and independence to Medinaceli The battle of Tumusla, performed on April 1, 1825, is a consequence of the Declaration of war made by the potosino Colonel Carlos Medinaceli Lizarazu to Spanish General Pedro Antonio Olañeta, three months before…

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…