By Marco Antonio Chuquimia, El Deber: Bolivia Verifica uncovers Bs 200,000 social media campaign against Tuto and Samuel Investigators reached the page administrators, who then chose to go into hiding An investigation published by the portal Bolivia Verifica revealed that between May and July of this year, a social media campaign was carried out with a Bs…
Tag: bad politics
The national minimum wage is devalued against the parallel dollar | El salario mínimo nacional se devalúa frente al dólar paralelo
By El Diario: Despite the 5% wage increase set by the government for this year, from 2,500 to 2,750 bolivianos, the widening gap between the official and parallel exchange rates has caused a 50% devaluation. A few days ago, Bloomberg reported that Bolivia’s national minimum wage is the third lowest in the region using the…
The Cynicism in MAS | El cinismo en el MAS
By Carlos Toranzo, Brújula Digital: Evo Morales blocked the country’s roads. What did he want? According to him: the enforcement of the Constitution, a clean and independent judiciary, no judicial coup, that the government not use the justice system as a political weapon against the opposition, and that there be rule of law. It takes…
Bolivia has remained a lower-middle-income country for 37 years, despite the gas boom | Bolivia lleva 37 años estancada como país de ingreso medio bajo, pese al boom del gas
By Ernesto Estremadoiro, El Deber: The country remains stuck in the World Bank ranking / Photo: Ricardo Montero Since 1987, Bolivia has remained in the lower-middle-income category, according to the World Bank. While neighbors like Peru and Paraguay climb positions, the country still hasn’t broken through the development ceiling. In 1987, Bolivia was classified as…
Bolivian economy faces more risks than solutions | Economía boliviana con más riesgos que soluciones
By El Diario: Bolivia needs around $800 million to purchase fuel, while debt payments are close to that amount. Following President Luis Arce Catacora’s statements that the country “lives day to day” due to the lack of dollars—along with the downgrade by Standard & Poor’s (S&P)—Bolivia’s economy remains at risk regarding debt payments and fuel…
Arce Admits the Dollar May Never Return to Official Rate | Arce admite que el dólar quizás nunca vuelva al tipo oficial
By Brújula Digital: President Arce says it is “likely” that the dollar will not return to the official exchange rate The president said that among the reasons making it unlikely for the dollar to return to the official exchange rate is “planet-wide” inflation. He ruled out a devaluation of the national currency. President Luis Arce…
Bolivian Thoughts | Pensamientos Bolivianos (Bilingual/Bilingüe) 