From Banknotes to Cellphones: Digital Payments Redraw Bolivia’s Economy | Del billete al celular: pagos digitales redibujan la economía boliviana

By Juan Carlos Salinas, El Deber: The country processes 28 QR payments per second and the use of physical cash continues to steadily decline. From markets to taxis, payment habits are changing rapidly. Financial interoperability is key. The scene repeats itself thousands of times a day in Bolivia; only the protagonist changes. It could be…

“The rock weighed more than the future” | “La piedra pesó más que el futuro”

By El Deber: “The rock weighed more than the future”: Cainco’s harsh criticism at the opening of the WCF Americas Summit Before leaders from five continents, Jean Pierre Antelo contrasted the “Bolivia that produces” with the Bolivia of road blockades. There were strong criticisms of paralysis and political inaction. The highways connecting Bolivia today display the same…

Pay for Production | Pago por Producción

By Erbol: THE CURRENT ONE HARMS THEM Microentrepreneurs prepare labor law proposal based on the premise that payment should be tied to production Leader Guillermo Chávez explains the characteristics of the proposal. The microenterprise sector is drafting a new Labor Law that adapts to modern times and production methods, because it believes the current regulation…

Cheap Power, Low Wages | Energía Barata, Salarios Bajos

By ElPais.bo: “Borrowed Light: Bolivia’s Energy Crossroads,” Part 2 Cheap Energy, Low Wages: The Hidden Cost of Electricity Subsidies While Bolivia maintains the lowest electricity rates in South America, average wages are up to three times lower than in Chile or Uruguay. Energy subsidies do not reduce poverty: they reproduce it by concealing the real…