Takeover becomes nationalization of a Glencore mine concession

As a result of blockades and pressures, the government has shown, one more time, the worst possible scenario at a time when they also want to attract foreign capital. Jindal is on their way out, and some government officials were saying other companies will be hired… Current Bolivian president is on a trip to Europe…

Michael Sayman is 15 and has sold over a million Apple apps – UPDATED June 2014

UPDATE: Over this summer, Michael at 17, will be the youngest employee at Facebook! June 9, 2014. Read more in the following link: http://www.eldeber.com.bo/Tecnologia/boliviano-sera-el-trabajador-mas-joven-de-facebook/140605233649 Original post, started below: Bolivian blood has proven, one more time, to be excellence worldwide! Remember Rachel Welch? she had a Bolivian father; Michael Sayman also has a Bolivian father, story…

What happens when a government nationalizes private ventures?

Milenio Foundation is a very reputable and serious think tank in Bolivia. They just published their Report “New nationalization cycle” No.150, dated June 8, 2012. To nationalize is to capture private companies and convert them to state-owned; in Spanish it is also called ‘estatizaciones’. The conclusions of this report follow: Conclusions The estimated cost of…

Bolivia has 30 varieties of Quinoa!!

At last some positive news! We have a very rich wildlife which as is in this case. These varieties could provide us with the comparative advantage we need to sell our products overseas. Not so long ago a European producer advertised they were getting a fine vodka liquor out of quinoa; I know there are…

How efficient is current central Bolivian government?

Current political party in government is over six years in power, the current leader for the chapare coca growers, who is also our president keeps saying he is learning about the problems, about the solutions; in fact he shows a peculiar style to “market” himself to the people who are willing to take his word….