Editorial from Pagina Siete: The day after the virus If we are guided by the experience of other countries in their fight against the coronavirus, in the evolution of infections and deaths, Bolivia seems to be still at the beginning of the fight. There are reasons to believe that sensible measures have been taken in…
Tag: Corona virus
Cerro Rico production stops after nearly 500 years
Paul Harris reports for Mining Journal: Revolution, war, plague and genocide couldn’t stop production from Cerro Rico in Potosi, Bolivia, but COVID-19 has seen it suspended after almost 500 years. Editor’s Note: Mining Journal is making some of its most important coverage of the COVID-19 pandemic freely available to readers. For more coverage, please see…
Bonds, an important palliative – Bonos, un paliativo importante
Editorial from Pagina Siete: Bonds, an important palliative President Jeanine Añez did what was expected: she extended by two weeks the quarantine to prevent the movement of people and, with it, the spread of COVID-19. The logic of the decision is that the country has not yet reached its peak of infection and that, having…
COVID-19: Bolivian street vendors struggle to survive
DW reports: Some 1.5 million Bolivians make a living selling goods on the street. Due to restrictions aimed at curbing coronavirus infections, their income is shrinking drastically. State aid does not reach everyone and is not sufficient to cover even basic needs. [to watch video, click the photo]
AM Best turns negative on Bolivia insurance
Matt Sheehan reports for Reinsurance News: AM Best has revised its market segment outlook on Bolivia’s insurance industry to negative from stable, owing mainly to the coronavirus (COVID-19) pandemic. The rating agency noted that the outbreak has exacerbated Bolivia’s political turmoil and contributed to an overall slowdown in economic activity. In combination with the vulnerable…
IMF Executive Board Approves US$327 Million in Emergency Support to Bolivia to Address the COVID-19 Pandemic
Press release 20/170: April 17, 2020 The IMF approved Bolivia’s request for emergency financial assistance of about US$327 million under the Rapid Financing Instrument to combat the COVID-19 pandemic. This assistance will help Bolivia support urgently required medical spending and relief measures to preserve social protection spending. Additional support from other development partners will also…
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