By Fernando Chávez, Visión 360: IATA denounces Bolivian government over fuel shortage and warns air operations are at risk “If the regular supply of fuel is not restored immediately, airlines could be forced to cancel their services,” the organization warns. An airplane at an airport terminal in an archive image. Photo: LOG.co The International Air…
Tag: demagogue
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…
They’re leaving | Se van
By Sayuri Loza, Brújula Digital: The latest polls published by various media outlets show a low voting intention for the offspring of the once-hegemonic MAS. Some voices, naively triumphant, proclaim that the runoff will be between Tuto and Samuel, leaving the “left” behind. I don’t want to be that optimistic. My dance teacher (who has…
Cost of living skyrockets and uncertainty grows | Costo de vida se dispara y crece la incertidumbre
By El Deber: INFLATION The Bolivian currency has lost value against the U.S. dollar. Economists predict that June’s inflation will surpass May’s record and climb to 23% year-over-year. When a country’s inflation exceeds double digits, purchasing power quickly begins to erode. This phenomenon is not just a theoretical concern: it means that what can be…
Bloomberg projects year-on-year inflation of 22% through June | Bloomberg proyecta una inflación interanual de 22% hasta junio
By Daniel Zenteno, La Razón: The international outlet warns that prices will continue to rise due to internal crisis, dollar shortages, and social conflicts. Price increases cause inflation. Photo: Archive Inflation in Bolivia reached its highest level in 34 years this May, and all signs indicate the trend will continue upward. According to projections gathered…
