La Prensa reports: ELECTRICITY GENERATION CAPACITY REACHED 1,642 Megawatts Hydrocarbons Minister Juan Jose Sosa, reported that electricity generation capacity reached 1,642 megawatts (MW), representing more than 300 MW of reserve. “This is the maximum potential we have to deliver and demand is between 1,250 and 1,300 megawatts.” http://www.laprensa.com.bo/diario/actualidad/economia/20150117/capacidad-de-generacion-electrica-llego-a-1642_64017_106162.html As long as Bolivia continues to use…
Tag: demagogue
Former Bolivian Presidents Face Criminal Charges over Privatization
Rebeca Morla reports for PanAmPost: Former Bolivian Presidents Face Criminal Charges over Privatization Chairman Adolfo Mendoza Anticipates High Treason Indictment for Capitalists. The Plurinational Legislative Assembly of Bolivia (ALP) will prosecute Gonzalo Sánchez de Lozada (1993-1997 and 2002-2003), Jaime Paz Zamora (1989-1993), and Jorge Quiroga (2001-2002), the three former presidents who privatized public enterprises in…
Bolivia: Due to excessive rain, orange alert in seven rivers
El Dia reports: 12 deaths to date Orange alert in seven rivers in the country Showers. The Ichilo, Mamore, Rio Grande, Madre de Dios, Acre and Tijamuchi are growing. The director of Emergency and Relief of Civil Defense, Reynaldo Pinola, reported yesterday [01/14/2015] that orange alert was declared at least in seven rivers in the…
Bolivian government begins to crumble as they failed with economic policies
Humberto Vacaflor writes in El Diario: Memories from the present The “opinion makers” win The side of the “opinion makers” [pundits] as the minister of economy calls them, to those who warn severity of the coming crisis, is gaining popularity. Last week, President Evo Morales passed to the ranks of the “pundits” and, in that…
2014 food inflation in Bolivia
El Diario reports: 2014 Jubileo Foundation Evaluation: Food inflation reached 6.9% in 2014, average food prices rose by 6.9%, according to a report published yesterday by the Jubileo Foundation and released by Radio Fides. According to the data, this rate is lower than that achieved in 2013, when the variation was 10.4% and higher than…
Could the masismo confront successfully another economic situation?
Carlos Tornado writes in Pagina Siete: Another economic situation? When Evo Morales rose to power, many analysts said the mismanagement of the economy could get him out of his presidential chair, but nine years passed and the President is firmly seated in power. What happens is that they failed to see that the world economy,…
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