Mineral prices at the London Metal exchange have slightly gone up for tin. However, lead and zinc remain low. For Bolivia, these three minerals represent: employment and income for a large portion of the most organized union in Bolivia. The mining workers at the state-owned mines, private and coops are a labor force in the Bolivian…
Tag: economics
Status of electricity availability in Bolivia… or lack of…?
Pagina Siete: Guaracachi was supposed to generate electricity (82 MW) to the national system, by 11/01/2010. Because of that “delay,” the Authority for Electricity (AE) has established a fine of 939 thousand Bolivianos, because the generating unit Guaracachi 12 is not ready. The original budget for this combined cycle was 40 million dollars without taxes, insurance. In September…
Bolivian inflation this year: 2011
La Razon, using data from the National Institute for Statistics (INE) has produced the following chart: As of September, inflation this year is 5.54%, very close to the yearly estimated inflation current government expected to be 6% for this year. Armando Mendez, a highly respected Bolivian economist (and former Central Bank President) estimates that this…
Bolivia’s worker union on strike for 48 hours
The Bolivian Workers’ Union (COB) said that the 48 hour strike nationwide will commence this Thursday and end by COB Friday, October 7th. There are two reasons for such strike, the first one is related to the additional 1% salary increase that the government should have authorized by September, now there are some groups (public…
Briefs: strikes, blockades; agriculture; blackouts; TIPNIS
Strikes and blockades: Roads in Tarija are blocked today; the major Workers Union (COB) is calling for a 48 hour strike, starting this Thursday (pending issues with the government); yesterday Cochabamba – La Paz road was blocked near kilometer 7 in Cochabamba as the population did not want a water treatment plant there. Agriculture: Prices for soy;…
Bolivian Thoughts | Pensamientos Bolivianos (Bilingual/Bilingüe) 