By Oscar Antezana: THE WORLD AFTER HORMUZ The closure of the Strait of Hormuz—the artery through which nearly one-fifth of the world’s oil flows—not only drove up energy prices. It disrupted supply chains, accelerated inflation, slowed growth, and forced governments and businesses to rethink strategic decisions that will shape the next decade. Although Washington and…
Tag: government failures
Fuel Crisis, Calls for Shock Reforms | Crisis de Combustibles, Reformas de Choque
By Lourdes Molina, El Deber: Former Minister Ríos Suggests Ending Fuel Subsidies and Reforming Hydrocarbons Law to Solve Supply Crisis Two weeks after all roadblocks from the 53-day conflict were lifted, long lines of vehicles continue at gas stations across Bolivia in search of fuel. Former Hydrocarbons Minister Álvaro Ríos believes the only lasting solution to the…
Unacceptable Lack of Self-Criticism | Inaceptable ausencia de autocrítica
Editorial, El Diario: After more than fifty days of violent protest marches and brutal road blockades, a period of calm has finally arrived for most of the population affected by such pressure tactics. The city of La Paz has been particularly harmed, as it is frequently a center of social unrest due to its status…
Three Factors Will Shape the Course of Private Fuel Imports | Tres factores marcan el rumbo de la importación privada de carburantes
By Erika Segales, El Deber: Fuel supply lines continue, mainly in the country’s central axis. / Photo: Ricardo Montero The opening of the fuel market represents a significant change aimed at ending the monopoly and reducing pressure on international reserves, but it requires dollars, efficient logistics, and clear regulations The availability of U.S. dollars, logistics…
Private Fuel Sales, Prices to Follow Global Markets | Venta de Combustible Privado, con Precios Según el Mercado Mundial
By Unitel: Fuel Stations Project Start of Sales of Privately Imported Fuel “as Early as August 6” The price of fuel imported by private companies will be variable and will depend on international market conditions, according to Asosur Lines at service stations A new decree allowing private companies to import fuel puts an end to…
MAS Burned Reserves to Defend Dollar Peg | MAS quemó reservas para sostener el tipo de cambio
By Milton Condori, Vision 360: MAS Government Used International Reserves to Sustain the Fixed Exchange Rate for 15 Years, Analysts Say That exchange-rate regime dates back to 2011 and remained in force during the time the governments of the blue party were in power. This week, the government of Rodrigo Paz abolished it. The exchange…
