Editorial Pagina Siete: Fitch Ratings has downgraded Bolivia’s credit rating from B to B- and has changed the outlook to negative from stable. This is bad news for the country because it will reduce its chances of obtaining external financing and attracting investment; however, beyond that fact, it is a lapidary report because it destroys,…
Tag: government failures
Acute crisis of confidence – Aguda crisis de confianza
Editorial, Los Tiempos: The Government of Luis Arce is going through perhaps the most critical trance of his two years and four months in office. The teachers’ protests, which are announcing that they are getting worse, the roadblocks in three departments, which do not seem close to an end, and the political pressures that it…
It’s the economy, it’s not politics – Es la economía, no es la política
Editorial, El Deber: Bolivia is going through moments of uncertainty due to the economic situation. The slow and forceful fall of the Net International Reserves (NIR), together with the lack of transparency in the information provided by the Government, left a climate of fear and doubts among the citizens, in addition to affecting imports and…
The MAS and violence – El MAS y la violencia
Editorial, Los Tiempos: In less than two weeks, in Potosí, two MAS militants, one a mayor official and the other a deputy, were the object of violent attacks perpetrated by their supporters. It might seem that these are isolated events, but the context of these attacks and the long series of similar events carried out…
The atrocity of mercury in mining – La atrocidad del mercurio en la minería
Mongabay: Struggles loom as Bolivia prepares new plan to clean up its mercury problem by Maxwell Radwin on 9 March 2023 Bolivia’s failure to combat illegal gold mining generated a heated national debate last year. Numerous news sites published investigations into deforestation, pollution and corruption tied to the mining industry, while leading officials in congress and the UN made public…
Central government denies reality – Gobierno central niega la realidad
Editorial, El Deber: Clean up the economy Time passes and cycles run out. The worst thing is to cling to what was without accepting that reality is now different. Eleven years ago, in 2014, the Bolivian economy was buoyant, revenues from gas exports poured in non-stop, and government spokesmen claimed that the economic model was…
