By El Diario: Analyst warns Echoing opinions that view recent statements by President Luis Arce Catacora as a confession of the country’s delicate economic state, analyst and university professor Julio Alvarado stated that the president contradicts himself by denying the crisis while acknowledging uncertainty over the internal fuel supply, a situation that only points to…
Tag: ineptocracy
Bolivia: la nueva frontera para las pequeñas empresas crypto | the new frontier for small crypto enterprises
Por Cryptonomist: En Bolivia, las crypto están rápidamente convirtiéndose en una solución innovadora para las pequeñas empresas que enfrentan desafíos económicos e inestabilidad cambiaria. Esta tendencia, en crecimiento en 2024, refleja un cambio más amplio a nivel regional en América Latina hacia el uso de activos digitales para eludir sistemas bancarios tradicionales y defenderse de la inflación. La difusión de las…
IATA: Bolivia Fuel Crisis Hits Flights | Vuelos en Riesgo por Combustible
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…
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…
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…
Bolivian Thoughts | Pensamientos Bolivianos (Bilingual/Bilingüe) 