By Juan Carlos Salinas, El Deber: PURCHASING POWER The purchasing power of the boliviano is losing ground /Photo: ABI The loss of the boliviano’s purchasing power since 2024 has already reached 50%. The foreign currency is trading at Bs 15.17. According to the latest study (2023) by the International Labour Organization (ILO), Bolivia has a…
Tag: ineptocracy
Crisis clouds May 1st: more inflation, less employment | Crisis opaca el 1 de mayo, hay más inflación y menos empleo
By Leonel Suárez, El Pais: While official events are being prepared in Tarija to highlight the historical struggle of the working class, the economic backdrop is clear. The College of Economists confirms the loss of purchasing power The crisis has increased informal employment in the country This May 1st, Bolivia commemorates International Workers’ Day in…
Beginning crisis with rise in parallel dollar | Comienza la crisis con incremento del dólar paralelo
By Leyla Mendieta Cruz, Unitel: “The crisis is beginning,” says Cadex regarding the rise of the parallel dollar The president of the Chamber of Exporters, Logistics and Investment Promotion of Santa Cruz (Cadex), Oswaldo Barriga, insisted that it is necessary to change the economic model and to authorize exports of products that are currently restricted…
80% of the population will NOT receive the salary increase, yet we pay double for bread | 80 % de la población NO recibirá aumento salarial, sin embargo pagamos pan al doble
By Marisol Alvarado, Vision 360: President of Cainco says 80% of the population does not receive the salary increase but does pay more for bread This Monday it was announced that the increase to the National Minimum Wage will be 10%, raising the amount from Bs 2,500 to Bs 2,750, while the base salary will…
The Popularity of “Social Justice” | La popularidad de la “justicia social”
By Antonio Saravia, Vision360: Feelings matter, they are real, and they cannot be dismissed in the process of social construction. Ignoring them, especially in the political process and the development of economic policies, can be fatal for the building of a society that grants increasing freedoms to the individual. I have often criticized in this…
Nothing ever ran out; the government’s model was always a failure | No se agotó nada; el modelo del gobierno siempre fue un fracaso
By Carlos Valverde, El Deber: Hearing opposition politicians and even businesspeople repeat the mantra that “the government’s or MAS’s model in power has run its course” is concerning, because it gives the impression that they actually believed that 21st Century Socialism ever had the possibility of generating surpluses and capital based on its ideas and…
Bolivian Thoughts | Pensamientos Bolivianos (Bilingual/Bilingüe) 