By El Diario: The currency is above Bs 11 Parallel exchange rates emerge due to the Central Bank of Bolivia’s (BCB) inability to implement an effective exchange rate policy caused by a lack of reserves. As a result, most economic transactions are conducted using the dollar quoted in the parallel market, which remains above 11…
Tag: ineptocracy
Skepticism About Unity | El escepticismo sobre la unidad
By Carlos Toranzo Roca, Brujula Digital: I believe that we Bolivians, especially those from the western region, are closer to pessimism than optimism. However, both in the east and among the Collas, we share skepticism about politics and what politicians do. The conduct of most of them, for decades, has led Bolivians to distrust their…
An indicator of market confidence in a country’s ability to manage its economy | Indicador de la confianza que el mercado tiene en la capacidad de un país para manejar su economía
Editorial, El Deber: Fitch Ratings and the Lack of Transparency in Bolivia Fitch Ratings’ recent downgrade of Bolivia’s credit rating to “CCC-” has raised concerns about the country’s economic health. This decision, which signals increased risk for investors and financial institutions, highlights the urgent need for corrective measures in the government’s economic and fiscal policies….
Forsaken | Entregados
Editorial, El Dia: An outsider looking at Bolivia’s geopolitical makeup would find it unbelievable. The most populous department in the country, the strongest economically, the one that contributes the most in taxes, responsible for a third of the national GDP, producing 70% of the country’s food, the most industrialized, the top exporter, the melting pot…
Blockades and Barbarism | Bloqueos y barbarie
Editorial, Los Tiempos: The blockade of public roads as a form of sectoral protest in Bolivia is a pressure tactic that—due to its frequency, the manner in which it is applied, and, in some cases, the reasons behind it—seems to deviate from the legitimate right that justifies it. This is even more evident when such…
Ingenuamente, el presidente boliviano Luis Arce celebró la firma del contrato con entusiasmo | Naively, the Bolivian president Luis Arce welcomed the signing of the contract
Por Joseph Baselice, FirstOnLine: China también compra el Salar de Uyuni y accede al litio boliviano Pekín está invirtiendo más de $1.000 millones en dos fábricas que se construirán en el mayor (y más alto) salar del mundo, en los Andes: extraerá 35 toneladas de litio por año China lleva años colonizando la mitad del…
