By Jorge Soruco, Vision 360: Agricultural producers demand actions to protect the economy and claim that “Arce’s legacy is a house of cards” The National Agricultural Confederation states that the measures implemented both by the current government and its predecessors have been irresponsible and have only contributed to dismantling the national economy. Representatives of Confeagro…
Tag: ineptocracy
Reservas de oro de Bolivia: controversia por las ventas anticipadas del Banco Central | Bolivia’s gold reserves: controversy over Central Bank’s advance sales
Por Mar Puig, UPI: Bolivia posee oficialmente unas 24,1 toneladas de oro, pero solo el 9% —poco más de 2 toneladas— está almacenado en el país. El resto se guarda en bancos extranjeros. Foto: chiplanay/Pixabay Sep. 22 (UPI) — Bolivia enfrenta un creciente debate sobre el manejo de sus reservas de oro luego de que el…
Former Minister: “The next government must bring $5 billion to resolve the first year of its term, just in the energy sector” | Exministro: “El próximo Gobierno tiene que venir con $us 5.000 millones para resolver el primer año de su mandato, solo en materia energética”
By Unitel: Álvaro Ríos believes the next administration will face a “titanic task” to resolve the energy crisis and will need to bring in “a lot of cash” to supply the country with fuel. Former Hydrocarbons Minister Álvaro Ríos expressed concern over the fuel crisis Bolivia is going through and criticized the Government’s response, pointing…
The Shamelessness of the Central Bank | La sinvergüenzura del Banco Central
By Antonio Saravia, Visión 360: The authorities squandered everything over two decades, and in the end, we will be the ones paying the bill. Very difficult times are coming, and the new government will have a hard time. The Central Bank has been signing futures contracts for the sale of a total of 8.4 tons…
Los contratos de oro de Bolivia compran tiempo pero atan al próximo gobierno | Bolivia’s Gold Forwards Buy Time but Bind the Next Government
Por The Latin American Post Staff: Bolivia convirtió el oro en un respiro, levantando casi mil millones de dólares mediante contratos a futuro y coberturas para evitar un default. La jugada alivia la crisis de hoy, pero deja al próximo gobierno la carga de entregas, riesgos legales y sombras ambientales. El oro como salvavidas En…
The president who squandered the most gold in Bolivia | El presidente que más oro dilapidó en Bolivia
By Gonzalo Colque, Visión 360: Víctor Paz, Luis Arce and the Gold Reserves The president forged in the storms of 20th-century Bolivia faced the crisis with the conviction that touching the gold reserves meant not only mortgaging the country’s last economic lifeline but also committing a desperate act, one unworthy of the presidential office. Víctor…
