By Álvaro Ríos, Brujula Digital: We are only seeing the tip of the iceberg regarding the deep energy crisis in which Bolivia is immersed. I have called it “the Bolivian energy black hole.” A black hole is a finite region of space described in Einstein’s equations, the interior of which has a concentration of mass…
Tag: ineptocracy
Interdicts to govern due to manifest incapacity | Interdictos para gobernar por manifiesta incapacidad
By Karen Longaric, El Deber: Legally, the condition of interdict is defined as “the state of a person who has been judicially declared incapable of exercising certain rights, either by reason of a crime or for another cause provided for by law. This civil phrase is also used to indicate the suspension of office or…
Decline in the economy and fiscal deficit | Caída de la economía y un déficit fiscal
Brújula Digital: Milenio warns of a decline in the economy and a fiscal deficit above 12% Photo: Social Networks The Milenio Foundation warned of a “risky trend of economic decline” in the country and a “worsening of fiscal, monetary, exchange and financial imbalances.” It considers that the fiscal deficit could be above 12% of GDP…
Bolivia: between the exchange rate crisis and political instability | entre la crisis cambiaria y la inestabilidad política
Editorial, El Deber: Bolivia is at a crucial moment, besieged by a deep economic crisis that is aggravated by recent political instability. A discouraging panorama that contrasts with the economic boom of the last decade, when the country experienced an “economic miracle” with annual growth of more than 4% and a notable reduction in poverty….
Contraband challenges the Rule of Law | Contrabando desafía el Estado de Derecho
Editorial, El Deber: Recent attacks on the offices of the National Customs in Santa Cruz and the National Service of Agricultural Health and Food Safety (Senasag) in Yacuiba by violent mobs of smugglers are raising alarms about the alarming situation Bolivia faces in its fight against this scourge. These events not only represent a serious…
Gov Prints Money to Cover Expenses | Gob imprime billetes para cubrir gastos
El Dia: Economist Suspects Government is Printing Money to Cover Expenses Dunn recommended the public to pay close attention to inflation figures. Two weeks ago, the Minister of Economy warned that inflation could rise and, in any case, it would be imported inflation. Economist Jaime Dunn expressed his suspicions that the government, in order to…
