Sergio Herrera Deza, Crunch: Bolivia believes lithium is the new “white gold,” for its role in fueling new technologies. Distrusting Western investments and technology, it’s counting on collaborations with Russia and China. But there will be problems at home that could block it all. View of the new plant for the production of lithium carbonate…
Tag: ineptocracy
Fitch downgrades Bolivia’s rating | Fitch baja la calificación de Bolivia
The Star: Fitch cut the country to CCC from B- after reserves dipped by US$2.1bil last year to just US$1.7bil. — Bloomberg LA PAZ: Bolivia was downgraded further into junk territory by Fitch Ratings, which says falling international reserves threaten the nation’s ability to service its debt. Fitch cut the country to CCC from B-…
Economic disaster | Descalabro económico
El Diario: Bolivia increasingly closer to economic disaster The fall in the Net International Reserves (RIN) of the Central Bank of Bolivia (BCB), the shortage of dollars, fuel and the excessive rise in food prices, a situation that has been going on since the last administration, added to the growing external debt, show a complicated…
Fuel shortage due to drop in production | Escasez de carburantes por caída en la producción
Fundacion Jubileo, Brujula Digital: Jubileo: fuel shortage has nothing to do with blockades, but with the drop in production and over time it will be greater Vehicles line up to buy fuel. Photo: APG The Jubilee Foundation reported this Wednesday that the fuel shortage in the country has nothing to do with the Evista blockade,…
Bolivia drops rating in corruption ranking | Bolivia baja calificación en ranking de corrupción
Transparency International (TI) published yesterday its Corruption Perception Index, where Bolivia appears in 133rd place out of 180 countries, with a rating that has been lowered compared to last year. The index is made on a scale from zero to 100, where zero means that a country’s public sector is perceived as “highly corrupt” and…
In search of a leader | En busca de un líder
Ronald MacLean-Abaroa, Brujula Digital: “…in the face of disaster, some ask: Why?…the free man asks: What do I do?” We look like a lost flock. Those of us who write about the political situation in Bolivia, both reading ourselves, sound like sheep bleating. At first it was like listening to the lost ram, as it…
Bolivian Thoughts | Pensamientos Bolivianos (Bilingual/Bilingüe) 