Juan Carlos Salinas, El Deber: Entrepreneurs see five factors aggravating the economic crisis in Bolivia Five factors that are accumulating one after another are a cause for concern for entrepreneurs who believe that if they are not addressed, the country’s economic problems will worsen. In addition to the shortage of dollars, which dates back to…
Tag: ineptocracy
Dollar shortage: a time bomb | Escasez de dólares: una bomba de tiempo
Editorial, El Deber: An old saying says that “There is no deadline that is not met nor debt that is not paid”, and it can well be applied to the Bolivian reality. The fall in gas exports, restrictions on the sale of agricultural products, the reduction to zero of foreign investment and the increase in…
How Socialist Bolivia Is Trying To Cash In On Lithium, To The Benefit Of China | Cómo la Bolivia socialista está tratando de sacar provecho del litio, en beneficio de China
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…
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,…
