By Marisol Alvarado, Vision 360: President of Cainco says 80% of the population does not receive the salary increase but does pay more for bread This Monday it was announced that the increase to the National Minimum Wage will be 10%, raising the amount from Bs 2,500 to Bs 2,750, while the base salary will…
Tag: inflation
The Worst Legacy of MAS | El peor legado del MAS
Editorial, El Día: In Bolivia, it is not only the economy that has been impoverished; the mind has been impoverished too. While the official narrative boasts of “inclusion” and “redistribution,” what the Movimiento al Socialismo has truly sown during almost two decades in power is a mentality of dependence, resignation, and conformity: a true poverty…
Nothing ever ran out; the government’s model was always a failure | No se agotó nada; el modelo del gobierno siempre fue un fracaso
By Carlos Valverde, El Deber: Hearing opposition politicians and even businesspeople repeat the mantra that “the government’s or MAS’s model in power has run its course” is concerning, because it gives the impression that they actually believed that 21st Century Socialism ever had the possibility of generating surpluses and capital based on its ideas and…
Banks set $100 as the maximum withdrawal from dollar accounts | Bancos fijan $us 100 como retiro máximo en cuentas en dólares
By Brújula Digital: Brújula Digital visited five banks, where staff reported that the maximum withdrawal amount is limited to $100 for at least one week Reference image. Photo: Social Media Banking institutions set the amount of 100 dollars as the maximum withdrawal for people who have dollar accounts. Brújula Digital visited on Friday Banco de…
The crypto dollar exposes Bolivia’s economic collapse | El dólar cripto desnuda el colapso económico boliviano
By Dennys Peredo Borda, Eju.tv: On the morning of April 25, I logged into Binance’s P2P market (a peer-to-peer exchange platform that allows direct buying and selling of cryptocurrencies) and observed that the USDT (crypto dollar) jumped from Bs 14.00 to Bs 14.25 within a matter of hours. This abrupt increase reflects a trend that…
The subsidy was a business for the MAS | La subvención fue un negocio masista
By ANF, Eju.tv: Oil workers’ leader: Even if they kill me, the people know that the subsidy was a business for the governments The leader of the National Confederation of Oil Workers, Ludwig Sánchez, announced that he will soon present information about the apparent overpricing in the importation of fuel to Bolivia before the Commission…
Bolivian Thoughts | Pensamientos Bolivianos (Bilingual/Bilingüe) 