By Alejandra Hinojosa Eju.tv: The leader from El Alto stated they will ask the government to facilitate the extension of deadlines for paying their bank loans. The Confederation of Market Vendors of Bolivia announced mobilizations for tomorrow in the city of La Paz due to the dollar shortage and the economic crisis the country is facing….
Tag: market failures
Banks Limit Operations in Dollars to Electronic Cards | Bancos limitan operaciones en dólares a tarjetas electrónicas
El Diario: Despite announcements by government authorities regarding the provision of dollars, banks have placed limits on transactions in US currency to cards, a situation that prevents citizens from making their electronic payments for contracted services. Protests from users have spread on social media as they are prevented from carrying out their operations. Furthermore, they…
Bolivia police, workers clash at protest over plant shutdown
AP reports for Fox News World: Bolivia police, workers clash at protest over plant shutdown LA PAZ, Bolivia – Anti-riot police and workers clashed in Bolivia’s capital during a protest against the government’s decision to close the country’s largest state-run textile company. Officials said police fired tear gas at protesters and kept them from seizing…
Bolivian government’s or market failures?
Current Bolivian government continues with indecision and has generated unnecessary production-side uncertainty, Pagina Siete reports: Restrictions on the export of rice prepared by the Government, which led to the loss of markets, and the intervention of Emapa made that an over stocking of the product takes place, resulting in a reduction of the price, according…
