Gary gives again, a wonderful analysis on Bolivia’s economics and political situation, from El Deber: Is it enough to raise wages? The Government announcement of a mandatory increase of 8% to the basic salary and 20% to the national minimum stunned Bolivian entrepreneurship, which was declared in emergency, describing the measure as a blow to…
Tag: MAS does more damage than good
Current Bolivian gov through the humor lens…
This is from El Diario, March 13, 2013: Presidential crew talking: “…given the negative polls over his re-election.. he decided no to let go his presidential chair!!” As a good member of the so-called “socialism of the 21st century” and like the Chavez, Ortegas, Kirchners and Correas of the world, current government is spending lots…
Current Bolivian central government abuses and further abuses…
Susana Seleme Antelo describes how current central government’s behavior increases over time, we have to stop this nonsense! From El Deber: Abuses and further abuses Enter Palmasola, prison in Santa Cruz de la Sierra, as family member or visitor, is an abuse: they mark the arm with seals of the police as to livestock, or…
Bolivian Mining tax 101: zero over zero, equal zero
Henry Oporto writes in Pagina Siete: Mining tax: zero over zero, equal zero The Ministry of mines, through its director of Legal Affairs Juan Carlos Carrasco, has confirmed that they want a 55% stake in mining projects operated by private utilities for Comibol. Percentage which would be set for contracts of Association of the State…
Current Bolivian president’s legacy…
An exceptional analysis by Franklin E. Alcaraz Del C. in El Dia: Evo’s Legacy When Evo is gone, because one day he will go, he will leave a country that has tried almost everything. Will leave, in spite of him surely, a country divided like never before. Divided racially, politically and, what is worse, consciously….
Bolivia to experience dollar black market due to governmental inefficiencies
An important warning that current government should consider seriously as in the past, the black market on dollar exchange has caused inflation, speculation and less competitiveness to our economic activities. From Los Tiempos: BY TAX BURDEN | The national private banking provides that it will have to abandon the sale of foreign currency because of…
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