By Rocio Chavez, Radio Fides: Movement Toward Socialism MAS Diesel and dollar shortages /Illustrative Image/ After 20 years of hegemony by the Movement Toward Socialism (MAS), the country is facing a deep economic crisis that will define the start of the next government. The new leadership will have the challenge of stabilizing the economy in…
Tag: mismanagement
You pay a lot for credit cards that are useless | Pagas mucho por tarjetas de crédito que no sirven para nada
Brujula Digital, El Diario: Limits on International Use of Credit and Debit Cards Persist Various banks in the country limit the use of debit and credit cards abroad according to the type of card, establishing maximum limits for ATM withdrawals, point-of-sale (POS) payments, and online purchases. Brújula Digital visited the Unión, Mercantil Santa Cruz, Ganadero,…
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-…
They leave MAS because they ran out of money | Dejan al MAS porque se le acabó el dinero
Editorial, El Diario: Social movements leave the MAS ship Bolivian political evolution has acquired increasing speed in recent months and it would not be unusual for this movement to enter the rhythm of advancing in leaps, as occurred in past stages of national history with the aim of updating itself in relation to what is…
In the face of uncertainty, caution | Ante la incertidumbre, cautela
Editorial, Pagina Siete: The data reported in recent days warn of a greater demand for dollars in the country. Given this, on the one hand, some financial entities would be conditioning the delivery of that currency and even asking depositors for the reasons for withdrawals. It seems unusual for a bank to limit or ask…
Gas emergency | Urgencia de gas
Humberto Vacaflor, El Diario: The oil companies advise the government to correct the rules that apply in that industry if it wants to replace the reserves that have been exploited restlessly since 2006, until they are exhausted. The government has responded, through YPFB, that it now intends to make “the largest investment in history” in…
Bolivian Thoughts | Pensamientos Bolivianos (Bilingual/Bilingüe) 