El Diario reports: They exceed $1,000 million Opposition warns of new debt “The pace of debt” that the country acquired during this year seriously endangers future generations, said congresswoman Jimena Costa; however, the ruling party believes that this warning does not matter, because the reserves held by the country show otherwise. The lawmaker said that…
Tag: Ochlocracy
The decline of socialism in the XXI Century… with Bolivia as NO exception!
Carlos Mejia writes in El Diario: The decline of socialism in the XXI Century When the Cold War and the dichotomy between two antagonistic economic systems capitalism and communism, ended with the disintegration of the Soviet Union and its European satellites were released, caused by internal inconsistencies, capitalism was installed as the global hegemonic system,…
Bernardino Bilbao Rioja, unsung hero
Jorge Espinoza writes in El Diario: Bernardino Bilbao Rioja, unsung hero Bernardino Bilbao Rioja was a prominent personality in the political-military sphere in Bolivian history. Born in Arampampa, Potosi, May 20, 1895. At 17, he entered the Military Academy of the Army in the city of La Paz, before being awarded a scholarship to Chile,…
Bolivia: Will the President Serve Another Term? … WTH!?
Stratfor analysis: Bolivia: Will the President Serve Another Term? Summary Bolivian President Evo Morales is not even a year into his third term but already appears to be considering a fourth. The government plans to convene a Cabinet meeting in December to discuss whether Morales should try to change the constitution to allow him to…
YPFB monitors affected area by the oil spill in Chapare
El Deber reports: YPFB monitors affected area by the oil spill Some 65 professionals are working in mitigation tasks. Daily, test the water and the land of Ivirgarzama. The Yacimientos Petroliferos Fiscales Bolivianos (YPFB) contingency teams, are monitoring water at the Magariños river and land in Ivirgarzama (Cochabamba), where last Friday [08/07/2015] there was an…
Monetary whim of the “armored” Bolivian finance minister…
Humberto Vacaflor writes in El Diario: Monetary whim Convinced that the “economic miracle” of Bolivia is based on the fixed exchange rate of the currency, the finance minister refuses to meet the request of entrepreneurs in the country who suffer the consequences of the devaluation of the currencies of neighboring countries. The minister does not…
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