El Diario: The Bolivian records devaluation and loss of purchasing power The shortage of dollars in the Bolivian market causes an increase in the value of products and services, while the Government does not give signals of supplying the currency, so companies are already taking precautions and announcing price increases for their items; the food…
Tag: Ochlocracy
Economic Damage to the State | Daño Económico al Estado
Francesco Zaratti: I find significant ambiguities in the concept of “Economic Damage to the State” (EDS), which generally refers to the impact on the state’s assets by officials and authorities but has become a pretext for political persecution. EDS is one of the most common offenses within a society that idolizes the State and tends…
Uncertainty in business | MAS | Incertidumbre en empresariado
El Diario: CNC points out that the economic situation generates uncertainty in business Given the detriment and economic damage, as a result of the recent blockades of roads and highways in Bolivia, as well as the shortage of fuel and dollars, essential for the development of foreign trade, it has caused an environment of uncertainty…
Dollar shortage: a time bomb | Escasez de dólares: una bomba de tiempo
Editorial, El Deber: An old saying says that “There is no deadline that is not met nor debt that is not paid”, and it can well be applied to the Bolivian reality. The fall in gas exports, restrictions on the sale of agricultural products, the reduction to zero of foreign investment and the increase in…
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-…
The country is falling apart | El país se cae a pedazos
Antonio Saravia, Brujula Digital: And we are to blame. We were the ones who elected the MAS and gave it resounding victories since 2005. Yes, they committed fraud, took over justice and used perks and violence to screw themselves into power, but without our votes, our passivity and our fear, they wouldn’t have made it….
Bolivian Thoughts | Pensamientos Bolivianos (Bilingual/Bilingüe) 