Maria Elena Vizcaino, Bloomberg, Finance Yahoo: Bolivia Bonds sink as Nation’s International Reserves Dwindle (Bloomberg) — Bolivia has all but exhausted its Special Drawing Rights from the International Monetary Fund, deepening a currency crisis in one of Latin America’s poorest nations. The country had just 39.09 million SDRs, reserve assets that work like an overdraft…
Tag: Ochlocracy
Are we living the prelude to something worse? – ¿Estamos viviendo la antesala de algo peor?
Editorial, Página Siete: Self-fulfilling prophecies of the economy Everything seems to indicate that we are on the verge of an economic crisis whose consequences we still do not know, but whose background can be specified. We have spent years listening to the warnings of experts and analysts about the future that awaited the “productive community…
What to do: support legality or illegality? | ¿Qué hacer: respaldar la legalidad o la ilegalidad?
Humberto Vacaflor, El Diario: The dilemmas of the MAS The Government stumbles upon dilemmas that, by resolving them, designs its ideology, its tendency, which allows Bolivians to have an idea of the thought of the MAS, other than its rude propaganda messages. These days the dilemma was called Santagro. There, in Guarayos, a farm in…
Growing balance of payments crisis – Creciente crisis de balanza de pagos
Market Screener: Bolivia Bonds Tank With Foreign Reserves at Lowest in Over 20 Years By Alexander Saeedy Bonds backed by the Bolivian government have dropped nearly 20% this month as the country faces a growing balance of payments crisis. The landlocked Latin American country’s 4.5% bonds due 2028 were recently quoted around 57 cents on…
Masista corruption | Corrupción masista
Editorial, Página Siete: Another blue corruption scandal The administration of the Movimiento Al Socialismo (MAS) scores another corruption scandal that confirms the level of rot that exists in its ranks, now divided into two currents that fight for power, which is precisely the key to access the management of the coffers of the State. And…
The bad international image of Bolivia – La mala imagen internacional de Bolivia
Editorial, El Deber: Bolivia is going through a period of economic turbulence. The drop in Net International Reserves was the trigger for much bad news for the country. One of them is the shortage of dollars, internally, but it is not the only one. Later, Fitch Ratings’ rating was announced, which lowered Bolivia from B…
