By El Diario: The dollar crisis has driven up the prices of all products. Inflation nearly reached double digits in 2024, and the purchasing power of the boliviano has been losing its value. The most affected are the most vulnerable families, but also retirees, who do not receive annual wage increases. Inflation in 2024 reached…
Tag: public policy failures
Use of water for lithium: What will quinoa producers live on? | Uso del agua para el litio: ¿de qué vamos a vivir los productores de quinua?
By Erbol: Ayllu Huatari and the use of water for lithium: What will quinoa producers live on? Great promises of economic well-being through lithium exploitation face an unavoidable reality: water—yes, enormous quantities of water are required to exploit this mineral. However, communities living in areas surrounding the Uyuni, Coipasa, and other salt flats, such as…
Masista Gob is responsible for Bolivia’s economic crisis! | ¡Gobierno masista es responsable de la crisis económica de Bolivia!
By DANIEL ZENTENO, La Razon: CAO blames the Government for the country’s economic crisis The agricultural sector in Santa Cruz denounces that diesel lines still exist and that supply remains irregular in rural provinces and remote municipalities. CAO President Klaus Frerking at a press conference. Amid accusations by authorities against productive sectors such as cattle…
Bolivia se aleja del esquema de cripto para la compra de combustible | Bolivia Backs Away from Crypto-for-Fuel Scheme
Por Lockridge Okoth, Be In Crypto: En resumen El Ministerio de Comercio e Importaciones de Bolivia ha rechazado un plan respaldado por el Estado para utilizar criptomonedas en la importación de combustibles. Esta decisión, que representa un sorprendente giro de política, marca un retroceso en el reciente impulso del gobierno por adoptar activos digitales como…
How did Bolivia go from controlling inflation to having one of the highest rates in Latin America? | ¿Cómo pasó Bolivia de controlar la inflación a tener una de las más altas de Latinoamérica?
By Daniel Salazar Castellanos, Bloomberg Linea: Bolivia derailed its inflation path and is now among the highest in the region. In March, year-on-year inflation stood at 14.63%. Bloomberg Línea — Bolivia went from being part of the club of countries with the lowest inflation in the region to suffering from rising prices amid a scenario…
Parallel dollar exchange rate reaches Bs13.44 and is close to doubling the official rate | Cotización del dólar paralelo llega a Bs13,44 y está cerca de duplicar al cambio oficial
By Erika Ibáñez, La Razon: According to data from the BCB, the USDT cryptocurrency issued by the company Tether Limited and used as a reference for transactions reached a selling rate of Bs 13.43 on Wednesday. The lack of dollars in the country has been a problem dragging on since 2023. On Wednesday, April 9,…
