By Francesco Zaratti: The profitability of the contracts that “Yacimientos de Litio Bolivianos” (YLB) intends to sign with the Russian company Uranium and the Chinese consortium CBC is their real Achilles heel. The expenses of the project are determined by each company’s investments and operating costs, so that, to justify the profitability of these contracts,…
Tag: public policy failures
You can now buy salteñas or pay for a trip with cryptocurrencies | Ya se puede comprar salteñas o pagar un viaje con criptomonedas
By Marco Antonio Belmonte, Vision 360: They accept USDT and bitcoins Companies are opening up to receiving payments in “cryptos,” as are public entities. To obtain virtual money, it is necessary to create a personal account and purchase these assets through banks or even via QR. Illustrative image of people’s access to using bitcoins. Illustration:…
Overcome the deficit and win elections in the first round | Superar el déficit y ganar comicios en primera vuelta
By Marco Antonio Chuquimia, El Deber: Amparo Ballivián proposes three measures to overcome the deficit and win elections in the first round Amparo Ballivián, economist. Photo: Fuad Landívar The former World Bank director recalled that the country has only had two female presidents, and she aspires to be the third. The central axis of the…
Parallel market dollar drives national economy | Dólar del mercado paralelo mueve economía nacional
By El Diario: The currency is above Bs 11 Parallel exchange rates emerge due to the Central Bank of Bolivia’s (BCB) inability to implement an effective exchange rate policy caused by a lack of reserves. As a result, most economic transactions are conducted using the dollar quoted in the parallel market, which remains above 11…
YPFB buys diesel with an alleged overprice of more than $7.5 million | YPFB compra diésel con más de $us 7,5 millones de supuesto sobreprecio
By Brújula Digital: YARBEL SA has no website or social media presence, according to an internet search, and only appears in a business directory. With a one-week difference, YPFB awarded diesel purchases to two companies at more than double the price per cubic meter, according to awarding documents obtained by Brújula Digital. The company that…
An indicator of market confidence in a country’s ability to manage its economy | Indicador de la confianza que el mercado tiene en la capacidad de un país para manejar su economía
Editorial, El Deber: Fitch Ratings and the Lack of Transparency in Bolivia Fitch Ratings’ recent downgrade of Bolivia’s credit rating to “CCC-” has raised concerns about the country’s economic health. This decision, which signals increased risk for investors and financial institutions, highlights the urgent need for corrective measures in the government’s economic and fiscal policies….
