Was nationalization worth it? | ¿Valió la pena la nacionalización?

By Henry Oporto, El Deber: This May 1st, as MAS factions celebrate a new anniversary of the 2006 hydrocarbon nationalization, the country’s demeanor will be different: instead of approval and enthusiasm, a face of frustration and discouragement will likely emerge. The era of illusions has passed; worries and fears now prevail. With the perspective of…

Economy in bankruptcy | Economía en quiebra

Editorial, El Dia: The Economist is the most prestigious specialized publication in the world. Major billionaires, the most serious governments, and leading global companies make decisions based on its articles and opinions. Luis Arce cannot dismiss them as mere “opinion makers” and “doomsayers,” as he often labels those who have been talking for years about…

Boom Turned to Bust | Auge convertido en fracaso

By Matthew Bristow and Sergio Mendoza, Bloomberg, Yahoo News: Bolivia’s Boom Has Turned to Bust, Fueling an Unlikely Presidential Comeback Bid (Bloomberg) — In the thin air of El Alto, just below the Andean snowline, shoppers hunt for bargains at stalls selling cheap shoes, school books, cookware or counterfeit clothing. Signs of Bolivia’s emerging financial…