AM Best turns negative on Bolivia insurance

Matt Sheehan reports for Reinsurance News: AM Best has revised its market segment outlook on Bolivia’s insurance industry to negative from stable, owing mainly to the coronavirus (COVID-19) pandemic. The rating agency noted that the outbreak has exacerbated Bolivia’s political turmoil and contributed to an overall slowdown in economic activity. In combination with the vulnerable…

The economy is fixed later – La economía se arregla después

Juan Manuel Arias writes in El Deber: The economy is fixed later In this quarantine, everything has been seen and heard, from sensible statements, other alarmist and apocalyptic and many crazy, selfish and impertinent to the point of calling for the health rebellion calling the population to a collective exhibition of the contagion of the…

In Bolivia announced the militarization of the largest city

Kxan 36 News reports: The largest city of Bolivia, Santa Cruz will be militarized as of April 14, with the purpose of strengthening the fight against the pandemic of new type of coronavirus, said the Minister of industrial development Wilfredo Rojo. “We are at war with an invisible enemy, and since we are at war,…

The Twin Contagions Facing Latin America

By OTTO REICH & ORLANDO GUTIERREZ for National Review: Central and South America must contend not with just coronavirus, but also with the resurgent temptations of socialism and Communism. Latin America is facing the simultaneous onslaught of two potent viruses: one biological, the other ideological. Many Latin-American nations lack efficient health-care systems and preventive measures to fight the former:…