By Marisol Alvarado, Vision 360: President of Cainco says 80% of the population does not receive the salary increase but does pay more for bread This Monday it was announced that the increase to the National Minimum Wage will be 10%, raising the amount from Bs 2,500 to Bs 2,750, while the base salary will…
Tag: speculation
$4 Billion to Address Dollar and Fuel Shortages | $us 4.000 millones para regularizar la escasez de dólares y de combustibles
By Gonzalo Chávez, Unitel, Eju.tv: Bolivia Needs $4 Billion to Address Dollar and Fuel Shortages, Analyst Chávez Says Economist Gonzalo Chávez highlighted that the gasoline shortage is already directly impacting the population, as it has driven up product prices. He emphasized that $4 billion is needed to address these shortages, suggesting that Bolivia could access…
Dollar shortage worsens due to Military farce that generated speculation | Se agrava escasez de dólares por farsa militar que generó especulación
By Ernesto Estremadoiro Flores, El Deber: Private parties reveal that military attack generated speculation and ask the Government for dialogue to solve the dollar shortage The price of the currency, on the streets, is above the official price The failed military attack on June 26 generated speculation (around the dollar) and damaged the country’s image….
BOLIVIA BANS BEEF EXPORTS AMID SUPPLY FEARS, RISING PRICES
Daniel Ramos, Reuters, Successful Farming: LA PAZ, April 22 (Reuters) – Bolivia has temporarily banned exports of beef in order to guarantee supply for its domestic market and to prevent prices from rising, the government said on Thursday. “We are suspending meat exports,” Minister of Rural Development and Lands Remmy Gonzales told reporters, adding the…
How to handle inflation, subsidies? November Bolivian Economics 101
Certainly not the way current Bolivian government is doing, if you don’t believe, just take a look at these: This cartoon is from El Diario (11/09/11). Two of the most powerful and yet visible for now political leaders of the MAS, are engaged in a conversation: “…We have allowed entry of 100 thousand vehicles to the country..!…
How to keep inflation under control, Econ 101
This cartoon is from today’s El Diario. Current Economics Bolivian minister is walking inside a supermarket and prices around him show the before and after changes! He is saying: “…it just take someone from the government to pronounce that little word starting with G… and they rise all without control..!…” The G word is for…
Bolivian Thoughts | Pensamientos Bolivianos (Bilingual/Bilingüe) 