El Diario: The Bolivian records devaluation and loss of purchasing power The shortage of dollars in the Bolivian market causes an increase in the value of products and services, while the Government does not give signals of supplying the currency, so companies are already taking precautions and announcing price increases for their items; the food…
Tag: state-owned failures
Economic Damage to the State | Daño Económico al Estado
Francesco Zaratti: I find significant ambiguities in the concept of “Economic Damage to the State” (EDS), which generally refers to the impact on the state’s assets by officials and authorities but has become a pretext for political persecution. EDS is one of the most common offenses within a society that idolizes the State and tends…
Five factors aggravating the economic crisis | Cinco factores que agravan la crisis económica
Juan Carlos Salinas, El Deber: Entrepreneurs see five factors aggravating the economic crisis in Bolivia Five factors that are accumulating one after another are a cause for concern for entrepreneurs who believe that if they are not addressed, the country’s economic problems will worsen. In addition to the shortage of dollars, which dates back to…
Dollar shortage: a time bomb | Escasez de dólares: una bomba de tiempo
Editorial, El Deber: An old saying says that “There is no deadline that is not met nor debt that is not paid”, and it can well be applied to the Bolivian reality. The fall in gas exports, restrictions on the sale of agricultural products, the reduction to zero of foreign investment and the increase in…
How Socialist Bolivia Is Trying To Cash In On Lithium, To The Benefit Of China | Cómo la Bolivia socialista está tratando de sacar provecho del litio, en beneficio de China
Sergio Herrera Deza, Crunch: Bolivia believes lithium is the new “white gold,” for its role in fueling new technologies. Distrusting Western investments and technology, it’s counting on collaborations with Russia and China. But there will be problems at home that could block it all. View of the new plant for the production of lithium carbonate…
Fitch downgrades Bolivia’s rating | Fitch baja la calificación de Bolivia
The Star: Fitch cut the country to CCC from B- after reserves dipped by US$2.1bil last year to just US$1.7bil. — Bloomberg LA PAZ: Bolivia was downgraded further into junk territory by Fitch Ratings, which says falling international reserves threaten the nation’s ability to service its debt. Fitch cut the country to CCC from B-…
Bolivian Thoughts | Pensamientos Bolivianos (Bilingual/Bilingüe) 