By Raul Dominguez, El Deber: Know the Four Key Reasons Why the Parallel Dollar Fell to Bs 9.80—and How It Will Behave in the Future The dollar’s price dropped to Bs 9.80 this Tuesday / Photo: Archive An analyst stressed that the dollar’s price could stagnate around Bs 10, and might even rise again once…
Tag: uncertainty
Paz inherits a subsidy system that consumes more than Bs 11 billion per year | Paz hereda un sistema de subsidios que consume más Bs 11.000 millones al año
By Ernesto Estremadoiro, El Deber: The new economic cabinet of President Rodrigo Paz will face the challenge of reactivating energy production amid scarcity. Photo: Ricardo Montero Subsidies, collapsing production, and the depletion of mega-fields foretell a massive challenge for President Rodrigo Paz. Analysts warn that the model is unsustainable and that Bolivia will have to…
Paz: Backs Meritocracy | Impulsa la meritocracia
By Lourdes Molina, El Deber: “It’s time to give way to meritocracy,” says Paz after swearing in his cabinet New ministers / Photo: APG This Sunday, at the Palacio Quemado, Rodrigo Paz swore in his ministerial cabinet. Rodrigo Paz during the swearing-in of ministers/Photo: APG “It’s time to give way to meritocracy,” said Rodrigo Paz…
Paz Effect: Country Risk Drops and Dollar Rate Stabilizes | Efecto Paz: riesgo país baja y se estabiliza la cotización del dólar
By Ernesto Estremadoiro, El Deber: Paz, together with Vice President Lara, leaving Palacio Quemado / Photo: APG The change of government shook the market in a positive way. The parallel dollar rate is stabilizing around Bs 10.68, while the fear of investing in the country is falling after the shift in state administration. Bolivia woke…
Energy crisis or hydrocarbon crisis? | ¿Crisis energética o crisis de hidrocarburos?
By Francesco Zaratti: Contrary to what is heard daily, Bolivia is not facing an energy crisis, but a hydrocarbon crisis. In fact, there are no blackouts or electricity rationing, although there are long lines at fuel pumps. It is true that two-thirds of the electricity we consume is generated by burning natural gas, but precisely…
Bolivia opens to the world and the world to Bolivia | Bolivia se abre al mundo y el mundo a Bolivia
By Oscar Antezana, El Dia: Regarding the title, the new President’s statement affirms that the world should feel and see us as a proud, united Bolivia, working to rebuild a modern country with justice for all. But only a country that believes in itself can project strength to the world. In that sense, we must…
Bolivian Thoughts | Pensamientos Bolivianos (Bilingual/Bilingüe) 