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Bolivia’s foreign currency reserves have surpassed 13.7 billion dollars, marking a new high for Bolivia’s national savings. The government explained that part of this growth has been due to Bolivia issue sovereign bonds in the US stock market. Economist Julio Alvarado expressed caution about this new reserve figure, explaining that since Bolivia’s external and internal debts exceed 10.5 billion, there is reason for caution. Bolivia’s Economic Minister said that the...
Carrillo said that of the...
A recent legal study in Cochabamba by the Judicial Office has found that of all the rape cases brought to police, only 2% result in successful criminal trials. 34% of rape cases never go beyond the police report, a further 27% are rejected by judges, 5% are ruled null, and all but the remaining 2% are abandoned before sentencing because of lengthy delays in the cumbersome Bolivian judicial process, lack of money and other reasons. One example of this situation is the Montaño family who have...
An angry mob burned two Brazilians alive in San Matías, Santa Cruz as Bolivian police and military forces looked on last night. The two Brazilians were thought to have murdered three Bolivian youths on Monday. Brazilian Rafael Max Díez was being held in a police jail cell in San Matias and along with supposed accomplice Jefferson Castro Lima when a mob of roughly 400 people approached the jail to murder the two men. Seventeen Bolivian police attempted to defend the jail and arrested men by...
President Morales signed 3 bills into law yesterday in Sucre at the Universidad Gabriel René Moreno, de Santa Cruz to benefit Bolivian university students. One law guarantees public universities up to 8 percent of the Direct Hydrocarbon Tax for educating rural youth and 5% for cultural and sporting activities, another provides thesis work for students in public institutions and the third provides scholarships for talented youth unable to afford rising paperwork costs associated with...
The Bolivian department of La Paz has the most obese people in Bolivia at 3,387 of clinical obesity, Cochabamba (2,211 cases), ahead of Santa Cruz (2,032), and Chuquisaca (812 cases). Up to 2012, the Bolivian Health Ministry considered obesity to be an aesthetic problem but now classifies it as a disease with a distinct pathology. “24% of the Bolivian population that visits Health Ministry control points has grade one or two obesity,” said a Health Ministry Representative. The...
Jindal Steel Bolivia, a subsidiary of the giant multi-national Jindal Group of India, has announced it will be abandoning its share of the largest iron ore deposit in the world, El Mutún, and breaking off its contract with the Bolivian government after months of fractious dialogue. Jindal announced that it will be initiating international arbitration against Bolivia. The government accuses Jindal of being behind schedule and not making the investments it promised while Jindal insists that...
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