Bolivia

Bolivia's Ambitious Gold Trading Venture Aims for $1 Billion in Purchases This Year

23 days ago

In a strategic move to boost its economy and capitalize on the rising global demand for gold, Bolivia has launched a state-controlled gold trading entity. This new initiative, spearheaded by the Bolivian government, is set to target a phenomenal $1 billion in gold purchases by the end of this fiscal year. The establishment of the state gold trader is viewed as a significant step towards enhancing national revenue while fortifying the country’s position within the competitive global gold market.

Bolivia Faces Economic Strain: Fuel Subsidies Cut for Key Industries Amid Crisis

24 days ago

In a significant economic move, the Bolivian government has announced the reduction of fuel subsidies targeted at essential sectors including transportation and agriculture. This decision, made on March 10, 2025, marks a crucial step as the nation grapples with a series of escalating economic challenges.

Peru Prepares for Increased Migration from Bolivia Amid Political Turmoil

5 months ago

As Bolivia faces escalating social and political instability, Peru is bracing for a significant increase in migration from its neighbor. The recent political unraveling in Bolivia, driven by protests against the government of President Luis Arce and rising discontent over economic conditions, has prompted concerns in Peru about a potential influx of Bolivian migrants seeking refuge and better opportunities.

Bolivia Responds to Liquidity Crunch by Relaxing Gold Holding Regulations

5 months ago

In a significant move to address the ongoing liquidity challenges faced by its economy, the Bolivian government has announced a relaxation of the regulations surrounding gold holdings. This decision aims to bolster financial stability and provide immediate relief to businesses and individuals alike who are grappling with increased economic pressures.

Bolivia's Natural Gas Crisis: A Nation on the Brink of Economic Collapse

6 months ago

Bolivia is facing an unprecedented natural gas shortage that is threatening to destabilize its economy, leading to severe energy constraints and public discontent. The South American country, long known for its significant natural gas reserves and production, is now grappling with dwindling output and rising domestic demand. This crisis has forced the government to initiate emergency measures, affecting everything from industrial operations to households across the nation.