Via MercoPress, a report on Bolivia’s iron sector: Bolivian President Luis Arce inaugurated the El Mutún complex, the South American country’s first industrialized iron facility, which can boost other infrastructure developments, particularly those sponsored by Russia and Iran. Steel from the State-owned El Mutún could be used in constructing agricultural equipment, storage facilities, telecommunications towers, […]
Read more »Via Rest of World, a report on Bolivia, which relies on a Chinese-built satellite for some of its connectivity, banned Starlink — but that hasn’t stopped people from smuggling the device into the country: Bolivia’s internet comes from a Chinese-built satellite, and connectivity is patchy. Demand for contraband Starlink kits has grown since the company […]
Read more »Via The Washington Post, an article on a South American waterway that has become a cocaine superhighway to Europe: It was envisioned to be the Mississippi River of South America. The Paraguay-Paraná waterway runs about 2,100 miles, connects at least 150 ports in five countries and serves as the most important commercial river route on the […]
Read more »Via Bloomberg, commentary on how South America’s once-successful socialist story has collapsed. Unfortunately, the worst is yet to come. The plea was dramatic: If Bolivia’s government didn’t help the aviation industry to face urgent dollar-payment demands from suppliers, the landlocked country could end up without flights and isolated. It was the latest dismal event in the […]
Read more »Via Reuters, a report on Bolivia seeks oil and gas investment, Russia’s help to solve energy crunch: Bolivian state energy firm YPFB is looking to improve conditions for investment in the country’s flagging oil and gas sector and seeking help from Russia to overcome recent fuel shortages, the head of the company told Reuters. The […]
Read more »Via Bloomberg, a look at Bolivia, where a long-brewing financial crisis is potentially opening the way for President Luis Arce’s mentor-turned-rival, Evo Morales, to compete once again: In the thin air of El Alto, just below the Andean snowline, shoppers hunt for bargains at stalls selling cheap shoes, school books, cookware or counterfeit clothing. Signs […]
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