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"We are in a total crisis. Salaries don't increase and so everything is expensive," Chura told Reuters at the market in the city that perches in the mountains above Bolivia's political capital La Paz.
The political fight has paralyzed the government's efforts to deal with the deepening economic despair and analysts warn that the social unrest could explode in the historically turbulent nation ...
That simmering anger has paved the way for even more strife in a country that is no stranger to political unrest. Bolivia's economic crisis is rooted in a complex combination of dependence on the ...
However, in 2017 Bolivia's Supreme Court completely abolished term limits for all political offices, arguing that running for political office is a human right that could not be limited, even by the constitution. The court cited Bolivia's obligations to human rights as a signatory of the 1969 American Convention on Human Rights.
He returned and launched his political comeback after Arce, his choice candidate at the time, won the 2020 election. The political rivalry has divided Congress and exacerbated an economic crisis stemming from the depletion of Bolivia’s foreign-exchange reserves. Protesters on Tuesday decried Arce's failure to halt the spiral and recalled ...
Bolivia's stock market expanded in 1998 to include corporate bonds, along with the money market and government bond options that had existed previously. [20] The privatization of Bolivia's social security program has bolstered the stock market. [20] The Salar de Uyuni is a major tourist destination in Bolivia.
Bolivia marked its transition to democracy in 1982 when the Armed Forces ceded power to a civilian-led government elected two years prior. [2] Despite continued economic turmoil and political instability, the return to civilian rule mostly closed the cycle of volatility that caused the country to experience a multitude of attempted and successful revolutions and coups d'état in the two ...
Bolivia, struggling with an economic crisis as foreign currency reserves dwindle, is set to hold presidential elections next year, which Morales - in a more conciliatory tone - suggested was a ...