Bolivia Financial News

Across what was once South America’s second-largest producer of natural gas, everyone is searching for fuel

US President Donald Trump invoked rarely used US wartime legislation to fly the Venezuelans to El Salvador on March 16, without the migrants being afforded any kind of court hearing. Salvadoran President Nayib Bukele said 238 Venezuelans were sent to his country after the United States accused them of being part of the Tren de Aragua criminal gang. It is an «embarrassment that has been committed with the kidnapping and forced disappearance of 324 Venezuelan migrants who were taken to a Nazi concentration camp in El Salvador,» Maduro said at a meeting in Caracas with foreign ministers from the Bolivarian Alliance for the Peoples of Our America (ALBA) bloc. Maduro did not explain where he got the figure from, and acknowledged that he does not yet have an official list.

Subscribe to enjoy similar stories. A recent report by the Independent Expert Group on Debt, Nature, and Climate reveals that many of the world’s 144 developing economies are on an unsustainable fiscal trajectory. On average, these countries spend 41.5% of their budget revenues—or 8.4% of GDP—on debt service, severely limiting their scope for public investments in education, health care, infrastructure, and innovation, which are essential for economic growth.

European Commission President Ursula von der Leyen has arrived in Uruguay for the final stages in years-long negotiations to clinch a trade deal between the 27-nation EU and the South American Mercosur trade bloc that would create a trans-Atlantic mark...

Subscribe to enjoy similar stories. Every month, Mint’s Plain Facts section brings out an update on key global data to thread together the biggest developments in the world that are worth paying attention to. The accompanying analysis and charts explain how each story is creating ripples on the global stage, where it is headed in the coming weeks, and whether it can impact India.

The EU and the South American trade bloc Mercosur are working to finalize a trade deal that has been in negotiation for over 20 years

French farmers are mobilizing for widespread protests Monday, targeting the controversial EU-Mercosur trade agreement

BAKU: As ministers take over at the climate talks in the Azerbaijani capital, all eyes are on Rio, where the leaders of the G20 are meeting. The first week of the UN climate summit closed with the scheduled assembly late on Saturday night that lasted a little over three hours, ending at around half hour past midnight. The divergences among countries on important issues, such as finance and the path forward on the outcomes of last year's global stock take, and the absence of trust became apparent as countries took the floor to air their views. On some issues such as loss and damage and adaptation, and mitigation work programme the absence of trust and compromise among countries was such that «Rule 16» was invoked. Rule 16 refers to a provision which is used when countries can't even agree to produce an outcome that puts on record the discussions and divergent views. As a result, countries will have to begin their discussions all over again when they meet in Bonn in the summer. The lack of trust most evident on the issue of how countries propose to address and implement the decisions on emission reduction and energy transition agreed to in Dubai and the lack of any real progress on making available climate finance to developing countries.

Argentina's Lionel Messi and Brazil's Vinicius Junior had frustrating nights in South American World Cup qualifying. While Messi could not help his team avoid a 2-1 defeat at Paraguay, Vinicius Junior missed a second-half penalty as Brazil was held to a 1-1 draw at Venezuela on Thursday. Argentina will remain on the top of the 10-team round robin competition with a 22 points in 11 matches, Brazil is provisionally in third place in the standings with 17 points. Also on Thursday, Ecuador beat Bolivia 4-0. The Ecuadorians remain in fifth position with 16 points, while Bolivia is in eighth place with 12 points.

French farmers have protested against a trade deal that would increase agricultural imports from South America, saying it hurt their livelihoods

Subscribe to enjoy similar stories. Although the US dollar remains the world’s dominant currency, many countries are diversifying their currency reserves to reduce over-reliance on it, mitigate risks associated with changes in US monetary policy and lessen the impact of global economic shocks. Reduced reliance on the dollar in financial transactions is clear in the decline of dollar-denominated deposits and loans, and the dollar’s share in global foreign exchange reserves.

Formula One (F1) cars racing in Mexico City, the normal rules don’t apply. When speeding down a straight that is almost 1 mile (1.6 km) long, teams would usually need to race a car with as sleek a body shape as possible to cut through the air and hit top speeds quickly. But at the Autódromo Hermanos Rodríguez, where this weekend’s Mexico City Grand Prix (GP) will be held, it’s the opposite. Autódromo Hermanos Rodríguez first held a F1 world championship race in 1963. For the drivers, the track will feel more akin to racing on a slippery street course like the one in Monaco, where regular automobiles that use the streets when F1 is not in town wear away the traction provided by the sticky tire rubber laid down by race cars.

Scaloni has been witness to many of Lionel Messi's magical moments over the course of his career but the Argentina manager said on Tuesday that even at the age of 37 his captain continues to amaze him. Messi, who was making just his second international appearance since recovering from an injury sustained at the Copa America in July, scored his 10th international hat-trick as Argentina beat Bolivia 6-0 in a World Cup qualifier. The record eight-times Ballon d'Or winner said after the game he would keep playing as long as he can perform the way he wants and Scaloni hoped he would be on the pitch for years to come.

Hongji is a crypto and tech reporter. He graduated from Northwestern University's Medill School of Journalism with a Bachelor's and a Master's. He has previously interned at HTX (Huobi Global),...

Bolivia’s socialist President Luis Arce says national referenda will be held soon on the removal of politically combustible fuel subsidies and on the constitutionality of presidential reelections

countries are winning most of the Olympic medals every two years, that's because it's largely true. Even though more than 150 countries and territories have claimed a medal since the modern Games began in 1896, the list of winners is top-heavy. Entering the Paris Summer Games, the United States has the most, by far, with 2,975 medals, according to the International Olympic Committee's research wing. A group of usual suspects follow: the former Soviet Union (1,204), Germany (1,058), Great Britain (955), France (898). Nearly 70 countries and territories, though — roughly a third of the parade of nations — cannot boast an Olympic medalist in any discipline, summer or winter. Some, like South Sudan, which sent its first team to the Olympics in 2016, have only just begun trying. Others, like Monaco, have been at it for more than a century.

Bolivia’s embattled president has announced the discovery of vast natural gas reserves just north of the capital, describing it as the biggest find in nearly two decades that could help the cash-strapped country reverse its falling production

Bolivians have been hit hard by economic turmoil in the small South American nation fueled by a longtime hyper-dependence on, and now shortage of, U.S. dollars

After a blockbuster six months, the sale of emerging-market bonds in hard currencies is set to slow down sharply in a second-half that’s littered with political risk.

USA soccer team or USMNT are all set to play must-win game against Uruguay in Copa America 2024 Group C match. Uruguay are in the pole position to qualify for the knock out after winning two out of two matches and garnering six points. USA has three points from two games after winning one and losing the other.

Prices are surging in Bolivia, dollars are scarce and lines snake away from supply-strapped gas stations