Published on Oct. 23, 2012
For the first time since the 1920s, Bolivia will issue government bonds in order to collect 500 million dollars. According to The Wall Street Journal, Bank of America and Goldman Sachs will be in charge of meeting with potential investors.
Bolivia is now seeking for new investors since the former contributors left due to oil and gas nationalization in 2006. The energy sector was particularly affected by this flight.
However, the world market situation is in favor, since low rates paid in developed countries lead more and more investors to emerging countries.
“During this year, 55,700 million dollars have been issued in form of debt, which exceeds the total amount of 55,300 million dollars issued last year”, the ...
Published on July 19, 2012
Last Wednesday, Argentina signed an agreement with Bolivia to increase its natural gas imports. The imports will rise therefore from 13,600,000 cubic meters per day, to 16,300,000 cubic meters a day. Besides, thanks to this agreement signed by the Argentinian Minister of Planning Julio de Vido, although 15,900,000 cubic meters were expected to be imported next year, the actual figure will be 19,200,000.
Evo Morales and Cristina Kirchner’s Governments had already signed a contract in 2007 to raise imports. Its main objective was to reach 27.7 million cubic meters a day in the next 10 years, by 2017. Taking the recent decision into account, “the imports volume agreed in 2007 ...