Bolivia faces severe shortages and economic crisis amid protests
- Reports
- 20
- Developments
- 10
- Repetition
- 55%
New informationRepeats or wire copies
What happened
Protests in Bolivia caused severe shortages of food, fuel, and medicine, and besieged the capital, La Paz. The crisis intensified after President Rodrigo Paz declared a state of emergency following protests that halted the economy for over 50 days. These protests were sparked by cuts to long-standing fuel subsidies, which were implemented amid a worsening dollar crunch and talks with the International Monetary Fund.
From moneycontrol.com, bssnews.net
Why it matters
The nation is experiencing its worst economic crisis in four decades. The government's economic reforms, which included subsidy cuts, are facing opposition from groups allied with Evo Morales. The tiered diesel pricing structure places pressure on intercity bus fares and freight prices.
Bolivia is seeking international financial support from the International Monetary Fund and Inter-American Development Bank amid major city protests.
Who's involved
- BoliviaSovereign state experiencing economic crisis and civil unrest
- Rodrigo PazExecutive president implementing economic reforms and declaring a state of emergency
- Evo MoralesPolitical figure whose opposition movement is linked to the protests
Who could feel it
Possible knock-on effectsThese are possibilities Brind reasoned out, not predictions, and not advice. Most are not stated in any report.
- BoliviaSpeculative
The national economy could face a crisis due to government cuts to fuel subsidies and a dollar shortage.
How it developed
Newest first. Tap a step to see who reported it.Crisis in Bolivia escalates with protests, IMF talks, and presidential emergency declaration.1 source
Opposition to President Paz's reforms is rising in El Alto.1 source
Subsidy cuts and state of emergency declared as protests escalate in Bolivia.1 source
State of emergency declared in Bolivia following protests sparked by economic plans.1 source
Paz declared a state of emergency in Bolivia following protests over his economic reforms.1 source
- Protests in Bolivia caused severe shortages of food, fuel, and medicine, and besieged the political capital, La Paz.Sub-event
Protests in Bolivia are dividing the country over leadership between Evo Morales and Rodrigo Paz.1 source
Protests in El Alto and La Paz are linked to economic reforms, with the administration accusing Evo Morales.1 source
Show 2 earlier steps
Protests in Bolivia led to critical shortages and the siege of the capital, La Paz.1 source
President Evo Morales of Bolivia faces protests, economic crisis, and is accused of orchestrating the current upheaval.1 source
Keep exploring
The entities involved
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Bolivia
sovereign state in South America
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El Alto
second-largest city in Bolivia
Nothing else this week.
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Evo Morales
president of Bolivia from 2006 to 2019
Related events
- President Rodrigo Paz addresses economic crisis and unrest in Bolivia.
- Protesting groups allied to Evo Morales are active in El Alto, Bolivia, leading to a state of emergency declared by MAS.
- Protests in Cochabamba disrupt national production centers while Bolivia engages in talks with the IMF over financial issues.
- Diesel decree in Bolivia sparked protests and blockades, while separate events included an airport closure and Warsh's inflation target recommitment.
- Farming organizations in Bolivia protested a diesel price hike, involving Juan Ramos and Juan Cáceres.
Coverage
Newest first; wire copies grouped- riotimesonline.com
- moneycontrol.com
- bssnews.net
- indiatimes.com
- thepeninsulaqatar.com
- hurriyetdailynews.com
- bozemandailychronicle.com
- clickorlando.com
- seattletimes.com
- wral.com
- goulburnpost.com.au
- arynews.tv
- mercopress.com
- elciudadano.com
- hindustantimes.com
- internazionale.it
- the-messenger.com
- taipeitimes.com
- abc.net.au
- arabnews.com