Bolivian Peso Devaluation Hurts Poor in La Paz
In La Paz Bolivia a 1 percent peso devaluation slashes purchasing power for the poor. Pedio Sanches a 33 year old farmer and his family face hunger and rising costs as military rulers press IMF demands. The policy aims to attract investment but worsens daily hardship for millions.
MENTIONED IN THIS ARTICLE
LA Paz
Bolivia
Wien
Hall
International ‘Monetary Fund
World Financial Policeman
IMIS
Bolivian Worker Describes IMF Aid and Hard Times
A Bolivian city worker Pedro recalls IMF officials arriving with pride and leaving without programs to curb price shocks. He explains his family's struggle as wages fall from 30 to 4.6 units, prices soar, and living conditions remain dire in La Paz area shacks.
MENTIONED IN THIS ARTICLE
IMF
Pedro
Trey Guseees
Recife Firm Plans Sale of Shark Fins to Hong Kong Buyer
A Recife company announced the sale of three tons of shark fins to a Hong Kong firm for use in a product claimed to stimulate sexual responses. The report notes the deal and highlights concerns over shark fin trade.
MENTIONED IN THIS ARTICLE
Recife
Brazil
Heee
Hong Kong
Clalmi
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