Bolivia's 2020 budget contemplates that maximum natural gas shipments to Brazil will reach 20 million cubic metres per day (cmd) and 14 million cmd to Argentina. Budget Vice-minister, Magaly Churruarrín, said that the estimations are conservative because the peaks sent in 2019 corresponded to seasonal demand.
Day: Dec 11, 2019
Bolivia’s 2020 budget includes $5.2bn in public investment
Public investment in 2020 will reach $5.2 billion, according to the 2020's budget, which is being analysed by the Congress. According to the budget, $4.4 billion will come from direct State investment and $823 from the State-owned companies. 67% will be financed by internal resources and 33% by external resources.
U.S. trade offensive takes out WTO as global arbiter
U.S. disruption of the global economic order reaches a major milestone on Tuesday as the World Trade Organization (WTO) loses its ability to intervene in trade wars, threatening the future of the Geneva-based body. Two years after starting to block appointments, the United States will finally paralyze the WTO’s Appellate Body, which acts as the supreme court for international trade.