Another referendum in Bolivia

President Morales has announced that the people of Bolivia are to get the chance to vote in a referendum on the future constitution of the country.  The referendum is due to take place on 7th December.

The big question is: will this be the final decision on a number of policitcal issues?

One of the changes concerns the re-election of the Bolivian President.  If he wins the vote, President Morales could be re-elected a number of times more than is currently allowed.  I for one am wondering why such a step is necessary.  After all, other countries have rules to stop a President from ruling ad infinitum, and it probably does them good to have a change very few years.  Removing this rule in Bolivia would surely be a step backwards?

The other major issue is that of autonomy for some of Bolivia’s wealther regions – something that was partially voted on back in May of this year, although the result was not recognised a national level.

So will it be different this time around?  Will the people get to chose more autonomy for their regions, as long as they agree to an indefinite number of terms for the President?

Smuggling the Amazon

If I was to write about smuggling something out of Bolivia, you would probably expect me to write about problems with illegal drugs leaving the country.  Of course, I could also write about more trivial things that, although not illegal in Bolivia, would be considered “smuggled” when the arrive in other countries – such as coca leaves.

But instead I want to link to an item that I read this evening about a different type of smuggling: timber!

Yes, it seems that away from the places usually associated with smuggling, such as ports and airports, smuggling of a different kind is taking place.  Trees in the Amazon rainforest are being cut down and taken down the Amazon river to Peru and Brazil.

I have to ask the question: why?

I thought, that those countries had enough of the Amazon rainforest for themselves.  In fact, most of the criticism that I read about cutting down the rainforest is aimed at Brazil.

Have the loggers there given up and are fetching their timber from across the border instead?  I wonder just how effective the border patrols will be…

Demand for rental property surges on Lanzarote

The number of British and Irish residents planning to relocate to Lanzarote has jumped by 35% in the second quarter of 2008.  That’s according to figures released by leading Lanzarote property portal, Lanzarote Guidebook, suggesting that the darkening economic situation in the UK and Ireland looks likely to lead to a growth in the number of people seeking a brighter future abroad.

An analysis of the enquiries for property for sale in Lanzarote received between April and June this year reveals that long term rental enquiries have jumped dramatically compared to the first quarter of 2008, now accounting for almost 44% of all enquiries.

Most of those looking to escape rising household bills and falling disposable incomes are seeking apartments to rent on a long term basis in the island’s main resort of Puerto del Carmen, which apart from being the epicentre of both the British and Irish expat communities on the island is the main hub for employment opportunities for most new arrivals.

With a cooling housing market and rising rents in the UK, rental accommodation in the resort and across the island in general is certainly a more cost effective alternative – with one bedroom apartments starting from around the €500 per month mark (currently around £400).

Lanzarote also offers much cheaper food, fuel and utility costs.  As you might imagine, heating bills are non-existent!

There has been a 35% fall in mortgage approvals across the province of Las Palmas, leading to a fall in demand for property for sale and lower prices, as local banks tighten their lending criteria.

The bulk of prospective buyers are currently seeking property at the cheaper end of the market – with 77% of all enquiries received focusing on listings priced below the €300,000 mark.

Geographically, Puerto del Carmen remains the most sought after location for British and Irish based overseas buyers – accounting for 41% of all enquires received.

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