Cochabamba Hemorrhaging Millions Amidst Devastating Blockades

Cochabamba Blockades Cost City $10 Million Daily: President of ICAM Reports. Cochabamba, Bolivia, is facing severe economic hardship due to ongoing blockades that have crippled the city's access to essential routes. Amilkar Rocha, president of the Industrialists' Chamber of Commerce (ICAM), delivered a stark assessment of the situation, stating, "Cochabamba is losing up to $10 million dollars a day due to these blockades." The blockades have completely cut off the city's access to the East, West, and South, preventing the transport of goods and causing significant economic losses. Rocha also noted that the accumulated losses over just two days have already reached $20 million. The video footage shows scenes of the blockades, with protesters and burning debris, highlighting the intensity of the situation. The government's declaration that Bolivia as a whole has lost over a billion dollars further underscores the severity of the crisis. While the exact long-term effects remain to be seen, the immediate economic consequences are devastating for Cochabamba. The ICAM president's call for a swift resolution to the blockades emphasizes the urgent need for action to mitigate the ongoing financial damage.