Dando bandazos...
By my watch, it’s 6:23 a.m. in Caracas. The Central Bank’s new solution to all our Forex woes – the "Transaction System with Foreign Currency Assets" (SITME) – is...
Annualized May Food Inflation: 47.6%
INE’s May inflation report is out now. The headline number, 2.6% is a lot better than April’s, but still high: on an annualized basis, it’s still-climbing, and now...
May Inflation Number: Cesnared! (UPDATED)
You know how, normally, each months’ inflation figures get published on the first working day of the following month? Right. Did anybody else notice that we’re eight days...
The Only Post about Crystallex You'll Ever Need to Read
Setty captures the zany criminality that permeates everything about the massive Las Cristinas mine so well in this post, he makes all further comment superfluous. Added bonus: I...
Chabuki watch, #5
The attempts to convince Venezuelans he’s just a middle-of-the-road guy are not restricted to economics. As the fat man said yesterday, while a chavista "priest" blessed him by...
Chabuki watch, #4
The Master Thespian himself, on yesterday’s Aló, Narcisista, doing his best Sybil imitation while talking about himself in the third person once again: “(Business groups) Fedecámaras) and Consecomercio are engaging...
No FODA, chico
A couple of questions spring to mind in the wake of Chávez’s "CESNA Decree", which allows him, discretionally, to "classify" essentially any piece of information, public or private, and...
Chávez’s War on the Economy
For Hugo Chávez to declare "Economic War" in June 2010 is a little bit like for Adolf Hitler to take 5 minutes off his busy schedule on April...
Rediscovering the Whys and Wherefores of Democratic Institutionality
Teodoro Petkoff has an enlightening piece on the conflict in Polar, where workers are coming to the defense of their company. Reading it, it occurs to me that maybe,...
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