Today's announcement kills the prospect of an early presidential election following a recall vote, since a late January 2017 recall would leave Maduro's vice-president to close out his term.
If the government is going to flat out refuse even minimal market-led reforms, we're better off with a soviet-style Central Plan than with no economic coordination at all.
We walk you through PROVEA's 1989 report into the Caracazo, underlining the parts that somehow didn't make it into our collective recollection of events.
The parallels between Hugo Chávez and Donald Trump are so obvious, they can be hard to resist. But as Juan explains, they're also facile, and miss the thing that made Chávez ultimately so destructive: his capacity to play the long game.
You can no more argue with a Christian about the Eucharist than you can with a dogmatic Socialist about the market, and that's a large part of the problem.
As desperate Venezuelans flock to Colombia to buy groceries, I muse on 21st Century Socialism's iron clad determination to repeat every mistake 20th Century Socialism made.
We’ve been able to hang on for 22 years in one of the craziest media landscapes in the world. We’ve seen different media outlets in Venezuela (and abroad) closing shop, something we’re looking to avoid at all costs. Your collaboration goes a long way in helping us weather the storm.