Default, But Not As You Know It
First it was Air Europa. Then Iberia, Lufthansa, Air France, Avianca (Colombia), Tame (Ecuador), Air Canada, Aerolíneas Argentinas, TAP (Portugal), COPA (Panama), American and United. One after the...
Francisco Toro
Quico Toro is the founder of Caracas Chronicles.
Muddling Through to Nowhere
Aporrea made for uncommonly schadenfreudy reading this weekend as the collective penny dropped for middle class chavismo that their own prized shard of the petrostate piñata is now...
It was the cheapest of times, it was the most expensive of times...
In Time Magazine, Girish Gupta gets a rare chance to expose Distortioland in all its contradictory glory. Venezuela [is] simultaneously one of the most expensive and one of...
Or else!
Carabobo governor Francisco Ameliach is serious about crime. How serious? So serious, the guy is giving the state’s criminal gangs a deadline: give up all your weapons within 20 days,...
A Vast Criminal Sub-Culture
Smitten as I am with the economics profession, I do realize it has its limitations. Some topics demand a sociologist’s mindset to really appreciate. I’m thinking Crime. Take...
What’s it going to cost us for Maduro to appear not to be pissing on Chávez’s legacy?
Having trouble figuring out what Goldman Sachs is doing with our gold reserves? Well, if it’s any consolation, so is Bloomberg. Yet, in an illuminating blog post, their...
Teenage Mural Ninja Chávez
Murales Mutantes en Revolución is easily the greates tumblr ever. Huge respect to @reindertot for putting it together. It’s not easy to pick out one or two murals, though for sheer...
Maduro to Guys who Calculate the Inflation Figures: "That's a nice job you got there, it'd be a shame if anything happened to it..."
Is there any other way to read this outburst? “En noviembre, de acuerdo a nuestro seguimiento, la inflación debería ser menos cinco por ciento (-5). ¿Se darán cuenta...
The Trouble With Those International Reserve Numbers
Turns out my post on BCV’s falling reserves had some serious problems: 1. Our International Reserve figures aren’t like those published in normal countries. When Thailand, say, or País X...
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