Invaded by Wikipedia
The photos Chávez said he had of a US Orion P3 war plane invading Venezuelan air space last week? It’s a Wikipedia job: The Wikipedia File History shows the...
Reasons to doubt the Inflation Spike Scenario
Despite some of the more excitable oppo commentary out there, there are good reasons to doubt whether yesterday’s devaluation is really likely to cause much of an inflation...
The Dual Exchange Rate Shell Game
In announcing a sharp currency devaluation alongside a dual exchange rate, the Venezuelan government confirmed its longstanding M.O. of periodically regularizing entrenched but previously illegal governance practices. To...
Recadivi, it's Official: Dual Exchange Rate at Bs. 2.60 and Bs.4.30 per dollar
Chávez is calling the Bs.4.30 (CUATRO TRENTA, COMPAÑERO!) exchange rate the "dolar petrolero": the government is going to double the number of bolivars it gets for every oil...
It's a rumor, yes, but it's a Bloomberg parroted rumor...
You know that the Permutaland rumor mill is on High Overdrive when even Bloomberg is picking up stories about an immident devaluation. UPDATE: It’s Bloomberg running with this,...
The Passion of the Redrado
For Venezuelans, the fight between Argentina’s president and their Central Bank chief is all too familiar. Cristina Fernández’s foreign reserves grab is a virtual re-run of Chávez’s "millardito"...
The Dimmest Bulb
Today, we have a Guest-post from our occassional Mérida correspondent, Guido Núñez-Mujica: Bolivarian dim bulbs In Caracas, it’s just about possible to ignore them. But out here in...
Isn't a false "false positive" just a positive?
Venezuelan government spokesmen sound genuinely worried about a Colombian attack on the border region these days. Talk of a "False Positive" – an attempt, as the Venezuelan government...
Watching History from the Sidelines
As the lights go out, the government shrugs its shoulders. "Nothing to do with us. El Niño did it!" Apparently that Cuban Cloud-zapping Ray wasn’t all it was...
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ooops, sorry about this…here’s a photo of the culprit: You may now ooh and aah appropriately…
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