Guaidó announced he’ll start managing the nation’s cashflow almost at the same time the U.S. announced new sanctions against PDVSA. Money is one of the reasons part of the Armed Forces are still behind Maduro. What happens when Maduro runs out of petrodollars to give them?
Nothing spells ‘endgame’ like a distressed authoritarian government, with its legitimacy rapidly vanishing in the eyes of the international community, trying and failing to plunder its nation’s riches one last time.
Prices and trading volumes in VENZ/PDVSA bonds are spiking in tandem with Juan Guaidó's bold move towards regime change. Against all odds, the Venny Bulls are back!
Camaraderie, friendship, happiness and beauty can flourish after the worst of circumstances and in the dirtiest of places. The Guaire river may split Caracas in two, but it brought these young Venezuelans together.
While the nation braces for a new political blizzard, the most vulnerable of our youth get by however they can. Hungry, exhausted and scared, this is the story of the homeless vendors who survive under indifferent eyes.
Rhetoric aside, what has the Maduro Era done to Venezuelans’ livelihoods? A deep dive into the numbers behind a calamity.
Venezuela has always had a "port economy," with most consumption goods coming from abroad. What happens when there's no money for imports? A very bleak holiday season, that's what happens.
2018 is seeing the dispiriting return of a sad year-end ritual: the pernil messaging wars. As we argue over who does or doesn’t and should or shouldn’t get a pork leg, can we just get one thing straight? The stuff the state hands out is NEVER a gift.
Want a peek at the future of how the government wants to control your financial life? Talk to your grandma, who’s now receiving her pension in phantasmagoric petros, with no obvious way to turn them back into bolivars.
Yes, having an income in dollars can go a long way. However, there are plenty of other factors at play in order to make it to the end of the month in this economy. Earning dollars, on its own, just won’t cut it anymore.
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.
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