Introducing the Venezuela Energy Briefing
Figuring out Venezuela’s Energy Industry is not for the faint of heart. Today, we unveil a new report for those with a burning need to crack the PDVSA riddle.
Economy
A Path to Recover Venezuela’s Well-being
So much is wrong with Venezuela's economy, that it’s hard to know where to even start. Unless you’re Ricardo Hausmann and Miguel Ángel Santos – those guys know where to start.
Venny Bull Blend: The VENZ 2027 coupon drama and what comes next
A seemingly endless flow of terrible headlines suggesting Miraflores is as close to bankruptcy as ever capped off a payment delay on the VENZ 2027 coupon. And the Venny Bulls laugh through it all on a blend of optimism and cynicism.
The Gold Game: Farming Virtual Money to Fight a Real-Life Crisis
Venezuelans desperate for hard currency realized Runescape runs on fake money —with more purchasing power than the bolivar. This is how the crisis reached the pixels.
Revision, Rectification and Morocotas
The deranged chavistas now calling for a return to the Gold Standard aren’t deeply lost Glenn Beck fans. They’re mediocre pols who want the monetary benefits of good fiscal policy to come by magic, without any of the boring “fiscal discipline” bits.
PDVSA’s Basket Case
The government seems to think the cheap calculator trick in switching from dollars to yuan amounts to a financial strategy. They’re so far gone, they can’t even recognize hollow posturing for what it is anymore.
Too Many Lies & Too Much Truth: a Foreign Investment Guide
Most countries publish guides for foreign investors, but none of those has Venezuela’s “sense of humor”. Let me show you why.
Ramón Lobo Reaches Peak Idiocy
For the first time in ages, the Finance Minister addressed his battered and bruised nation. To what end? To stamp out the scourge of our time… the merchant willing to swipe your card and advance you some cash for a commission.
The Constituyente before the Constituyente: Maduro’s Rule-by-Economic-Emergency-Decree
The Constituent Assembly’s sometimes portrayed as a strange new autocratic departure. In fact, when it comes to spending and anything related with the economy, Maduro been ruling on his own for ages.
The Only Humanitarian Solution
As Francisco Rodríguez calls for the AN and the ANC to jointly approve new debt, we wonder who’s left out there who would lend to Venezuela with legislative authority, but not without it.
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