Too dirty. For an OIL TANKER.
So this is how PDVSA ends: not with a bang, but with an unpaid tanker cleaning bill.
Economy
Central Bank of Gattopardia
The appointment of Ricardo Sanguino to head the Central Bank follows the old maxim: “for things to stay as they are, everything will have to change”.
I Fought the Market and the Market Won
With the border-area Forex Bureaus, the government announced yet another non-reform reform. They've learned nothing.
Everybody's looking for a piece of that Citgo
High-stakes corporate lawyers are salivating over the upcoming, epic court battle over Citgo Holding’s fate, with Crystallex and ConocoPhillips leading the charge.
The Zucaritas Principle [Updated]
Nicolás Maduro just announced imports fell to a shocking $17.8 billion last year, down 73% in four years.
The Latest Nullity Named to Run Venezuela's Collapsing Economy
The whole concept of Ramón Lobo running the Venezuelan economy in 2017 would be hilarious if it wasn't for the sheer scale of the tragedy it implies.
The Venny Bond Outlook 2017: Out of the woods?
Venezuela shocked markets once again by sustaining its suicidal willingness to pay. Can Maduro sustain this high-wire act performed by a drunk, who has vertigo?
World's Nerdiest Inocentada
Our Seven Point Plan for Prosperity isn't quite as "original" as we made it out to be. Click through for the shocking revelation.
The Seven Point Plan
Because managing state finances responsibly won't solve all of Venezuela's problems...just most of them.
Laissez-Faire Structural Transformation (and other myths)
Having oil doesn’t make us rich, and we won’t evolve into a prosperous nation by doing nothing but doubling down on its extraction – especially as oil’s role...
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