Instead of obsessing endlessly on the DolarToday rate, we'd do better to track the percentage of public sector imports that come in at the crazy Bs.10/$ rate. That's the fuel that's feeding the hyperinflationary bonfire.
As the bolivar goes into free-fall, we present a comprehensive reform plan to guarantee Venezuela never faces acute economic instability again.
It used to take ten years for market forces to catch up with OPEC production cuts. Now it takes a couple of weeks.
As the bolivar goes into free fall, we mark an especially poignant milestone: the brief instant the bolivar reached 1-to-1 parity with the Colombian peso, before rocketing right past it.
Free cash is a good idea? Really?!
Bondholders say they never got the interest payment PDVSA was supposed to make last week. PDVSA is adamant, 'of course we paid!' Confused? So is literally everybody else!
The Venezuelan government is being destabilized by a part-timer. Yes. Really. Click through for the scarcely-believable details.
An explanation for non-economists on how, even if you solve all the macro-problems, the economy is still going to suck because the micro-framework is screwed up as well.
Multinationals are selling their Venezuela operations, sometimes for 0 cash in return. Viva Chiabes!
Ante las mismas colas, la misma preocupación que nos ocupa para conseguir comida o medicinas, lo único que se me ocurre pensar es que nada pasará.
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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