After wasting precious trying to get a Colombian trucking company to drill oil wells, PDVSA signs a minimally credible deal to stanch the production hemorrhage.
Economists have this maddening habit of talking about the "inflation tax" without caring that nobody has any idea what they're talking about. Here, we'll make it simple.
Leave it to PDVSA to make the biggest financial announcement of the year via a Facebook post. We took the time to demystify the deal PDVSA is offering and ask: is The Swap going to succeed? Or is PDVSA miscalculating badly?
Until relatively recently Venezuela's financial sector floated above the maelstrom of economic dislocation all around. But the economic crisis now engulfing Venezuela is now so big, it’s no longer possible to escape unscathed. Here's why you should care.
Anabella Abadi and Carlos García-Soto wrote the book on Venezuela's price controls. Spanning nine decades of economic folly, it's a labour of love. Literally.
The minimum wage hike is a thorny issue for the Venezuelan opposition, pitting its populist instincts with the demands of economic rationality. So how did they do? Not great.
Tyranized by the urgency of crisis, Venezuelans have stopped talking about Energy Strategy. Eventually, we’ll look up from our navels and realize we need one. When we do, there are three names that need to be at the heart of the conversation: Hugo Chavez, Mariscal Sucre and Elon Musk
If the government is going to flat out refuse even minimal market-led reforms, we're better off with a soviet-style Central Plan than with no economic coordination at all.
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.