The Shocking Potential of Natural Gas and Condensate
Natural-Gas Condensate. Most Venezuelans have no idea what that even means. I know what it means, though. It means the solution to a startling range of Venezuela's oil and gas problems.
Economy
PDVSA's Garish May Production Collapse
To see the single most destructive trend in Venezuela today, forget about CLAPs, about colas, the TSJ or the CNE or the CIA. Look, instead, to PDVSA's production statistics.
Abad Plan
Miguel Pérez Abad has a plan to finally bring DolarToday to heel by squeezing liquidity and letting SIMADI go nuts. It's just too bad it also involves people not eating.
A Tug of War with the Country in the Middle
Stop me if you’ve heard this one before: the VP for the Economy is signalling a unification in the foreign exchange regime. Maduro's far left advisors are working to block him. Who’s actually running economic policy around here, anyway?
Serrano: Unifying the Exchange Rate is Like Cheating at Solitaire
In an exclusive interview with Cronica.Uno's Mayela Armas, Nicolás Maduro's favorite economic advisor explains the whys and wherefores of Economic Warfare.
From the Archive: Living Out Your Own Counterfactual
I wrote this post in September 2013, before I'd really met Moisés Naím, let alone started writing with him. The price of oil was at $111, and the term "economic degeneracy" already described our situation. It's only gotten more relevant in the three years since.
La Movida
Alfredo Serrano, the wacko Spanish “economist,” has had Maduro’s ear for a while now. Is he making a move to influence actual policy? If he is, things are about to get much more interesting.
Finding the Positive in Bridgestone's Retreat (Updated)
Every day brings a new dose of terrible for Venezuela’s corporate sector. One day we find out there is no sugar for Coca-Cola. Another day we learn that...
Manuela and Holodomor
As the governor of Guárico bans rice from leaving his state, we take a detour through the theory of famines, and what Manuela Bolívar is doing to stop it.
All pain, no gain
Venezuela's cutting imports and spending, and raising taxes, all the pain from a regular IMF program... Without the gain of an IMF loan.
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