How not to think about the electric problem
We've grown accustomed to the idea that we're going through an "electric crisis", but we're not. We're having an electricity shortage. Spot the difference?
We've grown accustomed to the idea that we're going through an "electric crisis", but we're not. We're having an electricity shortage. Spot the difference?
Venezuela's debt isn't just enormous, it's complex. Crazy exchange rates, interests, and enchufados saw CADIVI dig its own grave. How do we climb out?
Lorenzo Mendoza has been Maduro's punching bag for a while, but as Polar's final beer factory closes in San Joaquin, in Carabobo State, can Empresas Polar take the beating much longer?
The level of desperation Venezuelans are feeling comes from their broken spirits and from their broken wallets. It is time we face the fact that we have become a nation of indigents.
There's a storm brewing in our country, but in VennyLand…everything is Awesome!
Some see "dollarization" as a magic wand: a one stop solution to all our economic stability problems. If you dive into the nitty-gritty, it's not so simple.
It's time to table debate on what to do with the oil rent, and start thinking about how the oil industry cannot bear the weight of an entire economy. But first, we must understand how this all came to be.
Venezuela's flagship state-owned steel mill, Sidor, showcases the logical conclusion of chavista economic management.
Schlumberger is a firm PDVSA simply cannot afford to stiff, because it can't produce oil without its help. Guess what, PDVSA is now stiffing Schlumberger, and they're beginning to pull out.
No one's really sure what long weekends by Government Decree mean for everyday life in downtown Caracas.
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.
Donate