Undeveloping Country
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.
Economy
Paroversary in Puerto Ordaz
Venezuela's flagship state-owned steel mill, Sidor, showcases the logical conclusion of chavista economic management.
Cutting Bone
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.
Can El Centro Thrive with Public Employees Taking Fridays Off?
No one's really sure what long weekends by Government Decree mean for everyday life in downtown Caracas.
Explainer: What can I expect from a Venezuelan “Piñata”?
So, you’ve been invited to your first Venezuelan Piñata. Don’t fret my dear non-Venezuelan. We’ll walk you through everything you need to know to enjoy – or at least survive - your first Venezuelan kiddie birthday party.
Las Cristinas: A US$1.38 Billion Tantrum
For the last 49 years, Las Cristinas has been a peculiar kind of mine: instead of gold, it yields lawsuits. The latest one was...expensive.
Pdvsa 22 New, A Trader's-Eye-View
Seventeen months after a bizarre, closed-doors deal between PDVSA, Banco de Venezuela and BCV, a “new” Pdvsa 6% 2022 bond turned up and fell a hair-raising 11% in its first day of ‘trading’. We set out to figure out what the hell that’s about.
Caribbean Mugabenomics
The Economist is already drawing comparisons between Zimbabwe and Venezuela.
Pdv22: The Phantom Menace
PDVSA will probably have to pay three times what it will get for a murky operation that has analysts befuddled. To the Venezuelan government, this all makes perfect sense.
Napping Through the Climate Crisis
While the rest of the world gets serious about climate change, Venezuela's political class is asleep at the switch. At the very least, we need a plan.
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