The Diosdado Trade
As Diosdado Cabello meets Wall Street investors, Venny bond prices rally. What’s going on? No one is sure, but word on the Street is that the PDVSA re-profiling is basically a done deal.
As Diosdado Cabello meets Wall Street investors, Venny bond prices rally. What’s going on? No one is sure, but word on the Street is that the PDVSA re-profiling is basically a done deal.
Just a year ago, Venezuela effectively decriminalized parallel Forex trading. Half the government seems to have forgotten they did that, the other half seems to be regretting it.
We set the record straight on the people dressed in white.
Financial statements prove the Venezuelan Central Bank is rojo rojito. As in, in the red.
If we look at the Fondo Chino from the Chinese side, we might just understand why China keeps lending to Venezuela, while everyone else has stopped.
Five years on, PDVSA's big plans to turn sugarcane into bioethanol to fuel cars is rusting away in a Cojedes scrapyard.
An agrarian economy built on cocoa, coffee and the brutal oppression of indigenous people and African slaves.
The intense hatred people feel for Nicolás Maduro and company stems, in large part, from the fact that they just don't show up for work.
Venezuela's National Assembly is chosen through a Mixed, Single Member Constituency/Proportional Representation System. Only some of the Single Member Constituencies have more than one member, and the Proportional Representation System is not proportional. Any questions?
Tired of waiting for Marco Torres to fill us in on how much money Venezuela will spend next year, Anabella Abadi went ahead and got us the scoop.
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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