#BCVleaks: Central Bank employees air the dirty laundry
Nelson Merentes, the President of the Central Bank of Venezuela (“BCV”), seems to have a bit of a soft mutiny in the ranks. A group from the bank’s technical...
Economy
Hyperinflation or just high inflation?
Is Venezuela headed towards hyperinflation? A few days ago, Quico dismissed allegations of runaway hyperinflation in the country. He used a report put out by Francisco Rodriguez and his team...
Breaking the bank
From the department of so-funny-it’s-tragic: La Patilla is quoting anonymous sources inside the Central Bank who claim the government’s printing press is working overtime, so much so that...
Sara and Cesar
A mother was walking the streets of Coro with her son and daughter a few days ago. The mother, Sara, watched in horror, as her son, César, fell...
Chavismo on wheels
In early April, a close relative of mine was looking everywhere for new tires. He hasn’t found anything yet. At least he isn’t the only one caught in this...
Will the dollar stop rising any time soon?
On Thursday afternoon, Venezuelans found out how their foreign purchasing power evaporated – quite literally – by the minute, as the US dollar surpassed the 400 bolívares (BsF) mark....
DING! DING! DING!
I was writing a post on how screwed we were since the black market rate of the Dollar crossed the 300 Bolivar threshold a couple of days ago....
Economic crisis and the price of beauty
Venezuela is known for its beautiful women –if we are allowed to say so ourselves. But our high beauty standards are expensive, and no stranger to scarcity. So...
The line, the milk, the flour, the bachaque-ating, and incentives
On Friday afternoon, my dad sent me a cryptic text: “Anabella. Sábado A Las Ocho. Leche En Polvo. Nuestro Gama. Cédula Tuya y Mami”. (Anabella – Saturday at...
Querido [email protected]:
From: Caracas Chronicles <[email protected]> To: Feijoo Colomine <[email protected]> Sent: Wed, May 6, 2015 at 9:10 PM Subject: Su interesante artículo en Aporrea Estimado Sr. Colomine Leí con interés...
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