Fifteen years is nothing
I found this El Universal interview with chavista heavyweight Alí Rodríguez particularly galling. Rodríguez seems to have let his guard down, and we appreciate that, but in the process...
Economy
Notes on a common misconception about the gasoline subsidy [Updated]
Whoops. The gas subsidy still sucks, but this post was wrong. Explanation below. Venezuelans have a hard time understanding the crazed extremes of mindless waste generated by our...
A Tower of David update
It’s been two weeks to the day since the central government decided to evict those living in the the infamous “Torre de David”. So far, only around 25% of...
Venezuela is in a recession. Again.
The Economic Commission for Latin America (CEPAL for its acronym in Spanish) published its Economic Survey of Latin America and the Caribbean 2014. After downloading the report, the...
Evil in the Bayou
This U.S. Senator just blocked the targeted sanctions on Venezuelan human rights violators because she loves CITGO money too much.
A politician's guide to the gas price increase
OK, opposition politicians, listen up. Here at Caracas Chronicles we enjoy beating up on you from time to time, but you might be surprised to learn that we don’t...
One hundred years of oil
Yesterday marked the 100th anniversary of commercial oil production in Venezuela. On July 31st 1914, the Zumaque I oil well in Mene Grande, Zulia, became the country’s first oil...
PDVSA's sad third place
Every year, AméricaEconomía releases a ranking of the 500 largest companies from Latin America. This year, 5 of the 10 biggest companies in the region are part of...
The arbitrarily poor
Quico and I had a non-quibble a few days ago about poverty. I criticized poverty measures, and he beat me up about it. Truth is that I agree with him....
More than Unmet Basic Needs
A tragedy occurred a few days ago in Barinas. Six children died in a fire. The fire was triggered by a short circuit after a service interruption. Typically, after...
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