He knows how bad it is
A few days ago, Spanish daily ABC published an article about Venezuela’s weak position on external assets, basically arguing that the country does not have enough currency to pay...
Economy
Shortage is the word
Even the BCV in its latest official numbers was forced to admit it: Food shortages in the country are now on a critical level, reaching 29,4 % in...
Bloomberg subtly mangles its takedown of a big, failing chavista Co-Op
As Juan noted earlier, over on Bloomberg, Anatoly Kurmanaev takes the grand tour of the oversized, underused William Lara Agricultural Commune near Calabozo, in Guarico State, The harvesters imported...
Cadivi dies, and so does the middle class
(Since Cadivi is gasping its final breaths surrounded by controversy and not a minute too soon, this guest post by Iesa professor Pedro Luis Rodríguez could not be better timed. Rodríguez...
Corpoelec interventions: is it getting better, or do you feel the same?
Last Holy Saturday was not “glorious” at all for people in several parts of the country, as electrical blackouts affected their holiday. In the states of Mérida, Táchira...
Is Venezuela a middle class country?
The past few days, I’ve been going back and forth with Amherst Prof. Javier Corrales on the issue of whether Venezuela is a middle class country. This was...
"¡Aquí fue!"
“I haven’t had tenderloin in two years.” I’m having lunch with Leticia and her husband Gonzalo in an upscale Santiago beef restaurant. I don’t know them very well, but...
Where have all the dollars gone?
Reading the Venezuelan press, it’s easy to forget this is a petro-state, and that the barrel of oil is selling at prices close to its historic high. Just...
PANINI-nomics in Venezuela
Over the past two weeks, Venezuelans have poured into the streets, but not simply to protest. Throngs are desperately trying to get the officially licensed sticker albums of this year’s...
On a wing and a prayer
The ongoing saga between international airlines and the Venezuelan government continues. Just when you thought airlines were going to get their money, the government is now suggesting they...
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