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...
Economy
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...
Venezuelan inflation in one simple image
You know the adage: a picture is worth a thousand words. So, what better way to show how inflation has affected us… than the prices of trading cards for...
The eight-hundred-and-seventeen-car-per-month economy
Our friends over at the Latin American Herald Tribune have an alarming article on Venezuela’s squalid car market. GM has written down $400 million from its books, courtesy of Maduro’s...
SICAD II: Lost in Translation
Confused about SICAD II? Wondering whether the new currency exchange system really is a legal, market-based alternative to the black-market, or whether it just plays one on TV? Don’t...
The Petrocaribe Trap
A guest post by Alexis Caraballo, who makes her living as a Caribbean regional analyst. A failing economy, where everything for sale in the shops is imported, with dwindling foreign reserves...
The Petrocaribe Trap
A guest post by Alexis Caraballo, who makes her living as a Caribbean regional analyst. A failing economy, where everything for sale in the shops is imported, with dwindling foreign reserves...
Blackouts have not gone away
Venezuela plunged into an electricity crisis in 2009, one that has seen an endless amount of blackouts and hundreds of promises from the government to fix the state-owned...
The hidden numbers of Chávez's legacy, by @danielragua
(Friend of the blog Daniel Raguá sends us this corollary to Dorothy’s latest post) Never mind inflation, scarcity, and all the rest. Here are some hidden nuggest in...
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