Dude, where's my car battery?
A new criminal trend has appeared in recent weeks in Caracas and other cities: the theft of car batteries in plain sight. Many people are reporting that their...
Economy
The mysterious 30%
The government plans on setting a maximum profit of 30% for everyone and everything in Venezuela. Funny enough, Maduro says he is doing so to preserve people’s economic...
Death by a thousand cuts (Updated)
There are many ways to make a capitalist country – one with plenty of private companies doing all sorts of business – go socialist. You can take over...
At long last socialism
After Nicolás Maduro’s State of the Union speech yesterday, one of the first things I did was try and fetch information on Venezuela’s new Finance Minister, Rodolfo Marco...
The suckiest way to fly
In recent days, passengers of flights by Venezuelan air carrier RAVSA, better known as La Venezolana faced long delays. Really, really long delays. As other airlines started to...
The "no comment" revolution
Financial markets are spooked about the last bastion of reason in the Venezuelan government finally falling, according to Bloomberg’s Anatoly Kurmanaev – whose work continues to be interesting...
Maracaibo chronicles
An excellent story on smuggling in Zulia state, by Bloomberg’s Anatoly Kurmanaev and Andrew Willis, on Venezuela’s unlikely and unsustainable path to becoming … a rice exporter! The...
The inflationary monster
Nice little video on inflation from our comrades-in-chains in the South. (HT: Rodrigo)
What’s it going to cost us for Maduro to appear not to be pissing on Chávez’s legacy?
Having trouble figuring out what Goldman Sachs is doing with our gold reserves? Well, if it’s any consolation, so is Bloomberg. Yet, in an illuminating blog post, their...
The longer you wait, the less you work
In the last two weeks, lines at Venezuelan businesses have been front and center in our daily routines. Queues for electric appliances, lines for clothes, waiting for tools…...
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