Play2Earn Games Spark NFT Fever in Venezuela
A video game tied to cryptocurrency pays good money to those who are patient enough to spend many hours on it. But, how reliable is this alternate source of income?
Economy
‘Economic Solutions Shouldn't Be Held to Who Gets the Political Win’
Carlos Fernández Gallardo, the new president of Venezuela’s federation of business chambers, explains how the approach to the government was brokered and insists that the private sector can solve many of the population’s most urgent problems
The Fantasy of a Functional Autocracy
Humiliation and submission, the government asks for nothing less from those who want to partake in a fantasy where they can carry on with business without being bothered. Watch out, it may be a scam
The Caracas Stock Exchange: an Investment Oasis or a Mirage?
During the first quarter of the year, the Caracas stock market grew by 81.3% compared to the same period in 2020. Let's see what's happening
A New Currency Redenomination Is Coming to Venezuela
The almost extinct bolívar is about to experience its third metamorphosis in 13 years. It's unavoidable but most likely useless
The Oil Pendulum and the Absent Questions About the Venezuelan Oil Industry
Chávez forced PDVSA back into a tight political control and statism. Now, Maduro’s trying to get the company on its feet again with the opposite approach. How far can he walk that path?
The Campaign to Protect Venezuelan Assets in the U.S.
NGO INRAV is working on convincing Congress to create a fund and freeze the Venezuelan resources obtained through corruption and embezzlement, using the VERDAD Act
I See Your Million, and Raise You a Beco Bond
While chavismo insists on looking for solutions to the cash shortage that in the short run worsen the economic crisis, the private sector gets smart
Why Are Private Hospitals so Expensive in Venezuela?
The collapse of public healthcare and medical supplies production are two of the main elements which lead in how costs pile up in the private health sector
An Overview of the Decline of Oil Production in Venezuela
Now that we left 2020 behind, we can see how oil production in “the country with the biggest reserves on Earth” has fallen during the Maduro years, according to OPEC
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