On the waterfront
Reading this story about how close we are to a collapse in our ports, about how there are 434 thousand tons of food waiting to be unloaded, about...
Economy
Enjoy it while you can, airlines
When all is said and done and Misión Cadivi comes crashing down along with the rest of Chavenomics, a lot of people will be very upset. But one...
I come not to bury IMF Conditionality, but to praise it!
We may hate to admit it, but Nicolás Maduro’s Chinese junket has, as far as we can tell, been a success. He gets to leave with a headline...
Tenth Time's the Charm
Amid the flurry of tweetnouncements coming out of Nicolás Maduro’s trip to China was this lovely tidbit, announcing that it’s the Chinese who will get commercial gold production...
The only useful Bolivar Fuerte banknote left
Back when it was introduced, in 2008, we all sensed that the “bolivar fuerte” nickname they used in knocking 3-zeroes off of the old bolivar had rich potential...
Keep walking...right over the BoP cliff-edge
Been having trouble shaking that end-of-times feeling over the looping Balance of Payments cliff-edge? Here’s some confirmation-bias catnip for you: Faced with an acute shortage of dollars and...
An Allegory of Superior (and Inferior) Organs
The Leader was cross. His flagship policy, the one he’d staked his reputation on, the one he’d learned from his revered predecessor, the Timeless One, could not be...
"New Conferry" Chronicles (Corrected)
Since its expropiation by the government almost two years ago, shipping company Conferry (which connects Margarita and Coche Islands with the mainland) has not lived up to its...
Malaysia's Petronas to PDVSA: Buh-bye
Malaysia’s Petronas is withdrawing from the Petrocarabobo oil fields in the Orinoco Heavy Oil Belt, citing irreconcileable differences with the government. The money quote from the Reuters piece:...
What a Venezuelan State-owned 5-star hotel looks like...
I’ve written before about the State-owned Venetur hotel chain, but thanks to this report from Peru’s Panamericana TV, we can see the current conditions inside one of its...
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