S&P to Maduro: down you go
Standard & Poor’s downgraded Venezuela’s debt from junk to useless junk. Why should you care? Because the lower our debt rating, the higher the interest rates we have...
Economy
Tremendo rollo
My take on the toilet paper crisis in a post that proved very difficult to write, over at the Transitions blog. The value added: Venezuela actually can’t afford...
Is El Chigüire Maduro's new press secretary?
After reading news items like this one, I can only conclude that the trolling of our public sphere is now state policy. In it, we learn that Maduro,...
The end of a long debate
Léelo en Español en Prodavinci. It’s easy to forget that, before chavismo descended into outright farce, there was a genuine intellectual debate to be had about the proper...
The small print
You know the story that ran a few days ago about the Maduro government signing agreements with Chevron and the CNPC to develop some oil fields? Well, according...
Spawn of Samán
Times are pretty tough for INDEPABIS, our (sort of) Consumer Protection Agency. With the current wave of shortages, they’re way, way overstretched. Now, a major corruption scandal involving a...
Graph of the day
Accompanying article here. The money quote It turns out that the profusion of oil wealth might actually make the roads more dangerous due to something political scientists call...
Hard-knock life in a "socialist city"
Not long ago, the Caracas housing complex known as Ciudad Caribia was being touted by the then-living comandante supremo as the model of a “21st Century socialist city”,...
Money down the toilet
Bloomberg’s Charlie Devereux, Corina Pons, and Sebastian Boyd are reporting that Venezuelan Finance Minister Nelson Merentes will soon hit the road to see what appetite there is for...
Brand new airport, same old planes
Last week, Aragua State Governor Tareck El Aissami said that the El Libertador Air Force Base (near Maracay) would become a civilian airport for domestic and international flights....
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