No Change in Dollars: a New Challenge for Venezuelans
As the economy turned to an informal dollarization, there isn’t enough cash or a proper solution to protect the meager buying power of customers
Economy
Venezuelans Helpless Against Unsparing Hyperinflation
All Venezuelans today, regardless of the currency they handle, are suffering the effects of an imploding economy that displays just how fragile the “privileged” bubbles truly are
Living Without CITGO: Why Venezuela May Lose Its Crown Jewel
The decision of renewing the license that would save the company from falling into the hands of its creditors depends on one man. That man has his mind on other issues, and his name is Donald Trump
Myths and Realities of Venezuela's Crypto Regulations
Venezuela's legal framework around cryptocurrencies remains full of gaps, allowing corruption to rule over the supposed legality that seems to exist today
Maduro’s ‘Anti-Blockade Law’ Explained
The “Anti-Blockade Constitutional Law for National Development and Guarantee of Human Rights” was finally published in the Official Gazette. How does it serve the regime and how does it affect Venezuela?
How Bartering Works in Western Caracas
The precarious trades carried out by the most humble people have become impossible, so many resort to pre-modern ways of survival, just to stay alive
Instagram: The Emerging Market of Venezuelan Entrepreneurs
With the brick and mortar stores out of reach and the disintegration of the commercial network, many people are launching small businesses and the picture-sharing network is their marketplace
Making a Buck Off the Quarantine
The weight of the black market in what’s left of the Venezuelan economy has been growing for years. But the pandemic added new trades—as honest as the circumstances allow
The Case of the Venezuelan Gold in England
Nicolás Maduro’s regime is officially barred from accessing the Venezuelan gold stored at the Bank of England. But what could be perceived as a clear victory for the opposition is actually a maze
Maduro Turned to Iran for Gasoline. It Wasn’t Enough
It’s been over a month since the Iranian fuel tankers brought gasoline to our country. What’s next? Here are the answers to key questions
Caracas Chronicles is 100% reader-supported.
We’ve been able to hang on for 22 years in one of the craziest media landscapes in the world. We’ve seen different media outlets in Venezuela (and abroad) closing shop, something we’re looking to avoid at all costs. Your collaboration goes a long way in helping us weather the storm.
Donate