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
Economy
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
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
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
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