Amuay = devaluation?
Today marks the six-month “anniversary” of the explosion in the Amuay Refining Complex. Aside from being a massive tragedy, Amuay could have also been responsible for the devaluation...
Economy
Venezuela gives me a migraine
(Overheard at Jeffrey’s Cafe, in Maracaibo) Me: My migraines have been acting up ever since I got here. I think I’m not getting enough caffeine. That tends to...
A whole LOTTT of labor absenteeism
The case of ice cream maker EFE is not unique. Since the new Labor Law (LOTTT) was approved last year, labor absenteeism in Venezuela has increased alarmingly. A...
G.M.V.V. Chronicles, ctd.
A fire broke out last week in the improvised shelter for displaced people located in La Rinconada, Caracas’s racetrack. After the fire was put out, the shelter spent...
The electricity crisis is escalating quickly
Failures in the national transmission system produced two major blackouts in the Western part of the country last week: one on Wednesday and another one last Saturday. The...
Adrift in Caracas
I’m in Venezuela this week visiting friends and family, so I’m not going to be posting much. However, I did want to convey the very strong sense that...
Venalum on strike
Since the start of the month, State-owned aluminium producer Venalum has been on strike. Three weeks later, the conflict has heated up between company workers and management, which has brought...
The Long View on Oil-to-China
Over on Global Barrel, Tom O’Donnell makes the case that the Venezuela-China oil relationship has now reached a kind of critical mass that will keep it going far into...
The slow meltdown of EFE
Founded in 1926, EFE is the oldest ice cream maker in Venezuela. It is now on serious danger of going bankrupt. The company (owned by Empresas Polar since 1987)...
How to give Juan Nagel a heart attack in two minutes and 21 seconds...
As the hat-tipee put it, “Son tan descarados que no les importa usar la verdad como argumento.” [Hat tip: Moncho.]
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