Paquetapocalypse Later
This Bloomberg piece describing changes in chavista financial management sort of raises more questions than answers, if you ask me. According to Joshua Goodman and Charlie Devereux, this… Last...
This Bloomberg piece describing changes in chavista financial management sort of raises more questions than answers, if you ask me. According to Joshua Goodman and Charlie Devereux, this… Last...
So these two stories have been making the rounds recently. The first has Caracas as the 9th most expensive city in the world (comically sandwiched between Paris and...
(Posted on Foreign Policy´s Transitions blog) A pyramid scheme called Venezuela By Juan Cristobal Nagel Hugo Chávez, Venezuela’s embattled president, is living on borrowed time. The real problem...
El Nacional continues with its reporting on the push to get China to provide new financing for the Bolivarian Revolution. In a rambling article by Andrés Rojas, we...
Note: Long-time reader Dago takes the Torres/Monaldi/Morales/Rodríguez proposal for handing out oil rents to citizens and then taxing them, and frames it in an interesting, approachable way. He...
This nifty BBC interactive feature serves as a timely reminder: gasoline in Venezuela isn’t so much “cheap” as it is, for all intents and purposes, free. [Hat tip:...
Bloomberg’s Ye Xie and Nathan Crooks have a very interesting article profiling the cozy relationship between Hugo Chávez and his bondholders. They make the case that, in spite...
Long-time readers know extorres, our frequent (yet annoyingly anonymous) commenter who has been pushing the direct distribution of oil wealth for a loooong time. Today, the Wall Street...
As the government finds it has fewer dollars to fund imports of cut-price food, scenes like this one are set to become increasingly “normal”. When people imagine the...
(A Spanish version of this post appears in Prodavinci) The New Yorker published a shattering article this week by Jon Lee Anderson, about Caracas’ slow, brutal decadence. The...
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