Making Cars in Venezuela: From 172,000 Units per Year to One
Ever wonder why a 10-year-old used car could cost ove $20k in Venezuela? Here's part of the answer
Tag: Imports
Bootlegging Undermines Venezuela's Liquor Industry
Venezuelan manufacturers create new products appreciated in international markets and win awards abroad, but within our borders, they struggle to compete with dangerous alcohol made underground or beverages introduced through contraband
The Brands of the Revolution
Traditional brands are competing for the meager purchasing power of Venezuelans with knockoff brands and imported items that pay no taxes or comply with sanitary and quality regulations
Bare Shelves, Empty Wallets: Shopkeepers Brace for the Worst Christmas Ever
Venezuela has always had a "port economy," with most consumption goods coming from abroad. What happens when there's no money for imports? A very bleak holiday season, that's what happens.
Even the government hates government
Whether it’s fixing potholes or keeping our streets safe, pumping our oil safely or distributing its rents fairly, there is simply very little our government gets right. Like...
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