When Will Hyperinflation End?
Venezuela joined the exclusive club of hyperinflationary four years ago, at the end of 2017. The end is near
Red Friday: Anatomy of a Mad Adjustment
In a bizarre, rambling address, President Maduro announced a genuinely weird, heterodox economic adjustment that left Venezuelans at a loss for words.
WSJ’s Anatoly Kurmanaev Wrote a Moving Farewell Piece about the Oil and the People in Lake Maracaibo
The Wall Street Journal correspondent is leaving the country after five years. His last story from Venezuela is about the collapse of the oil industry in Lake Maracaibo and what it means for oil workers there. He says he’ll miss the Venezuelan people, just not as much as we’ll miss him.
The Vulture Watching the Bond House
Anatoly sinks his teeth into the story of the defaulted borrower taking informal advice from one of its sketchy skid-row lenders… What could possibly go wrong?
Picking through the Crazy in PDVSA’s Financial Statement
PDVSA’s financial statements for 2016 are in, and it’s all sorts of fun — if you’re into suffering and crying.
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