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
The weight of the black market in what’s left of the Venezuelan economy has been growing for years. But the pandemic added new trades—as honest as the circumstances allow
Nicolás Maduro’s regime is officially barred from accessing the Venezuelan gold stored at the Bank of England. But what could be perceived as a clear victory for the opposition is actually a maze
It’s been over a month since the Iranian fuel tankers brought gasoline to our country. What’s next? Here are the answers to key questions
The dollar dynamics have changed the fishing industry on the island. The best fish is sold abroad for greenbacks and very few locals can enjoy the juiciest catch
Oil wealth will be replaced by a private production network that will serve the mafias that keep the dictatorship standing. What’s happening with gas is only the first step
A Colombia-based startup developed an app that would allow Venezuelans to engage in electronic transactions in dollars without having a bank account in the U.S. Too good to be true?
There’s a black market for everything. Venezuelans will always find ways to trade with anything scarce, from food to DirecTV kits
Illegal economies are also buckling in the face of fuel shortages, checkpoints and the closing of our borders. The price of cannabis has gone through the roof during the quarantine
After 20 years of radical Oil Sovereignty blah blah blah, Venezuela’s oil industry may end up under the boot of a no-name Kremlin-linked security contractor
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