The glut around the corner?
CNN is reporting that other countries are joining Saudi Arabia and raising crude production in light of the prolongued conflict in Libya. The list, as you can fathom,...
Economy
Could SENIAT be pulled alive from the wreckage?
Over in Spanish, Moraima thinks so.
Oil Sky-Rockets, Venezuelan Bonds Plunge
It takes a minute or two to fully absorb this Bloomberg chart: It shows the correlation between oil prices and Venezuelan sovereign bond prices. Venezuela’s ability to pay...
Revolutionary Priorities
The blue bars are the government’s 2011 spending budget. The orange bar is our estimate of the opportunity cost of selling gas below the world price.
In a perfect world
A Venezuelan newspaper would find a dogged, talented journalist and give him/her a research budget, six months and enough exposure to blow the top right off of a story...
Things that are scarce
I hate to discuss this, but it’s so shocking it needs to be told. Apparently the latest thing you simply cannot find in Venezuela’ shelves is … sanitary...
The Oil Numbers and the A Priori Trap
You should read this. Honestly, you should. Why? Because, in Venezuela, few numbers are either as important or as opaque as PDVSA’s total production and exports. It’s a...
Wonky. Specific. Bread-and-butter Centered. Straightforward.
I think Julio Borges’s attacks on Chávez’s foreign largesse are getting more and more effective: with the $13.5 billion Venezuela sends abroad in various subsidized oil schemes to bolster...
Boiling it down
In Caracas Chronicles en Español CronicasDeCaracas.net: the transition in three bullet points.
Enlace Venezuela: Getting Serious About The Day After
In this special guest post for 23 de enero, Jose Ramón Morales Arilla announces an exciting initiative to start in on some serious planning for What Comes Next:...
Caracas Chronicles is 100% reader-supported.
We’ve been able to hang on for 19 years in one of the craziest media landscapes in the world. Now, the difficulty level was raised abruptly with the global pandemic. We’ve seen different media outlets in Venezuela (and abroad) cutting personnel to avoid closing shop. This is something we’re looking to avoid at all costs, and it seems we will. But your collaboration goes a long way in helping us weather the storm.
Donate