What happens when you throw a Carlos in Caracas and ask him to pay for a taxi? Chaos, delays, inconveniences, slow data service and everything else caraqueños know to be true, with the extra paranoia that out-of-towners rightfully feel.
We can’t tell if the exchange controls are dead until we open the box. For now, it sounds more like the same old words they spew when they need money, than the end of controls over our own money.
The government’s plan is not to fight hyperinflation. They plan to fight cancer with a cup of tea. Maduro is eliminating 5 zeros instead of 3. I don’t get it either.
His team didn’t deliver on the promise of raising billions through an ICO.
A 400-page report commissioned by the OAS’ Secretary General sums up the horrors endured by arbitrarily detained Venezuelans. The one to blame: the Maduro government. What happens next? Will there be justice?
After the math doesn’t check out at the end of each quincena, resourceful Venezuelans turn to making extra income online on a platform called Steemit to save the month and beat hyperinflation and the crisis.
American cereal-maker Kellogg’s announced that it would leave Venezuela, leaving hundreds without jobs and a void in our breakfasts.
Strange things are happening in Venezuela’s parallel foreign exchange market. We delve into the dark depths of bolivar-dollar unregulated trading to understand what’s going on.
Chavismo’s hostile Banesco intervention causes more damage than people detained and distressed customers: It reveals just how the government really screwed up our economy.
After years of veiled threats against Venezuela’s largest bank, 11 Banesco executives were arrested and now face the uncertain.
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