Research by Transparency International Venezuela and Ecoanalítica estimated the size of the criminal economies that deal in gold, drugs, and gasoline with the enthusiastic participation of a corrupt State
Many transnational companies fled the country, others are still trying to sell their assets to local capital, and there are those who decided to stay and adapt
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
Rum and cocoa, but also shrimp, food, and even auto parts. The figures are still very low, but the private industry is exporting much more than in 2019 and 2020
Maduro announced the government will offer up to 10% of CANTV and other state-owned companies in the stock market. Before you start to celebrate the Venezuelan perestroika, let’s consider what’s really at stake
New research by Venezuelan consulting firm ANOVA shows how the poorest percentile in Venezuela is getting poorer while the richest one improves dramatically its income
The Venezuelan Central Bank started publishing some numbers after years of total opacity, and some foreign institutions are projecting growth that to Venezuelans seems otherwordly
Hiking prices of gas and food in the countries home to our migrants, where the global inflation is already cutting expenses, will compromise the amounts of economic to send to Venezuela
Sanctions are a tool to achieve political outcomes, not an end in themselves. Make sure to subscribe to Frank's Substack, it's pretty awesome
Not only does it pose a risk for those who incur in debt and the creditor banks particularly, but for the Venezuelan banking system, overall
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.
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