A Policy Option for Venezuela: Oil-for-Food
The U.S. needs a way to put meaningful pressure on the Maduro regime without making oil prices spike or Venezuelans starve. The way you do that is Oil-for-Food.
Economy
It’s the end of the Oil Industry as we know it (and PDVSA feels fine)
With the U.S. preparing to cut off PDVSA, you’d imagine the company would be a hubbub of contingency planning for this catastrophe. You’d be wrong.
Three Million Percent Later
The bolivar lost two thirds of it's value on the black market in 77 days. We unpack the currency's collapse.
Constituyente Bloodbath for Vennys
Venezuelan bonds collapsed to 15-month lows as the Constituyente doomsday clock ticked towards midnight.
PDVSA Sanctions: How bad is it?
With sanctions on the Venezuelan oil industry a distinct possibility, here are the ugly and uglier aspects of an unprecedented blow to our economy.
Venezuela's Energy Policy is its own Opposite
Going by recent official statements, Venezuela plans to both privatize more of and nationalize all of its oil industry.
Leonardo Vera and the Art of Stabilization
What do we need to do to bring our economy back from the abyss? From hitting up multilaterals to reforming the Central Bank Law to launching a brand new currency, Professor Leonardo Vera has a plan.
Why the 2018 Recovery will be Nothing like 2004
Think the economy can bounce back from the current crisis quickly, like it did after the paro petrolero? Think again.
Chronicle of a Currency Crisis Foretold
The value of the bolivar is collapsing at a frightening speed amidst a hard-currency crunch and disastrous FX shenanigans. Tipo: normal.
Gold Reserve Lines Up for some Hunger Bonds
Nine years after Hugo Chávez expropriated Las Brisas mine, the bill comes due. But how do you pay a billion dollar bill when you’re fresh out of cash? With Hunger Bonds, of course.
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