What’s left at the bottom of the barrel
Wondering where the heck the government can still scrounge up some cash to keep the show going that little bit longer? Here is a list of dismal “options.”
Economy
An Inconvenient Fact: Not all debt requires National Assembly approval
The claim that “new debt cannot be contracted without Assembly approval” has been one of the opposition’s most effective lines of attack against. Unfortunately, as a matter of law, it’s mostly wrong.
Half-baked Socialism: A Glimpse Into Venezuela's Bread Crisis
A panadería owner explains the harrowing reality of having to run a business that feeds Venezuelans, under the State's coercive watch.
Lobbying the Enemy
Why is Corey Lewandowski’s lobbying firm taking money from a 100% Venezuelan state-owned enterprise?
The Venny Bond Market Contemplates the End
Suddenly, the Bachaquero of Wall St. trade is dead and the smart money is betting big on the end of the chavista experiment. Here’s why
The Bachaquero of Wall Street Makes One Last Killing
Since last year, short-end Venny bonds have been possibly the one asset class worldwide that can more than double the worth of your portfolio in a year — aside from cocaine. That can't last, obvs, but man has the ride been sweet.
Pawning Off the Patria
Don't be fooled by talk of 'repo' deals, Venezuela is pawning assets in international credit markets for pennies on the dollar on genuinely horrendous terms.
How Chavismo Mágico is Swallowing PDVSA
Nothing you learn in Business School will prepare you for interpreting the whirlwind of bad news PDVSA has been facing this year.
Panic on the Streets of Vennyland
Investors in Venezuelan debt were already nervous over the upcoming April 12th maturity. The TSJ power grab sent them into panic-selling mode and set the stage for a weekend of uncertainty.
The Story Behind the Av. Baralt Protests
Mansion's Bakery, blocks away from Miraflores, is the latest casualty in the government's war on bread. It's also proof that people do go out and protest, until repression arrives, of course.
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