Humiliation and submission, the government asks for nothing less from those who want to partake in a fantasy where they can carry on with business without being bothered. Watch out, it may be a scam
During the first quarter of the year, the Caracas stock market grew by 81.3% compared to the same period in 2020. Let's see what's happening
The almost extinct bolívar is about to experience its third metamorphosis in 13 years. It's unavoidable but most likely useless
Chávez forced PDVSA back into a tight political control and statism. Now, Maduro’s trying to get the company on its feet again with the opposite approach. How far can he walk that path?
NGO INRAV is working on convincing Congress to create a fund and freeze the Venezuelan resources obtained through corruption and embezzlement, using the VERDAD Act
While chavismo insists on looking for solutions to the cash shortage that in the short run worsen the economic crisis, the private sector gets smart
The collapse of public healthcare and medical supplies production are two of the main elements which lead in how costs pile up in the private health sector
Now that we left 2020 behind, we can see how oil production in “the country with the biggest reserves on Earth” has fallen during the Maduro years, according to OPEC
As the economy turned to an informal dollarization, there isn’t enough cash or a proper solution to protect the meager buying power of customers
All Venezuelans today, regardless of the currency they handle, are suffering the effects of an imploding economy that displays just how fragile the “privileged” bubbles truly are
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