A Very Chavista Reform
Any reform that gets this government from point A to 2019 and marginally improves the current situation is solid gold in chavismo's handbook. Let's to put on the red beret and think economics like a chavista would.
Any reform that gets this government from point A to 2019 and marginally improves the current situation is solid gold in chavismo's handbook. Let's to put on the red beret and think economics like a chavista would.
Widespread decentralized money might just mark the start of a new chapter in the history of economics...but not quite yet.
Sooner or later, Venezuela will likely have to restructure its debt, and it's high time to begin planning for that scenario.
President Trump wants to build the Keystone XL Pipeline after all. This is a disaster for Venezuela's energy strategy, and one that makes retaining control of Citgo not just important, but imperative.
So this is how PDVSA ends: not with a bang, but with an unpaid tanker cleaning bill.
The appointment of Ricardo Sanguino to head the Central Bank follows the old maxim: “for things to stay as they are, everything will have to change”.
With the border-area Forex Bureaus, the government announced yet another non-reform reform. They've learned nothing.
High-stakes corporate lawyers are salivating over the upcoming, epic court battle over Citgo Holding’s fate, with Crystallex and ConocoPhillips leading the charge.
Nicolás Maduro just announced imports fell to a shocking $17.8 billion last year, down 73% in four years.
The whole concept of Ramón Lobo running the Venezuelan economy in 2017 would be hilarious if it wasn't for the sheer scale of the tragedy it implies.
We’ve been able to hang on for 22 years in one of the craziest media landscapes in the world. We’ve seen different media outlets in Venezuela (and abroad) closing shop, something we’re looking to avoid at all costs. Your collaboration goes a long way in helping us weather the storm.
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