Bodegonzuela Stands On the Shoulders of Inequality
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
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
Business leaders and economists warn that punishing transactions in USD, as the Maduro government is preparing to do, can reignite inflation and increase informality
The Maduro regime is using social media to promote the idea that a new tax on dollar transactions will have no impact on the majority of the population
How has the bodegón economy affected the ingredient availability and price of Venezuela's favorite Christmas dish? Let's see
Tech startups that offer online banking and financial services, transportation and delivery services, as well as digital payment alternatives, e-commerce, cryptocurrencies and fintech are multiplying all over the country
The first dramatic change after Manuel Rosales’s victory over Omar Prieto, is the absence of gas lines. The answer lies between street rumors and crowdsourced data
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