Want to Finish Off Chavismo? Keep Maduro in Power
Venezuela feels like it's at rock bottom, but the numbers tell another story. With the economy set to get much, much worse, removing Maduro would mean bailing chavismo out.
Economy
Bitcoin: The Techie's Refuge from a Collapsing Bolivar
As we peer into the abyss of outright hyper-inflation, tech savvy Venezuelans figure out you can shield yourself from the bolivar's implosion without ever coming near a Cadivi folder. How? Bitcoin!
Uruguay finds out it's easier to send food to Venezuela than to get paid for it
Uruguay bet a huge porcentage of its agro-exporting economy on a single deal with the Venezuelan government. What could imaginably go wrong?
Guri: The Nth Crisis
At this point in the year, the water level in the Guri reservoir has never been lower. Our strategy? Pray for rain.
Rodolfo Medina: My prof, the minister
It’s always strange when someone you know turns up on the news. So imagine my surprise when I found out Rodolfo Medina, my old Econometrics teacher from undergrad days at UCV, is now Finance Minister.
Financial News from a Parallel Universe
With $167 billion dollars stashed away in its Macroeconomic Stabilization Fund, Venezuela will likely be spared the worst of the current oil market downturn.
The Event
Following this week’s total rout in the oil market, the question of when Venezuela is likely to experience a “credit event” is now been asked in terms of...
The Real Economic Emergency is Having This Guy in Charge
In a remarkable, minute-long riff in his maiden teleSUR interview, Luis Salas gives us all the reason we'll ever need to refuse to give him additional powers.
What Was Missing from Henry Ramos Allup's Rebuttal
What if Henry had taken last night's teachable moment to really explain how what Maduro calls "economic war" is really just red corruption hiding behind a thick veil of ideological gobbledygook?
BREAKING: Central Bank Posts Inflation, Other Numbers
As Luis Salas was announcing his Economic Emergency Decree, the Central Bank of Venezuela posted inflation, GDP and Balance of Payments data through QIII 2015. Anywhere else in...
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