Oil Prices: Department of "Y Parió la Abuela"
Almost forgotten amid the Constitutional Crisis, crude oil prices are crashing to terrifying lows, sending the effective yield on some Venezuela bonds north of 142%. (That is not good.)
Almost forgotten amid the Constitutional Crisis, crude oil prices are crashing to terrifying lows, sending the effective yield on some Venezuela bonds north of 142%. (That is not good.)
Feeling lost amid all the political conflict in Venezuela? Let's cut through the fog. Here's Venezuela's Constitutional Crisis, in eight easy steps.
In a lot of ways, 2016 feels like 2002. The difference is the economy, a disaster teetering on the edge of catastrophe that injects a powerful new source of uncertainty and volatility into an already explosive situation.
Andrés Rondón's deep dive into an instant classic of Marxist-Dadaist Economic doctrine.
"Say, Mr. Bus Driver, why are you speeding toward that cliff?"
With Luis Salas's appointment as economics Vice-president, the radicals have won a decisive victory in the fight to dictate economic policy. Their ascent could mean the deepening of the economic crisis and the descent into hyperinflation, hastening the end of Maduro as well.
If you're not genuinely scared by Maduro's last-minute reform of the Central Bank Law, you're not paying attention.
Venezuela's national sport? There's no contest: this place is obsessed with beisbol.
If you're going to read just one thing this week, forget the intramural MUD histrionics and read Ambrose Evans-Pritchard's takedown of OPEC's World Oil Outlook.
President Nicolás Maduro may be fighting fires with a garden hose, but he didn’t start them. The self-proclaimed “son” of Chávez is finding it difficult to pay for...
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.
Donate