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...
Economy
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.)
Venezuela's Constitutional Crisis: How Did We Get Here?
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.
A Crisis on Two Clocks
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.
Grading Luis Salas's Application Essay
Andrés Rondón's deep dive into an instant classic of Marxist-Dadaist Economic doctrine.
Venezuela tops world inflation
"Say, Mr. Bus Driver, why are you speeding toward that cliff?"
Meet the Undertakers: Venezuela's Terrifying New Economics Tsar and the People He Hangs Out With
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.
Huir hacia adelante ad absurdum
If you're not genuinely scared by Maduro's last-minute reform of the Central Bank Law, you're not paying attention.
Why are Venezuelans so crazy about beisbol?
Venezuela's national sport? There's no contest: this place is obsessed with beisbol.
The Last Oil Boom?
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.
Caracas Chronicles is 100% reader-supported.
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