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
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
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
Cryptocurrency exchanges such as Binance are also being used in daily transactions as a protection from the cash crisis, devaluation, and hyperinflation
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.