Sidetur taken over
Private steel company Sidetur (Siderúrgica del Turbio) was seized by the Chaverment this week. The company’s board indicated in a written statement that its offices, assets and funds...
Economy
The red scissors are coming too
The upcoming paquetazo could be coming in more ways than one. After the Chavernment’s Finance Minister hinted at the possibility of future tax hikes, the National Assembly is...
Giordani wants more of your money
Finance and Planning Minister Jorge Giordani said in an interview with State-owned newspaper Correo del Orinoco that according to him, Venezuelans don’t pay enough taxes: “It doesn’t reach...
Hell is a Venezuelan bank
Last week was slow for me blogging-wise. Not because of a lack of ideas, mind you, but a lack of time. Sometimes everyday life meddles with the routine....
New budget = New military toys
The Chavernment presented this week its blueprint for the 2013 National Budget, which includes a huge total: 396.406 Millions of Bs. (33% higher than its predecessor). FONDEN and...
Another milestone for the revolution
The World Bank’s “Doing Business 2013” report just came out. It measures the favorability of different countries toward business, by putting together a series of indicators such as...
SIDOR is in free fall
Poor, poor SIDOR. It has been a rough week for the State-owned iron and steel company: cargo handlers have been on strike, third-party workers insist on joining the...
Police deployment chronicles
The Bolivarian National Police is slowly expanding its operations around the country. This week, 880 agents of the PNB will start patrolling in Carabobo State, with special attention...
Petrochequera mata galán
Over on the IHT, I process my despecho and get down to brass tacks in my Monday morning quaterbacking. It wasn’t the REP. It wasn’t the lop-sided media access....
There's a Mercal for Dollars and it's called Cadivi
This little video is just too cool: the center-left data nerd’s case against the undercover backwards wealth redistribution of the Chávez era. Listen, I don’t actually think this...
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