Lukashenko: your oil is in Lake Charles
A little nugget in my Inbox courtesy of a reader. You know how Hugo Chávez is always boasting that he wants to ship oil to other countries, how he...
A little nugget in my Inbox courtesy of a reader. You know how Hugo Chávez is always boasting that he wants to ship oil to other countries, how he...
Two days before the New Year, Hugo Chávez’s economic svengali let everyone know they will be significantly poorer in 2011. Starting January 1st – yes, you have two days...
One story that should be getting more play abroad is the simply amazing tale of the oil Venezuela is selling to China for $5/barrel…only for the Chinese to turn...
Setty rips my post and destroys my credibility. I had it coming. Post duly updated. The great Miguel provides some more background.
It has long been known that the Southern shores of Lake Maracaibo contain some of Venezuela’s richest, most productive lands. But this is also a land seeped in...
There is a long, tortous story behind a series of bonds colloquially known as the “Bandagro bonds.” I don’t know the details very well, but the outline is...
Hugo Chávez announced yesterday that he was raising taxes … in the middle of a recession. In announcing a rise in the Value-Added Tax, which hits consumers directly,...
A few years ago, chavista apologists boasted about Venezuela’s vertiginous growth rates, bragging them about as Exhibit #1 when vouching for the success of chavenomics. Those days are...
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