FAQCh
A FAQ about the new “Law of Fair Prices and Costs,” using chavismo’s own words. Q: So I hear there is a new Law of Fair Costs and...
Economy
Evrofinance Mosnarbank - no, that's not a Maracucho name
Ever heard of Evrofinance Mosnarbank SA? Me neither…which is funny, considering – as Daniel Cancel documents in this lovely in-depth report for Bloomberg – it has recently displaced...
Fonden's Accounting is all Greek to Me
Maybe it’s only because I’m a Fonden fanatic, but I really think Francisco Rodríguez’s new research note (link now corrected) for Bank of America/Merrill Lynch should shoot to the top of...
Right, yet wrong
Our friend Miguel over at the Defecating Legion’s blog has sort of challenged me to an opinion duel. The argument goes like this: A few weeks ago, opposition...
Kimi Kash
So, this may not be the part of this last week I will remember the most, but it is the one bit of becoming a parent in Québec...
Who will be the Steve Jobs of the CCT?
So I had a fun back-and-forth with P. Challenger in comments about what it might take to end Venezuela’s insane – I really don’t think there’s another word...
Worst. Social policy. Ever!
Imagine a candidate who went to the country with this message: Compatriotas! When I am president, I will finally spread the oil wealth fairly. What I’ll do is,...
As if Venezuela didn't have enough loss-making state owned companies of its own...
…now it’s taking on Uruguay’s, as well. Sigh…you’d think one thing we wouldn’t need to import is public sector money pits. [Hat tip: Setty, who else?]
It's crazy numbers day at Caracas Chronicles
So I realize it’s Friday night and nobody’s reading blogs right now, but I couldn’t let this item pass un-commented… Venezuelan oil firm to inject $45 billion into...
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