Research by Transparency International Venezuela and Ecoanalítica estimated the size of the criminal economies that deal in gold, drugs, and gasoline with the enthusiastic participation of a corrupt State
Many transnational companies fled the country, others are still trying to sell their assets to local capital, and there are those who decided to stay and adapt
Business leaders and economists warn that punishing transactions in USD, as the Maduro government is preparing to do, can reignite inflation and increase informality
Carlos Fernández Gallardo, the new president of Venezuela’s federation of business chambers, explains how the approach to the government was brokered and insists that the private sector can solve many of the population’s most urgent problems
The past two years have been of deep transformation for Venezuela. Ahead of a new negotiation cycle, here’s where we stand today
Caracas Chronicles is 100% reader-supported.
We’ve been able to hang on for 19 years in one of the craziest media landscapes in the world. Now, the difficulty level was raised abruptly with the global pandemic. We’ve seen different media outlets in Venezuela (and abroad) cutting personnel to avoid closing shop. This is something we’re looking to avoid at all costs, and it seems we will. But your collaboration goes a long way in helping us weather the storm.Donate