Zelle For the People
A Colombia-based startup developed an app that would allow Venezuelans to engage in electronic transactions in dollars without having a bank account in the U.S. Too good to be true?
A Colombia-based startup developed an app that would allow Venezuelans to engage in electronic transactions in dollars without having a bank account in the U.S. Too good to be true?
Applying social distancing measures to slow the spread of COVID-19 is the right way to go. The thing is, it’ll devastate what remains of the Venezuelan economy.
There’s a weird vibe in Caracas of economic improvement, with shortages slowly disappearing. But if you go past the surface of the incipient upgrades, you’ll see we’re far from real, stable development.
The ANC is looking to modify the VAT law to tax transactions in dollars. What does this mean?
When Hugo Chávez spoke of finally diversifying the Venezuelan economy, nobody, least of all himself, could have guessed how it’d come true. This is what happens when you pummel domestic production.
Spontaneous dollarization seems to have taken over Venezuela. Even Maduro admitted it represents an “oxygen valve.” Two experts describe the different sources of cash dollars.
The National Assembly has both an opportunity and a need to bring back transparency and efficiency, starting with managing the nation’s assets they are protecting abroad.
After a month of Maduro’s new economic measures, what’s life like on the formerly crowded streets of Caracas? Lots of closed shops, and not a lot of hope.
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.
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