• What the tourist industry reveals about Cuba

    Sun, sand and socialism: The revolutionary economy is neither efficient nor fun

  • What gas price rice means to Venezuelans

    This country’s forlorn economy has left no shortage of shortages. Milk, beans, soap, hot sauce, tampons, Tylenol — you name it, there’s a line around the block to buy what little is available. But one thing that could always be counted on in this oil-rich nation was the gasoline.

  • What does the price of Nutella say about the Venezuelan economy?

    At the moment, Venezuela can probably boast the highest price per jar of Nutella, and this is very telling about how deep into trouble their economy is.

  • What ‘Made in Latin America’ should mean

    Made in Latin America should go beyond manufacturing, it should mean the transformation of a region’s economic system into a new era.

  • Venture capitalists should not brush LatAm aside

    With high-profile startups around the region and political stability on the rise, perhaps LatAm has nothing left to prove to investors.

  • Venezuelans Statement

    Venezuelans voters make a statement

    Despite the results, the fight continues

  • Venezuelan lobbying for oil production reduction

    Venezuelan Oil Minister Eulogio Del Pino will visit Russia, Qatar, Iran and Saudi Arabia on a tour of OPEC and non-OPEC countries intended to drum up support for action to stem the tumble in crude prices.

  • Venezuelan government promises to overcome economic crisis

    The Venezuelan government has started to lay the groundwork for a plan to address the country's economic crisis, which it promises can be overcome without the population suffering.

  • Venezuelan government controls more than 500 businesses

    The nonprofit Transparency International says it has identified at least 511 companies that are either wholly or majority owned by the government of Venezuela — and 70 percent of them are losing money, 

  • Venezuela’s new highest denomination bills can barely get you a Big Mac

    New currency began circulating in Venezuela this week, the 500, 5,000 and 20,000 bolivar notes appearing first and which, many have pointed out, are barely enough to purchase even the cheapest of items.

  • Venezuela’s new economic guru

    Alfredo Serrano’s calls for even more state controls have largely shaped the president’s response to the country’s economic crisis

  • Venezuela's new minimum wage won't cover today's basic living costs

    there is a 20% increase in Venezuela's minimun wage, bringing it to BS11.577.22 (US$1.837) a month, but with a 180.9% inflation and the food basket of Bs.106,752.72 ($16,944.88) in Jan. 2016, venezuelans situation is dire to say the least.

  • Venezuela's apocalypse: The media at war

    In one of the more headache-inducing video clips in recent memory, Fox Business Network presents us with its version of the current crisis in Venezuela - where economic mismanagement under the leadership of President Nicolas Maduro has converged with a drop in global oil prices to produce runaway inflation and a shortage of basic goods. 

  • Venezuela's 100-bolivar note withdrawal causes chaos

    Venezuela's highest denomination banknote has ceased to be legal tender, in a move that has caused cash chaos and long queues at banks this week.

  • Venezuela: No default but no Flour either

    Venezuela has paid $1.54 billion in principal and interest owed to international bondholders. But as the Treasury honored its debt, cardboard signs in the country's main cities saying “No bread” have become increasingly common at Venezuelan bakeries.

  • Venezuela: land of wanting

    Congratulations To Bolivarian Socialism - Venezuela's Breakfast Now Costs More Than A Day's Work

  • Venezuela, Iran seeking consensus to stabilise oil markets

    Venezuela and Iran continue to seek consensus on ways to stabilise oil markets and strengthen OPEC

  • Venezuela to Implement New Foreign Exchange System ... Again

    Venezuela's government said that it would move to a floating exchange rate for non-essential imports and allow the state owned oil company PDVSA to sell dollars into the new market

  • Venezuela stops publishing money supply data

    Venezuela has stopped publishing money supply data, depriving the public of the best available tool to ascertain soaring inflation in one of the world's worst-performing economies.

  • Venezuela staves off default, but low oil prices pose a threat

    Venezuela has put off a reckoning on its tens of billions of dollars in debt, but its ability to avoid a disastrous default will probably require much higher oil prices

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