Tag "bolivar"
Under the Radar: Venezuela divorces itself from reality
Venezuela is seeing conspiracy theories behind its inflation worries and suspension from Mercosur, as Caracas becomes increasingly divorced from reality.
Foreign MNCs face trapped assets in Venezuela
Foreign multinational corporations in Venezuela are faced with rapidly decreasing profit margins amidst strict capital controls and mounting inflation. Given incentives to maintain the status quo, the government is unlikely
Failed coup diverts attention from Venezuela’s currency devaluation
An alleged coup attempt on the government of Venezuela and following protests has diverted attention from the most drastic economic decision taken by the Maduro administration—liberalizing the exchange rate regime. On
President Maduro focuses on elections, not economy
President Nicolas Maduro has gained special powers to fight Venezuela’s economic woes. However, things are unlikely to improve under the tense political atmosphere. On November 19th, Venezuelan President Nicolas Maduro