10.30.15: Fried Brains

El Nacional published an article today in which it claims that the national government has handed out 60% less foreign Continue reading →

04.28.15: Lion Tamers

The national government announced today a series of electrical rationing measures to come into effect tomorrow in an attempt to curb Continue reading →

04.10.15: CENCOEX Reductions

The government announced today that it was drastically reducing the amount of foreign currency Venezuelans can apply for and receive Continue reading →

04.01.15: Semana Santa

The director of Econometrica, Henkel Garcia, said today that the government’s insistence on operating three different exchange rates – CENCOEX (Bs. Continue reading →

03.27.15: Starting at Zero

SIMADI, the third tier of the Venezuelan currency exchange system, processed 17,000 transactions during its first month of operation, totalling $2.6 Continue reading →

02.26.15: Guasdualito

Venezuelan democracy was dealt another blow today, as the mayor of the city of Guasdualito in Apure was unceremoniously removed from her Continue reading →

01.03.15: “Smells like Devaluation!”

Miranda state Governor Henrique Capriles took to Twitter today to remind Venezuelans that the embezzlement of approximately 20 billion dollars through CADIVI Continue reading →