03.09.16: DIPRO/DICOM

Earlier today, Vice-Minister for Productive Economy Miguel Perez Abad announced a new currency exchange regime to take effect on March Continue reading →

02.23.16: VP Speaks at NA

In a televised speech last night, Maduro announced the creation of the Corporacion Nacional Productiva [National Productive Corporation], and placed cabinet members Continue reading →

08.02.15: Fat Cows

El Universal reported today that while non-oil exports made up 29% of the country’s foreign currency income in 1998, that Continue reading →

05.12.15: Stranded

Last week, the government announced that it was going to allow vehicles to be sold in the country in US Continue reading →

04.23.15: Bravado

The managers of three different Abastos Bicentenarios in Anzoategui state were arrested today under suspicion sabotaging their operations. Maduro made the 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 →

04.08.15: Passing the Buck

Miranda state governor Henrique Capriles criticized the government’s continued preoccupation with the U.S. sanctions on Venezuelan officials, calling it a 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 →