The Petro: Three Sides of a Coin

By Pasqualina Curcio Equivalent to a barrel of oil, the petro emerged at the end of 2017 in response to

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National Assembly Recognizes Decline in Inflation for May

A report by the opposition National Assembly (AN) indicates that inflation in Venezuela decelerated in May by two and a

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We Need Your Donation – If You Can Not Donate Please Share (Sharing is Caring)

We really need your support. Help us with a small donation. The best option for us is recurrent monthly donation.

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Why is Inflation Slowing Down in Venezuela Despite Economic Crisis?

The Central Bank of Venezuela (BCV) broke this week the silence on the main economic indicators of the South American

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Central Bank of Venezuela Finally Publishes Economic Data for the Last 3 Years

After three years without providing economic indicators, on May 28 the Central Bank of Venezuela (www.bcv.org.ve) published inflation figures in

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Venezuela Number 1 in Diamond and Nickel – Certified World Reserves

Venezuelan President Nicolás Maduro announced that his country is number one in certified world reserves of diamond and nickel. “Venezuela

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Explanations for the Current Crisis in Venezuela: A Clash of Paradigms and Narratives

By Steve Ellner Various developments at the outset of Nicolás Maduro’s presidency set the stage for what has been called

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The Loop (VI): Between the Shock and the Boiled frog Syndrome

Editorial note: While we support constructive criticism especially in the economic field and are aligned with most of Salas-Rodriguez positions,

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Plan (Looting the) Country: #VamosBien

On February 3, in the heat of the self-proclamation of Juan Guaidó as interim president (sic), we affirmed in this

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Revolutions and Imperialist Aggression

By Jesús Faría (PSUV Vice President for a Productive Economy) Throughout history, revolutions for national liberation and socialism, even progressive

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President Maduro: “Colombian Mafias Steal Venezuelan Cocoa and Sell it as Colombian”

The president of the Bolivarian Republic of Venezuela, Nicolás Maduro, on Wednesday denounced the smuggling of Venezuelan cocoa by Colombian

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Criminal Differential: Learn Pan Flour Price in Colombia and Venezuela

One kilo of the precooked white corn flour produced by Empresas Polar and extensively used in Venezuela for “arepas”, and

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Adiós Gringo? Venezuela & Russia Negotiating Swap of US Dollar for Ruble in Bilateral Trade

Caracas is in talks with Moscow over the possibility of using the Russian ruble in mutual trade settlements and abandoning

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Keys and Perspectives of the Exchange “Liberation” (Game of Thrones Exchange II)

As it is already public knowledge, today Monday, May 13, the new exchange scheme approved by the BCV and the

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It’s Time to Rethink

By Pasqualina Curcio In the Central Bank of Venezuela (BCV) they thought that by decreasing the amount of money they

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