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There are no Conditions for an Election in Venezuela

Last week, Venezuela experienced its latest sham election. This time is an “election” to renew the country’s national assembly, which is the only institution controlled by the opposition, and the only institution recognized by the international community. 

The COVID-19 Crisis and the Consumer Price Index in Spain

In this week’s column, Jorge Jraissati studies the relationship between the COVID-19 crisis and the consumer price index in Spain. Jorge has been hearing anecdotes about price increases in Spain, which contradicts the macroeconomic indicators of the country.

Ni lo uno ni lo otro sino todo lo contrario.

Los venezolanos se encuentran en una situación de desespero, frustración, indefensión (inducida a veces) y de resiliencia en el sentido negativo de la palabra que se traduce en un desencanto total, falta de confianza y rechazo a sus "representantes" (tanto usurpadores como pretendidos) Por un lado, se desinfla la dinámica del Interinato que inició con un gran apoyo y expectat

Venezuela will Deepen its Implicit Dollarization in 2021

In the middle of the biggest economic collapse of any nation in modern times, Venezuela is experiencing a fundamental, and perhaps irreversible, change within its economic system. Since 2019, Venezuela has been driving full throttle towards an economic phenomenon, which I refer to as implicit dollarization.