Venezuela is indeed an example of Socialism's failure
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Maduro’s cryptocurrency, supposedly backed by Venezuela’s oil reserves, is a very hollow promise
The important thing about Uruguay, from a tax point of view, is they still don’t tax foreign income
Brazil’s growth forecasts fell for a seventh consecutive week
Monetary policy looks at projections and expectations for inflation and will not be used to control the foreign exchange rate
It looks like we're gonna need more than $50 billion!
Imagine a scenario in which PDVSA is shipping five tankers full of oil, and that when these tankers touch international waters, they are confiscated due to the billions in outstanding debts PDVSA has to pay
Let's start by saying that no government should be in the money business
The package bigger than expected, but if you are going to have a problem, it is better to fix it as soon as possible
Day after Maduro, new Government in place that investors will engage with
The Petro will run on the NEM blockchain, where transactions are validated differently from most cryptocurrencies
Dollarizing–the overnight solution to hyperinflation
The selloff in U.S. equities is seeping into other markets globally as investors pull back from riskier assets.
The oil-dependent state is struggling to cope with hyperinflation
Hausmann proposes an audacious solution to end the suffering
This weekend, it failed to make payments totaling $237 million due on another two sovereign bonds.
Imports jumped an impressive 29.9% from the same month last year, up from June’s 15.4% expansion
Conditions for massive investment have not yet arrived
