“With soaring import demand due to double-digit inflation, collapsing local production of almost everything other than the ever-flowing black gold, and increasing regime uncertainty ever since the Comandante’s passing, there seems to be no end in sight for the bizarre efforts with which the Venezuelan government is trying to sustain foreign exchange controls. If you want to get a good grasp of the whole shenanigan, make sure to read this, this and this, by Francisco Toro and Emiliana Duarte at Caracas Chronicles.”
Related posts:
France's Hollande Invades Mali, Wins UNESCO Peace Prize
Appeals Court Ruling Throws Wrench in Maritime Drug Prosecutions
NYC Muslims appalled that NYPD designated all mosques ‘terrorist organizations’
Patent stunner: Nation’s most notorious “troll” sues federal gov’t
For Bitcoin’s Biggest Believers, Digital Currency Is Better Than Gold
U.S. Admits No Imminent Threat from Syria, No Clear Evidence
$20 Billion Hidden in the Swamp: Feds Redact 255,000 Salaries
Cop Arrests Guy For Drinking A Half & Half Arizona Ice Tea
Saudi prince defects from royal family
Travel For Coins.com
23 Reasons to Be Bullish on Gold
U.S. Spent $5.6 Trillion On Wars In The Middle East And Asia: Study
Bitcoins Soar In Value In Argentina Due To Capital Control Laws
China begins direct convertibility to Asia’s #1 financial center, Singapore
When You Receive Your “Policy Cancelled” Letter, What Then?
