Courtesy of Visual Capitalist, a very interesting graphical look at inflation forecasts for 2023 – with Venezuela, Argentina, and Zimbabwe showing the highest estimates: Mapped: 2023 Inflation Forecasts by Country This was originally posted on Advisor Channel. Sign up to the free mailing list to get beautiful visualizations on financial markets that help advisors and their clients. Inflation […]
Read more »Via The Washington Post, a report on the Venezuela/Guyana border dispute: For decades, maps and charts produced by Venezuela have represented the 61,000-square-mile territory — nearly three-quarters of Guyana — as an integral part of … Venezuela. It’s what governments in Caracas of all ideologies have argued, what generations of schoolchildren have been taught. It’s […]
Read more »Via OilPrice.com, a report that the U.S. has granted a license to Trinidad and Tobago To develop a Venezuelan gas field: The U.S. Treasury has granted a license to Trinidad and Tobago, allowing the Caribbean nation to develop a gas field offshore Venezuela and do business related to the gas field with Venezuela’s state oil firm PDVSA, […]
Read more »Via Bloomberg, a report on Colombia and Venezuela’s steps to cement warmer ties after years of tension: Colombia and Venezuela reached an agreement to strengthen investment protections between the two nations, the latest accord to cement warmer trade relations between the South American neighbors. The agreement is the culmination of talks that sought to “promote […]
Read more »Via Le Monde Diplomatique, an article on Venezuela As I roamed around Caracas in November, I could not help but become frustrated by the traffic jams. Just two years ago, drivers could hardly get any petrol. In 2020, unable to produce its own fuel, the oil-rich country had to wait for Iranian tankers to bring the […]
Read more »Via Foreign Policy, an article on Venezuela’s economic inequality where, as high-end stores open in Caracas, the poor are getting poorer: In mid-November, a glassy Saks Fifth Avenue-like department store opened in Caracas’s wealthy commercial district of Las Mercedes. The store, Avanti, is owned by a Palestinian-Venezuelan businessman and sells high-end fashion brands—Balenciaga, Gucci, Versace, Valentino—and […]
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